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Stocks will collapse, Gold will surge

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Felix Zulauf, a Swiss hedge fund manager, is out with another bearish forecast for stocks, bonds and currencies. Zulauf says the 30-year bull cycle in Treasury bonds has ended, and that gold prices will soon surge again.

I think we first see, over the next couple of years, the transfer of government debt from private balance sheets to central bank balance sheets. I do believe the 30 year bull market in government bonds is over. I mentioned in the media (Barron's) Roundtable that one should be selling half of what he owns, and should sell the other half in September at the latest.

I think the whole game is over ...

(Read the full story on Business Insider)

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