Druckenmiller's Views on Recession, A.I., and Gold
Stanley Druckenmiller, chairman and CEO of Duquesne Family Office LLC, owns gold and silver but doesn't have a lot of conviction behind the safe-haven investment. He sees potential for an economic hard landing in the US and expects further turmoil in the banking sector. On the other hand, Karen Karniol-Tambour, co-CIO at Bridgewater Associates, is bullish on gold, saying it's underrated and has a long way to run. She believes gold should do well as the global push to deleverage away from the US dollar remains a long-term support. The Sohn Conference has raised more than $700,000 for pediatric cancer research and the MSK Kids.