20 of 22 US Hedge Fund Managers Say They Bought Physical Gold For Personal Accounts
“Gold lures inflation wary hedge fund chiefs”, Reuters, July 30 (via Kirk)
“Gold lures inflation wary hedge fund chiefs”, Reuters, July 30 (via Kirk)
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Inflation expectations might also shift if the markets lose confidence in the state of the public finances. Washington is set to produce a deficit this year of $1,800bn (£1,237bn, €1,325bn). The cost of bailing out Wall Street runs to several…
I strongly suggest buying gold during this recent pullback if you haven’t already done so. – Graham Summers, “Gold: The Last Cheap Asset Class”, Seeking Alpha, April 8 Gold is still in a long term bull market and there was no…
The market is bifurcated into the mega cap tech stocks that have held up well so far – and thus propped up the indexes – and the smaller but still important stocks that have already suffered brutal bear markets. My…
If you look at the consumer price index, you would think that the cost of living is very low. Unfortunately, that is not the case. The cost of living for the average person is going up. – Sung Won Sohn, professor…
For many years, in its statement the Fed insisted that monetary policy was NOT on a preset course but would instead be data dependent. At the moment, however, monetary policy IS on a preset course. The Fed will raise 50…