Paul Singer, the hedge-fund billionaire behind Elliot Management, warned last month that the ultimate path of global stock markets is a drop of at least 50% from February highs. What’s an investor to do in the face of that grim outlook? Buy gold.

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Author: Shawn Langlois

Source: Finance. Yahoo: The stock market may get cut in half, but this ‘most undervalued’ asset is about to surge, billionaire investor says

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