Soros cashed out his investment in Gold related. Jim is considering to reassess his short position in US stocks. They insist the world economy is in problem. However, never before all major central banks QEs are holding the markets or even create bigger bubble in years to come.
Personally, we feel that it is going to be low rate, low growth and mild inflation period for many years. But stocks and REITs will going up much more before a real fall. No one knows when it is going to come but I don’t think in between 1 to 3 years.