‘The Donald’ has been White House-broken,” was what we were trying to say, translating the phrase into something that may make sense to a French listener.
Gold up over 100% in major currencies since financial crisis (must see table & charts). Gold up 100% in dollars, 124% in euros and surged 200% in sterling. Gold has outperformed most assets in the period
Buffett's failure to appreciate gold’s importance as a diversification in a portfolio, in contrast to his father, will not be judged kindly in financial history.
Gold and silver rise as stocks fall sharply after Barcelona attack. Gold, silver 0.6% higher in week after last weeks 2%, 5% rise. Palladium at 16 year highs (see chart); gold, silver in coming months?
“If you don’t have 5-10% of your assets in gold as a hedge, we’d suggest that you relook at this... if you do have an excellent analysis of why you shouldn’t have such an allocation to gold, we’d appreciate you sharing it with us..."
Billionaire fund managers and commodities experts increasingly positive on gold Risks are rising, and "everybody should put 5% to 10% of their assets in gold" said Dalio
Trump threatened North Korea with ‘fire and fury like the world has never seen.’ Heated rhetoric likely to support gold for rest of the week. Situation adds to uncertainty in an already uncertain world
This goes well beyond normal fluctuations in mining companies production figures during different quarterly reporting periods. The company with the least percentage decline in silver production still suffered a 20% reduction of mine supply in the second quarter.
