economicpolicyjournal.com / by Robert Wenzel / January 24, 2013
Ray Dalio, the billionaire money manager, who has $130 billion under management, appeared on CNBC this morning from the World Economic Forum in Davos, Switzerland.
His thinking about the markets is pretty much in line with the way I have been advising subscribers in the EPJ Daily Alert that I expect things to unfold. He expects money to move out of bonds and into equities, gold and other commodities. But what really caught my ear was his indication that he knows whales are in the gold market buying up gold.
