Paul Tudor Jones Forecasts 12% Stock Slump and Recession, Advises Buying Gold and Bitcoin
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Paul Tudor Jones predicts a 12% stock market retreat ahead of a looming recession.
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He sees the current environment as threatening due to geopolitics, fiscal weakness, and Fed tightening.
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Jones recommends investing in gold and bitcoin over stocks currently.
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He sees $40 billion worth of buying needing to come into gold as a recession hits.
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Jones accurately predicted and profited from the 1987 stock market crash.