Raoul Pal: ‘You’ll Make Huge Amount Of Money’ From Emerging Markets (Pt. 1/2)
If Raoul Pal, CEO of Real Vision, had to choose one place to make a 5-year investment, it would be in emerging markets.
“Very simple asset allocation. I’d buy bonds in case this economic growth doesn’t appear because the virus goes on longer, the vaccine takes longer to roll out, and we’ve seen shut downs in Europe and I think we’re going to get them in the U.S. So buy bonds and buy emerging markets,” Pal told Kitco News. “If growth comes back, you’ll make a huge amount of money in emerging markets.”
More information about cryptocurrencies from Raoul Pal can be accessed at Real Vision Crypto: https://www.realvision.com/crypto
0:00 – Biggest macroeconomic themes
3:40 – U.S. dollar
7:38 – Domestic vs emerging markets
13:04 – Tech stocks valuations
15:50 – Asset allocation
Sponsored by: iTrust Capital, Cryptocurrencies, Gold and Silver in Your IRA and 401K: https://bit.ly/3fYzuDC
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