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Key Words: Not a ‘total shock’ if stocks plummet 25% and gold soars 50% by October, says Ron Paul

The U.S. economy is nowhere near as strong as the prevailing view on Wall Street leads investors to believe. That means a painful stock-market correction could hit as soon as October, according to libertarian firebrand Ron Paul, the medical doctor, former Republican congressman and repeat presidential candidate.

‘If our markets are down 25% and gold is up 50% [by October], it wouldn’t be a total shock to me.’

Ron Paul

That scenario would land the S&P 500 SPX, +0.64% flirting with 1,800 and gold GCQ7, -0.93% above $1,860 an ounce.

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