‘Cash Is Trash’ – Ray Dalio Explains Why You Must Own Gold in 2020
Ray Dalio says ‘cash is trash’ and advises investors to have a certain amount of gold in their portfolios.
Read articleRay Dalio says ‘cash is trash’ and advises investors to have a certain amount of gold in their portfolios.
Read articleBridgewater’s co-chief investment officer Greg Jensen told the Financial Times that gold prices could rally to $2,000 an ounce.
Read articleGold is now a major bullmarket as evidenced by its strong breakout from a giant 6-year long base pattern in August. The larger trend is up. We had thought that it might react back closer to the breakout point before turning higher again, but it didn’t, and started higher again in recent days over...
Read articleGold’s impressive advance in 2019 -- aided by trade war frictions, easier monetary policy across the world’s leading economies and sustained central-bank buying -- may be set to spill into the new decade.
Read articleMongolia's central bank announced on Tuesday that it has bought a total of 14.4 tons of gold from legal entities and individuals in the first 11 months of this year.
Read articleSlovakia’s former premier said parliament should force the central bank to bring back the nation’s gold stored in the U.K. as history has shown that allies “can hardly” be trusted.
Read articlePoland brought about 100 tons of gold home from the Bank of England in a bid to demonstrate the strength of nation’s $586 billion economy, central bank Governor Adam Glapinski said.
Read articleWhy are banks no longer lending to each other? Are they afraid that collapse is imminent somewhere in the system, as with the Lehman collapse in 2008?
Read articleGlobal bullion holdings continued to rise in the third quarter of this year, with net purchases up 12 percent compared to last year, according to World Gold Council data.
Read articleRay Dalio—founder of the world’s largest hedge fund—is sounding the alarm about the state of the global economy. In a blog post titled “The World Has Gone Mad and the System Is Broken,” he argues that zero interest rates, low returns, and growing economic inequality are setting the world up for s...
Read articleNearly 60% of the world's banks are likely to struggle in an economic downturn, McKinsey says.
Read articleAn article published by the De Nederlandsche Bank (DNB), or Dutch Central Bank, has shocked many with its claim that "if the system collapses, the gold stock can serve as a basis to build it up again. Gold bolsters confidence in the stability of the central bank's balance sheet and creates a sens...
Read articleChina has added more than 100 tons of gold to its reserves since it resumed buying in December, reinforcing its standing as one of the major official accumulators as central banks stock up on the precious metal.
Read articleChina’s net monthly gold imports via Hong Kong in August surged nearly 61%, after falling to their lowest in more than eight years in July, the Hong Kong Census and Statistics Department data showed on Thursday.
Read articleThe level of government debt around the world has ballooned since the financial crisis, reaching levels never seen before during peacetime.
Read articleTwo current and one former JPMorgan Chase & Co executives were charged over allegedly participating in market manipulation in the trade of precious metals including gold, silver, platinum and palladium between 2008 and 2016, the Department of Justice said on Monday.
Read articleThe ECB said it would cut its key interest rate by 0.1 percentage point, to minus 0.5%, and buy €20 billion ($22 billion) a month of eurozone debt starting in November, relaunching a so-called quantitative easing program that it only phased out in December.
Read articleChina has added almost 100 tons of gold to its reserves since it resumed buying in December, with the consistent run of accumulation coming amid a rally in prices and the drag of the trade war with Washington.
Read articleThis year is highly likely to be a year of changes for the investment gold market in Russia: the Ministry of Finance will assess the feasibility of VAT exemption on investment gold, the State Duma will consider a bill to allow citizens to purchase precious metals in individual investment accounts...
Read articleRussia’s gold reserves rose by 9 tons in July, increasing the value of the bullion holdings by 1.64% to a hefty $101.923 billion (€92 billion), as of August 1.
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