Gold Up 2.3%, Silver 5.3% In Week Gundlach, Gartman and Dalio Positive On Gold
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 arerising
‘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
Market Performance One Week (Finviz)
See below forBusiness Insider UK article on Gundlach, CNBC article on Gartman and Business Insider on Dalio’s views on gold
News andCommentary
Gold ends at 2-month high: Risk aversion is back on (MarketWatch.com)
Stocks Drop Most Since May, Bonds Rally on Tension (Bloomberg.com)
GUNDLACH: Gold’s chart has ‘one of the most bullish’ patterns around (BusinessInsider.com)
Dalio Recommends Gold as Hedge Against Rising Political Risk (Bloomberg.com)
‘Gold is about break out on the upside strongly,’ Dennis Gartman says (CNBC.com)
Everybody Needs To Put 5% to 10% of Their Money In Gold (BusinessInsider.com)
These 7 billionaires are worried about a stock-market correction (MarketWatch.com)
Sanctions will destroy the dollar (TheStreet.com)
Bitcoin Debate between Keiser and Schiff (Youtube.com)
Decade after financial crisis, World is still hooked on debt that caused it (Telegraph.co.uk)