With Wall Street off to its worse start ever in 2016, today a top advisor to the most prominent sovereign wealth funds, hedge funds, and institutional funds in the world, told King World News that gold and gold stocks are going to shock investors with huge gains in 2016.
Wall Street Has Worst Start Ever In 2016
Michael Belkin: “In 2016 the indexes have started down with a vengeance. We’ve entered an extended bear market. Unfortunately, Eric, I think most people are shell-shocked and kind of caught in a torture chamber in the investment world.
They’ve been drinking Yellen’s Kool-Aid for too long and they think the stock market only goes up and you’ve got to be invested on the long side in stocks. I really dont think that’s where the opportunity is in the overall market.
I do think that in the gold share sector, which is up very sharply this week, that we are seeing the beginning of a major, extended move higher. Gold and gold stocks are poised to do the opposite of what the stock market is doing. (The opportunity in gold is discussed in the audio interview). ***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 2016, and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***ALSO JUST RELEASED: Man Who Advises Top Sovereign Wealth Funds In The World Discusses Carnage In Stocks And The Opportunity In Gold CLICK HERE.
© 2015 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. However, linking directly to the articles is permitted and encouraged.