Gold Up 2%, Silver 5% In Week – Gundlach, Gartman And Dalio Positive On Gold

By Mark O’Byrne – Re-Blogged From http://www.Gold-Eagle.com

– Gold is up 2.3% this week and silver has surged nearly 5.3% as stocks sell off on geopolitical risk
– Billionaire fund managers and commodities experts increasingly positive on gold
– Risks are rising, and everybody should put 5% to 10% of their assets in gold – Dalio
– Dalio’s Bridgewater, world’s largest hedge fund, warned clients that geopolitical risks are rising
– ‘Gold is about break out on the upside strongly’ – commodities expert Gartman
– Gartman believes right now investors should have 10% to 15% allocation to gold
– “The stock market looks a little vulnerable. The geopolitical circumstances are getting worse and worse” – Gartman
– Run up in gold prices is far from over due to economic risks – Gartman
– Gold’s chart has ‘one of the most bullish’ patterns – Billionaire bond guru Gundlach
– Gold up 6.3% and silver 8.2% in 30 days and look on verge of major move higher

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What If The Fed Lowers Instead Of Hiking Interest Rates!

By Gijsbert Groenewegen – Re-Blogged From http://www.Silver-Phoenix500.com

The Fed Will Have To Admit Defeat

If it’s not in May it will very likely be in June. When the Fed will finally be forced to be honest and admit that it is wrong on the economy and therefore will have to drop its tighter monetary policy with as consequence that precious metals assets will skyrocket. A U-Turn by the Fed changing their policy direction from tightening to easing will create a massive market shock. That day is rapidly approaching.

As Michael Belkin says “financial markets are a case of the blind leading the blind. The Fed keeps talking economic strength and has broadcast a series of interest rate hikes and even balance sheet reductions, those consensus trades have virtually all market participants incorrectly positioned.” This is in my point of view because almost everybody got drugged for the last 8 years and thus lost perspective of what is real and what isn’t.

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