Sure the #Dow closed above 25,000 for the first time ever, but priced in #gold the Dow is unchanged on the year. There is an excellent chance that 2018 will be the start of a major bear market in U.S. stocks priced in gold!

Sure the #Dow closed above 25,000 for the first time ever, but priced in #gold the Dow is unchanged on the year. There is an excellent chance that 2018 will be the start of a major bear market in U.S. stocks priced in gold!

— Peter Schiff (@PeterSchiff) January 4, 2018