On the heels of a wild start to the second quarter of the 2017 trading year, today King World News spoke with the man who advises the most prominent sovereign wealth funds, hedge funds, and institutional funds in the world.
Michael Belkin: “Everything leads to gold (in 2017). Gold is the undiscovered asset. Most institutional investors have not been interested in gold because they think the Fed is raising interest rates and the economy is strong. And yet today, what happened? Gold and silver took off…
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Michael Belkin continues: “Gold and silver both rose above their 200-day moving averages. With a sudden surge late in the day, Trump came out and said the dollar shouldn’t be so strong. The dollar sold off and gold and silver took off (to the upside).
All Hell Will Break Loose When The Fed Panics
So you want to fade the (mainstream) consensus. And what will ultimately happen is the Fed will panic. The institutions, they are not in the gold stock universe yet, and so you have a chance to front-fun them. The big money will be coming in and pouring into this stuff (gold, silver and the shares) as they pour out of all the other stuff (mainstream stocks) that they own now, which are not working.
People can front-run the Fed too. Just think about what’s going to happen. The Fed is going to get cold feet, tuck its tail and run. The Fed is going to panic. The Fed is going to reverse monetary policy because they are on the wrong side of history. And when the Fed eases and starts intimating that it’s going to cut rates, that the tightening cycle is over, that is going to put an afterburner underneath the gold and gold stock universe and the institutional money should come flowing in. So that’s why I think now is the time…KWN has just released the remarkable audio interview with Michael Belkin, the man who counsels the biggest money on the planet, and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***ALSO JUST RELEASED: Art Cashin – A Great Storm Is Brewing CLICK HERE.
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