from King World News
Top Advisor to the largest sovereign wealth funds and institutions in the world, Michael Belkin, warns gold price to surge far higher than most people can imagine.
“Gold stocks are probably only in the first inning of an extended move higher. This is just the first stage of a bull market that should carry gold and gold stocks far higher than most people can imagine.” — Michael Belkin
With continued large commercial short interest in the gold and silver markets, it is interesting to note that longer-term sentiment in both gold and silver remains extremely bearish. Today the number of gold bulls are precisely equal to what they were at the bottom of the 2008 collapse lows, when gold was only trading at roughly $700.