Counsel To Big Money Around The World Issues Dire Warning
KingWorldNews.com
Aug. 8, 2014
Today the man who counsels prominent hedge funds, investment banks, institutional money managers, mutual funds, pension funds, and high net worth individuals across the globe, told King World News that he believes we are facing a massive selloff where the global stock markets will get badly shaken. Michael Belkin, President of Belkin Limited, also warned that we are now witnessing the “biggest speculative bubble” of his entire career. Below is what Belkin had to say in this fascinating and timely interview.
Belkin: “I do a Google trend word search. It tells you the number of times people have looked for a term. And when you do that on the term ‘speculative bubble,’ it doesn’t even register. In July, zero. Hardly anything in the headlines of news stories (about this).
I consider this to be the biggest speculative bubble of my career, beyond 2000, beyond 2007 — this is the ‘everything bubble.’ Junk bonds, stocks, tech stocks, you name it. Everybody is in here for one reason and one reason only, because interest rates are at a low….
The Rest…HERE
