Time To Position In Gold Is Right Now says James Rickards
Wednesday, July 19, 2017 at 07:18PM
Gold Prices



 

– “Time to position in gold is right now” – James Rickards

– Fed has hit the ‘pause’ button; No more rate hikes for foreseeable future

– Fed’s theories “bear no relation to reality” and has “blundered by raising rates”

– Growth is weak, inflation is weak, retail sales and real incomes are weak

– Tight money, weak economy & stock bubble classic recipe for market crash

– Reduce allocations to stocks and reallocate to defensive assets such as gold

– “Gold will be the big winner when the Fed suddenly realizes its blunder”

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 rate hikes are now in doubt so gold should now gain some traction.

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