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Are the tides turning in the markets?
Volatility has reared it’s ugly head in the stock market. As the Federal Reserve unwinds it’s balance sheet and raises interest rates it could lead to to even more volatility.
Jim Rickards is lawyer, economist, and investment banker. He is saying a new Bull market in gold has begun. He thinks we will see 700% gains or more in gold in the coming years. Mr Rickards deserves credit for calling the 2008 crash and trying to warn us.
It’s time to take some profits out of the market.