As investors await tomorrow’s GDP release in the United States, a former associate of George Soros warned King World News that the Fed may use tomorrow’s GDP release to smash gold.

Victor Sperandeo manages over $3 billion, has been in the business 45 years, and has worked with famous individuals such as Leon Cooperman and George Soros.  Below is what Sperandeo had to say.

Victor Sperandeo:  “KWN readers need to be cautious about the gold market heading into tomorrow because the U.S. government is going to release a politically influenced GDP number that implies very strong growth…

To hear which legend just spoke with KWN about $8,000 gold and the coming mania in the
silver, and mining shares markets CLICK HERE OR ON THE IMAGE BELOW.

KWN Faber I 2:19:2016

King World News - King World News - ALERT: James Turk Issues Dire Warning As Fed To Monetize 'Everything In Sight'

If the GDP number comes in well above 2 percent growth, that would be used (by the Fed) to attack the gold market.  I expect a number of around 2.6 percent for GDP.  This would create a rally in the dollar and additional downside pressure in the gold market.

If The Fed Smashes Gold Friday, Buy The Dip
For what it’s worth, if gold gets hit tomorrow I would be a buyer because I think that will represent the correction low in the secular move higher.  The Fed is not going to raise rates and so reality will set in and gold should strengthen for the remainder of the year and into next.”

King World News note:  For those of you who look to accumulate physical gold and silver on dips, if Victor is correct, tomorrow may represent a very good buying opportunity to add to your physical holdings.

***KWN has now released the powerful audio interview with Bill Fleckenstein discussing the “cold fusion” solution that is now being proposed in a world that is already drowning in monetary madness, and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.

***ALSO RELEASED:  Look At This Remarkable Chart As The Public Dumps Stocks! CLICK HERE.


***KWN has also released the remarkable audio interview with Jean-Marie Eveillard, the man who helps oversee $90 billion, and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.


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