Legendary investor Michael Burry – famously played by Christian Bale in the movie The Big Short – said the same thing, calling this “the biggest speculative bubble of all time.”

Wall Street icon Bill Ackman has gone on record saying, “We are in a classic bubble… Every indicator is flashing red.”

And famed hedge fund manager Ray Dalio of Bridgewater Associates went so far as to say, “We are in a worse position than 2008.”

Luckily, according to Rickards, there’s a way to avoid the fallout.

“First off, it’s never a bad idea to have at least some portion of your portfolio in physical gold. It’s a great store of wealth. It’s a hedge against inflation. It’s a good tangible asset in times of crisis.

“But that’s just a way to protect your wealth,” he says. “What most people don’t know is that there’s an even better way to actually profit and grow your wealth in times of crisis.

“Remember, guys like Joseph Kennedy and J. Paul Getty made most of their vast fortunes during the worst years of the Great Depression. And today is no different.”

But he’s quick to correct himself.

“Actually, there is one major difference. Thankfully, unlike those early days of the market, even everyday Americans can profit during a market crash. You just need to know where to look.”

According to his research, the next major crash could begin as soon as June 15th.

And unfortunately, most Americans won’t know about it until it’s far too late.