Ray Dalio of Bridgewater via Quotefancy? + "Cash is trash" and investors should diversify and own gold as part of a diversified portfolio, world's largest hedge fund manager told CNBC (see news below) at Davos? + For the second time in as many weeks, the world's largest hedge fund, Bridgewater and its founder Dalio is encouraging investors to diversify into gold as a hedge? + The billionaire inv...Read More
By: Ira EpsteinGold bias up, a confused swingline. Gold technicals update:Read More
The buy-the-dips mentality has become so entrenched over the last few months that it's hard to imagine what could possibly derail the bull market. Wall Street feigned mild concern for a few hours over the spread of a deadly virus in China, but absent news that Americans are keeling over dead from it in their back yards, we can expect the broad averages to forge ever higher. The uptrend has bee...Read More
Low pig iron availability in the export market from the Commonwealth of Independent States (CIS) prevented prices from following the rapid drop in the scrap market, sources told Fastmarkets during the week ended Thursday January 23."I agree that normally pig iron follows the trend in the scrap market, but now the availability from the CIS is so low that this rule doesn't apply," one exporter said....Read More
The inter-merchant spot market for light iron scrap in the UK was steady in the week ended Friday January 24, but a drop in European export prices to traditional markets in Turkey and the Indian subcontinent may drag on British prices in the near term, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK, was ?95...Read More
Michael Pento joins Money Metals Exchange for a tremendous interview on a range of topics. Michael goes through his checklist of data points and the events that, once taken place, will fuel the next big rally in precious metals. He also talks about the key warning sign that we can be looking for that will indicate when the economic bubble to end all bubbles is about to burst. *The interview begins...Read More
For months the Fed's been preaching what needs to be done, but it's their actions that really count. They've tapered off activity a bit recently, while repos have slowed down, which may be sign that there's a movement to inject less money into thin air... but how has the market responded to these developments?Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling...Read More
Mohamed El-Erian, chief economic advisor at Allianz, joins "Squawk Box" to discuss what he's watching in the markets and why large amounts of financial liquidity lifting stocks to record highs cannot last forever. Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment...Read More
Erik Townsend and Patrick Ceresna welcome Russell Napier to MacroVoices. They discuss why we should expect a credit crisis, what will come out of MMT and helicopter money and how to prepare for runaway inflation and more.Topics:Why we should expect a credit crisisWhat countries will be affected by the systemic banking crisis and what are its potential risksWhat to expect for international capital...Read More
"Obviously, the Saints should not be in the business of assisting the Archdiocese, and the Saints' public relations team is not in the business of managing the public relations of criminals engaged in pedophilia,"Continue...Read More
"My daughter is getting out of school. I've saved all my money. She doesn't have any student loans. Am I going to get my money back?"Continue...Read More
For continued updates and comments go to: https://www.peakprosperity.com/corona...Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse an...Read More
While investors are focused on the coronavirus outbreak in China, Gregory says you should instead be focused on the price of crude oil."If they do not manage to turn crude around, this stock market is vulnerable to a BIG drop." Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader...Read More
You as an investor trying to mind your own business or build wealth or expand your portfolio may get caught in the crossfire of a financial war. So you have to take that into account in your portfolio allocations and risk management.Continue...Read More
Export prices of Brazil-origin slab remained unchanged in the week to Friday January 24, as deals were limited because most producers were sold out of March-shipment volumes.Fastmarkets' weekly price assessment for steel slab export, fob main port Brazil, stood at $430-450 per tonne on January 24, unchanged week on week.Brazilian steelmakers had already booked...Read More
The yield on the 10-year note has just seen its biggest one week move since November, falling from 1.83% to 1.68% in the past week. The falling yield may be a warning signal for the economy and markets.Continue...Read More
Reed's model predicts the number of infected people in Wuhan to be greater than 250 thousand (with an prediction interval, 164,602 to 351,396).Continue...Read More
One of the virologists who discovered SARS - which also originated from a coronavirus in China - paints a far more grim tale of the latest outbreak compared to what took place in 2003, according to Yahoo News. Continue...Read More
Indian domestic secondary billet prices have risen by 400 rupees ($6) per tonne in the week ended Friday January 24, on price rises announced by all the country's major iron ore miners.The price of steel billet, domestic, ex-works India, assessed by Fastmarkets on January 24, rose by 400 rupees per tonne to 30,100-30,300 rupees ($422-425) per tonne, compared with last week's assessment at 29,700-2...Read More
Bob's website: tradegeniusacademy.comRead More