Peter Thiel: 'Financials broken; bottom years away'

I don't usually comment on the markets, but I was shocked by Peter Thiel's outspoken predictions in an interview with the Wall Street Journal Report on Monday. For example:

• "The bottom is years away in financials;"
• Housing still 30% overvalued;
  
• "The entire business model for financial companies is broken;"
• "Stay away from financials for the next 2-3 years;"
• Oil will be at $150 per barrel;
• Gold will be at $1,400 - $1,500 per ounce;
• "The emerging market boom [except in China] is a mirage;"
• "Continued de-coupling [of the U.S. economy from the world economy] and probably [U.S.] recession;"
• Oil profits will not be invested in the U.S., but in China and emerging markets (sustaining the emerging markets "bubble" for at least a few years);
• Invest in tech stocks; avoid anything that is leveraged.
  

Thiel went from nothing to billions, investing in PayPal and Facebook, so he knows his stuff.