European stocks dropped this morning as concerns grow over Greece's struggle to form a new government, and the French election results create uncertainty.
Threadneedle's Jim Cielinski said investors concerned about a jump in government bond yields should instead prepare themselves for a long period of financial repression.
Commodities investor Jim Rogers is poised to add to his gold position as he anticipates a potential systemic shock, such as eurozone bankruptcy or further Indian tax hikes, may lead to further weakness in the spot price.