As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies just issued a dire forecast as we approach panic in global markets.
China’s central bank makes big bet as defaults begin, global bond bubble continues to inflate, plus the big squeeze on state and local government employment.
After the major breakout in the gold and silver markets, this is the problem for investors.
Today veteran short seller, Bill Fleckenstein, told King World News that investors need to make sure they don’t get left behind in this gold and silver bull market.
Despite today’s pullback, the gold war has been heating up…this is truly remarkable…
With the price of gold surging above $1,450, silver has also been on quite a tear, plus Peter Schiff just warned “QE Infinity is coming soon.”
As the price of gold surges near the $1,450 level, a major gold alert was just issued by Gerald Celente.
Here is another bullish gold catalyst, economic downturn getting worse, plus it’s not just sovereign bonds that have negative yields.
With the world beginning to take notice of the rally in gold, this may send the price of gold above $1,900.
Ray Dalio’s estimated net worth is $18.4 billion and he is the found of the world’s biggest hedge fund, Bridgewater Associates, which manages $160 billion. Below are portions of his fantastic piece that ignited the gold market today.