On the heels of the Dow hitting a new all-time high, today King World News is pleased to feature an interview with the man who advises the most prominent sovereign wealth funds, hedge funds, and institutional funds in the world.
Eric King: “Michael, you visit with the biggest money on the planet in Tokyo, London, New York, and across the globe. What are you hearing back from them? And what is happening around the globe that people need to be aware of?”
Michael Belkin: “Well, let’s put things in perspective, Eric. After Trump’s election, that was sort of a boomerang that was thrown into markets. So people dived back into the stock market and it traded higher, but underneath the surface they went risk on. So they bought financials and there was a huge outperformance in the financial sector, industrials and materials…
To find out which company the richest man in China has invested in, one that
Rick Rule and Sprott Asset Management are pounding the table on that
is quickly being recognized as one of the greatest investment
opportunities in the world – CLICK HERE OR BELOW:
My clients are big, global institutions that control huge chunks of money, and they are concerned about what the market is doing below the surface. Basically everything is turning defensive. My message to them, to you, and to your listeners: Whereas before it was financials, industrials, things like that — which are risk-on cyclicals — now it’s all defensive.
So the things that were really underperforming, those are back. Those were knocked down in relative terms and I am telling people to rotate into those (defensive names). And what is going to underperform is tech, consumer discretionaries, financials. I have a fresh sell signal on financials and on industrials. So the whole Trump wave is going to reverse.
All Roads Lead To Gold In 2017
And the other thing that just happened is the dollar reversed. That was partly a result of a big manipulation in China. The bottom line is all paths lead to gold and gold assets…KWN has now released Michael Belkin’s remarkable audio interview and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***KWN also released one of Marc Faber’s greatest audio interviews ever and the overseas line was crystal clear for the recording. Faber covers the great danger facing the financial system in the coming year, what his predictions are in 2017 for global markets, stocks, bonds, gold, silver, mining shares, etc, what investors should be doing with their money right now, what has the wealthy so worried in 2017, how Trump will impact major markets, and much more, and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***ALSO JUST RELEASED: Marc Faber – If You Want To Make A Fortune In 2017, Buy These Stocks CLICK HERE.
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