Gerald Celente & Louis Navellier
Louis Navellier manages over $8 billion in bonds and equities; he recently turned bullish on the precious metals, adding a new fund to the repertoire: Navellier Gold. He expects corporate earnings to improve all year causing discouraged bond holders to redirect capital into equities. Stock investors are cautioned to avoid overheated sectors, focusing instead on industries with the strongest fundamental scores.Gerald Celente thinks Fed tapering is merely a ploy to distract the masses, a new round of economic stimulus, i.e. quantitative easing will be the impetus sending the precious metals higher. Gold should be over $2,000 when inflation is included. As interest rates continue to climb, currencies will implode forcing investors into the safe haven investment class.
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