No. of Recommendations: 5
seeing some investors also read 'atheist' and shred'm has no Gold\PM board, i imagine most see gold as warren does.
(basically if you are ever in a situation where gold becomes your black swan rescue asset, you will have much bigger things to worry about)
historically, stan druckenmiller also has not been a gold bug.
some may be piqued in that he sees Gold as a hedge against a trump election win.
...[druckenmiller] expects inflation to flare up if and when Trump gets elected: “We’ve got from US$800 million in the Fed balance sheet to US$9 trillion, and if Donald Trump’s elected, trust me, it’s going to up a lot more in the next term… Trump is a big spender. He doesn’t believe in the Federal Reserves. And we go back to the Arthur Burns model times two. We have fiscal recklessness without abandon, just like he runs his business. And on top of that, he puts a puppet in the Federal Reserve. Under that model, you have to be open-minded to 8-10% inflation rate take-off like it did in the 1970s”
there is an excellent broader summary on asiancenturystocks.com for any interested.
