Japanese Prime Minister Abe warned his G7 counterparts on Friday that the world may on the brink of a global financial crisis on the scale of Lehman Brothers ...
“This is just the beginning of a new bull market in the metals...” Ultimately, Boockvar believes that the 2011 highs of around $1,900 for gold are not only reachable, but surpassable, as he reasoned that bull markets historically exceed the previous bull market peak at some point.
These investors are forecasting doom and gloom in our future and envisioning a time of collapsing prices in the markets. They should not be ignored, nor should they be dismissed.
The mob actions and growing madness of the extreme left, instigated and in some cases funded (Ferguson, Missouri) by elitists like George Soros is going to force conservatives into a position of armed reaction. It is only a matter of time. And perhaps this is what the elites prefer — Americans fighting and killing other Americans while they sit back and enjoy the show. After all, the failure of America is a perfect justification for the greater influence of globalism to stem the tide of “nationalist fervor.” And in a totally globalized and collectivized world, conservatism has no place.
“With every investment we get richer or wiser, never both...”
Blackrock Inc., has written a note about gold in which it suggests that this is the “perfect time and place” for gold due to “low and even negative yields, slow growth and potential signs of rising inflation ... ”
This past Thursday marked the one-year anniversary of the US stock market’s death when stocks saw their last high. Market bulls have spent a year looking like the walking dead. They’ve tried to push back up to that distant high that means new life several times, but each time the market falls into a pit again to where the market is once again lower than it was a year ago. These are the last gasps of a stock market (and economy) that is struggling to rise again, which it simply cannot do now that QE has been turned off and the oxygen tank of zero interest is being slowly turned down.
Buy gold as it is an “extremely low-risk asset” is the advice of Professor Kenneth Rogoff to emerging market, creditor nation central banks including the People’s Bank of China (PBOC). “There is no limit to its price ...” he said ...
With high-yield bond funds suffering the largest redemptions in their history, this week saw gold fund flows soar to their highest in 2016 as buyers took advantage of the lower prices following the same path as George Soros, Stan Druckenmiller, Jana Partners, and Canada's financial giant CI Financial.
What remains to be answered definitively is whether or not George Soros and Open Society Foundations are funding a highly politicized opposition movement in order to weaken the democratically elected new Polish government despite an overwhelming and unprecedented popular mandate.
Sell paper and digital gold, maybe but not physical gold coins and bars. Rather both physical gold and silver bullion should be owned as financial insurance and hedges against currency debasement, bail ins, systemic and counter party risks and the myriad other risks today.
Buy gold and silver coins and bars for delivery and storage has advocated a leading financial adviser in Ireland. Eddie Hobbs has given advice to his clients and says that they should buy bullion in order to protect from the coming global financial crisis.
George Soros, who once called gold “the ultimate bubble,” has resumed buying the gold ETF and shares after a three-year hiatus. Soros issued very vocal warnings a year ago in May 2015, that we are on the “threshold of a Third World War” ...
"By some accounts the Fed is stuck in an adverse feedback loop. They want to raise interest rates so they can "reload" their policy ammunition, but the markets won't let them. The chart of the day illustrates this nightmarish merry-go-round: the Fed threatens to hike, markets tank, the Fed delays the hike, the market recovers and the cycle repeats."
Soros Makes Gold His Largest Holding As He Cuts Equity Exposure To Lowest Since 2013, Doubles S&P PutsSubmitted by Tyler Durden on 05/17/2016 07:14 -0400
One of the more closely watched 13F reports yesterday in addition to that of Warren Buffett was that of Soros Fund Management, the family office of George Soros, which revealed that while the 85 year old billionaire was not quite as bearish as his former chief strategist Stanley Druckenmiller, or Carl Icahn for that matter, had turned decidedly sour on overall equity exposure.