On the heels of a wild week of trading in global markets, today John Mauldin told King World News that it may be time to buy gold.
Eric King: “John, I know you’ve seen the chart of commodities showing that they are at an all-time low vs financial assets — your thoughts on commodities.”
John Mauldin: “And if it wasn’t for energy the chart would be even lower. You’ve got to start to think about, when is the time to buy? I think relatively speaking, because I know you and I know what you are thinking — you’re thinking about gold — gold has held up relatively well in what has been a pretty ugly bear market in commodities in general. So I find that creates kind of a bullish outlook for gold. It may be time to think about accumulating some gold…To continue listening to John Mauldin discuss the gold market, this week’s stock market plunge, how QT will impact major markets, what will trigger the Fed to initiate the next round of QE and much more CLICK HERE OR ON THE IMAGE BELOW.
ALSO JUST RELEASED: MAJOR ALERT: Commercials Dramatically Increased Most Long Gold Position Since 2001 CLICK HERE TO READ.
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