Ray Dalio's sounding bullish, telling CNBC 2013 is likely to be a transition year, with cash...

|By:, SA News Editor

Ray Dalio's sounding bullish, telling CNBC 2013 is likely to be a transition year, with cash moving to "stuff" like goods, services, and financial assets (this is new?). Look for the Fed to "tilt" later in the year, i.e., get hawkish. He remains bullish on gold, saying large buyers like to accumulate it slowly over time.