The Boom-Bust Cycle Is Not Dead, And Gold Above $2
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Posted On: 02/07/2020 4:49:21 PM
The Boom-Bust Cycle Is Not Dead, And Gold Above $2,000 Will Prove It
My thought, it will take a while, but government unions are bankrupting the country, Illinois and Cal are just the tip of the chitberg. Inflation will precede the reset into a NWO.
Summary
Greg Jensen, CIO of Bridgewater Associates, believes the Fed will let inflation run hot, the dollar could lose its reserve currency status, and gold could move above $2,000.
Bob Prince, his co-CIO, believes the opposite, namely that high inflation will never be a problem again, and the boom-bust cycle as we know it is dead.
The confusion at the top of the world's biggest hedge fund suggests a dash out of equities by hedge funds is likely once the credit cycle does finally turn.
Investors should increase gold positions and watch IMF dollar figures held in reserve internationally to track whether Jensen is right and the dollar is indeed losing its reserve currency status.
Once credit flows start to dry up, gold should head higher much faster, the dollar index should fall, and confused hedge funds could trigger a selling panic in equities.
Story>>>>>
https://seekingalpha.com/article/4321798-boom...nt=link-15
My thought, it will take a while, but government unions are bankrupting the country, Illinois and Cal are just the tip of the chitberg. Inflation will precede the reset into a NWO.
Summary
Greg Jensen, CIO of Bridgewater Associates, believes the Fed will let inflation run hot, the dollar could lose its reserve currency status, and gold could move above $2,000.
Bob Prince, his co-CIO, believes the opposite, namely that high inflation will never be a problem again, and the boom-bust cycle as we know it is dead.
The confusion at the top of the world's biggest hedge fund suggests a dash out of equities by hedge funds is likely once the credit cycle does finally turn.
Investors should increase gold positions and watch IMF dollar figures held in reserve internationally to track whether Jensen is right and the dollar is indeed losing its reserve currency status.
Once credit flows start to dry up, gold should head higher much faster, the dollar index should fall, and confused hedge funds could trigger a selling panic in equities.
Story>>>>>
https://seekingalpha.com/article/4321798-boom...nt=link-15
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