Investors are Dumping their Dollars.
Analyst/trader Gregory Mannarino says, “Gold has just hit a high for the year, and that is also a trajectory that will continue. Why will this keep going? Investors don’t want anything to do with the dollar. They are dumping their dollars here. We are going to get, at some point, a massive sell-off in the bond market.
Listen to former Fed Head Alan Greenspan. This is what he says, and he thinks the bond market is in a bubble. . . . Greenspan also said the potential for a rapid sell-off in the bond market is very, very high,” Mannarino contends a rapid sell-off in bonds “will be very good for gold.” Mannarino also likes physical silver and thinks, “It’s still the most under-valued asset on the planet.”