Paul Singer Warns It Is A “Very Dangerous Time” For Stocks, Prefers Gold
by Tyler Durden
ZeroHedge.com
Sep 13, 2016
Having previously warned that “the ultimate breakdown from this environment is likely to be surprising, sudden, intense, and large,” Elliott Management’s Paul Singer slammed the “amazing arrogance” of policy-makers who have “created a tremendous increase in hidden risk, risk that investors don’t exactly know.” As CNBC notes, Singer issued cautionary words for the path ahead, “it’s a very dangerous time in the global economy and global financial markets,” adding that gold was “under-represented” in investors’ portfolios.
The Rest…HERE
