With the price of gold surging nearly $20 and continued uncertainty in global markets, 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.
Within one hour KWN will release a more extensive portion of this interview, but for now here is a quick snippet:
Michael Belkin: “Everything Yellen has said is wrong. The US economy is not recovering and US short-term interest rates aren’t going to rise. This reality demolishes the argument for being long the dollar vs. Japanese yen and euro. The dollar index (DXY) should weaken in the fourth quarter. A weaker dollar should unleash gold! While the GDX gold (mining) stock ETF was down -23% in Q3, many gold stocks on our long list were up. Gold stocks are a depressed asset after a four year bear market. Gold is monetary kryptonite to Yellen’s superpowers. Gold (and gold) stocks should have a big rally in the fourth quarter of this year.” ***KWN has now released the incredible audio interview with Michael Belkin, the man who advises the most prominent sovereign wealth funds, hedge funds, and institutional funds in the world. Belkin covers the historic rally he expects in gold and the mining shares as well as what he expects to see in global markets for the rest of 2015, and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***ALSO JUST RELEASED: Richard Russell: WARNING – People Need To Be Prepared For Some Shockingly Negative News CLICK HERE.
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