South Korea’s air force dropped eight MK 84 bombs near Seoul; simulating the destruction of North Korea’s leadership. $20 trillion U.S. debt ceiling storm looms
Gold set to shine as Washington stumbles. U.S. debt ceiling issue to be fractious as bankrupt U.S. approaches $20 trillion debt. Investors will again turn to gold in coming political strife...
‘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
