Loading ...Etai Friedman says he has never seen a bigger green light in his life. It is literally the most obvious trade on the planet. The trade is so good that Etai just rebalanced his portfolio from a very small gold and silver allocation to 75%! And he’s not done yet. He expects to go 100% towards precious metals within the next couple months.
Etai believes that only 2 or 3 things will hold their value in the coming crash.. gold, silver and maybe bitcoin. Gold and silver will explode in anticipation of all the money printing that is in the works.
The monetary easing is spilling into the US, and is taking down the 10 and 30 year treasuries, as well as the long-term interest rates. Every central bank is telegraphing us that they have the intention of debasing their currency in the hopes of spurring economic growth by fostering debt creation. That scenario has played out many times in the last 25 years, and it’s not going to work this time. Etai sees a collapse in the world economy and consequent money printing that will go into overdrive resulting in high rates of inflation within the next 5 years.
cont. http://www.mining.com/web/etai-friedman-fund-manager-goes-precious-metals-obvious-trade-planet/