We may begin to see hoarding develop in select commodities, similar to 2008-2009, against a backdrop of capitalism “laying in its death bed”—a result of on-going monetary stimulus.
Rick views this period as a reflection of the four times during his career that he’s seen absolute capitulation, which is setting the stage for a “spectacular recovery”.
n the most recent 13-f filing on November 14th, the Soros fund increased its position in gold via the GLD fund from 884,400 shares, to 1.3+ million shares.
