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U.S. economy is "accident waiting to happen"; This is the only "bubble-free zone" - Sean Fieler

Kitco News

(Kitco News) - The U.S. equity markets are over-stretched in valuations, but one sector remains "bubble-free."

Sean Fieler, CIO of Equinox Partners.

"This is very much a bubble-free environment at the Beaver Creek Precious Metals conference," Fieler told David Lin, anchor for Kitco News. "The GDXJ is down 20% year-to-date. The S&P's up 20% year-to-date, and you have a macroeconomic backdrop with 5% inflation, QE, $3 trillion deficit, this should be a perfect setup for gold."

For more information on the how the economy is an "accident waiting to happen," watch the video above. Follow David Lin on Twitter: @davidlin_TV.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.