Today King World News spoke with the man who advises the most prominent sovereign wealth funds, hedge funds, and institutional funds in the world and he warned investors that gold, silver and the mining shares are set to skyrocket.
Eric King: “You counsel the biggest money on the planet, and we’re going to talk about so many topics, but what you want to say to open here, Michael?”
Michael Belkin: “Eric, everybody is all excited about the stock market but this week the stock market was unchanged. The S&P was up 0.2%, big deal. But silver was up 3.5% this week, gold was up 2% and oil was up 4% — that’s where the real action is. And yet there is this mindless, huge herd move into the stock market at the top. Meanwhile, there are huge opportunities in the precious metals mining stocks, particularly silver and gold mining stocks around the world.”
Eric King: “These (gold and silver mining) stocks, Michael, they haven’t moved yet (this year). But when they move, they move violently to the upside. So your P&L can change pretty radically in a short period of time.”
Michael Belkin: “Absolutely and that’s what we’re setting up for. I think we’re setting up for a huge upside…To continue listening to the timely and powerful KWN audio interview with Michael Belkin, the man who counsels the biggest money on the planet CLICK HERE OR ON THE IMAGE BELOW.
***ALSO JUST RELEASED: Massive Money Flowing Into GDX As Commercials Continue Covering Gold Shorts CLICK HERE.
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