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 | Mish - Global Economic Analysis |
| Billionaire Ray Dalio Calls For "Minor Correction": HODL Equities |
| Billionaire Ray Dalio, who founded the world’s largest hedge fund at Bridgewater Associates, sees a "minor correction".
Bid Declines Minor Corrections
In a LinkedIn article, Ray Dalio at Bridgewater Associates says We’ve Just Had a Taste of What the Tightening Will Be Like.
The headline sounds bearish but the message sure isn't as the key paragraph explains.
Still, these big declines are just minor corrections in the scope of things (see charts of stocks and bonds below), there is a lot of caWednesday, February 7, 2018 |
|
 | Adam Hamilton - Zealllc |
| Radical Gold Underinvestment 4 |
| Global investors are radically underinvested in gold today. Years
of relentless stock-market rallying to endless new record highs have
left this classic alternative investment deeply out of favor. But
this gold-demand ebb is ending. The same central banks that fueled
these extreme stock markets through epic easing are reversing to
massive and unprecedented tightening. As stocks roll over, gold
investment will return.
Gold
is a unique asset class established oveFriday, February 2, 2018 |
|
 | Wolf Richter |
| What Does it Mean, Saving Rate drops to 12-Year Low when 50 of Americans Don’t Have Savings |
| Or what the averages are hiding.
We will start with income and see what’s left over, and for whom.
Personal income increased by 4.1% in December from a year earlier, the Bureau of Economic Analysis reported today. This includes all income received by all persons from all sources, such as from labor, financial assets (dividends and interest income but not capital gains), business activities, homeownership (rentals), government transfers, etc.
“Real” personal income — adjusted for inflation via “cWednesday, January 31, 2018 |
|
 | Mark O'Byrne - gold.ie |
Davos – My Personal Experience of the $100,000 Event, $60 Burgers, Massive Inequality and the Blockchain Revolution  |
| – Davos elite hear warnings of complacency akin to 2007 as economic risks grow
– Toxic mix of infallible belief, arrogance, megalomania and economic ignorance
– Some express concern economies are vulnerable due to imbalances, trade, geo-political tensions– Soros: Trump creating ‘mafia state’ & ‘set on a course towards nuclear war’ with N Korea– Bond bear market, rising interest rates and massive $233 trillion debt are some of the many threats to global stability
– Davos theme explores massive inFriday, January 26, 2018 |
|
| Mish - Global Economic Analysis |
| Taunts From Bulls Come In: "Stupid to Hold Cash" |
| Bridgewater’s Ray Dalio says investors in cash are going to feel pretty stupid.
Speaking at Davos, the head of world’s largest hedge fund says ‘If You’re Holding Cash, You’re Going to Feel Pretty Stupid’.
“We are in this Goldilocks period right now. Inflation isn’t a problem. Growth is good, everything is pretty good with a big jolt of stimulation coming from changes in tax laws,” Dalio said, referring to the health of the U.S. market as well as what he sees as an improving global economic climTuesday, January 23, 2018 |
|
 | Jan Skoyles - GoldCore |
| Gold Versus Bitcoin: The Pro-Gold Argument Takes Shape |
| – Gold versus Bitcoin: The pro-gold argument takes shape
– Why cryptocurrencies will not replace gold as a store of value
– Similarities between crypto and gold but that does not make them substitutes
– Gold remains a highly liquid market, cryptocurrencies continue to be fragmented and difficult to spend
– Bitcoin does not make it an effective hedge against stocks
This weekend saw bitcoin shoot up over $8,000 and Bloomberg covered how some preppers were turning to bitcoin over gold. Does this mTuesday, November 21, 2017 |
|
 | Theodore Butler - Butler Research |
| Thoughtful Disagreement |
| I caught a good interview by Charlie Rose on Bloomberg TV the other night of Ray Dalio, founder and head of Bridgewater Associates, the world’s largest hedge fund with some $150 billion in assets under management. Dalio has been making the rounds recently in promoting his new book, “Principles”, in which he lays out his beliefs for the investment business and the business of life. Now in book form, Dalio previously offered his work for free and which was downloaded more than three million times.Monday, October 2, 2017 |
|
 | Axel Merk - Merk Fund |
| Ray Dalio's Principles: A Radically Truthful Review |
| Axel Merk, Merk Investments
September 27, 2017
Follow @AxelMerk Tweet
Spending $26.95 to pick Ray Dalio’s brain for over 16 hours listening to the audiobook appears fantastic value to me. The thought crossed my mind to offer Mr. Dalio a charity donation in his name if he gave me tWednesday, September 27, 2017 |
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| Jan Skoyles - GoldCore |
| Bitcoin “Is A Bubble” but Gold Is Money Says World’s Biggest Hedge Fund Manager |
| – Bitcoin “is a bubble” but gold is money says world’s biggest hedge fund manager
– Gold is a better “store of value,” Ray Dalio of $160 billion Bridgewater tells CNBC
– Bitcoin has climbed over 300% this year on speculation and expectation that it will continue to climb
– Bitcoin is not a valid currency due to volatility and lack of spending ability says Dalio
– Bitcoin is ‘worse than tulip bulbs’ says JP Morgan’s CEO Dimon
– Crypto buyers need to be concerned with government regulations
The Sunday, September 24, 2017 |
|
| Graham Summer - Gains Pains & Capital |
| U.S. Treasury Secretary: I Assume Fort Knox Gold Is Still There |
| U.S. Treasury Secretary: I Assume Fort Knox Gold Is Still There
US Treasury Secretary Steve Mnuchin visits Fort Knox Gold
Later tweeted ‘Glad gold is safe!’
Only the third Treasury Secretary to visit the fortified vault, last visit was 1948
Last Congressional visit was 1974
Speculation over existence of gold in Fort Knox is rife
Concerns over Federal Reserves lack of interest in carrying to an audit on gold
Gold was last counted in 1953, nine years before Mnuchin was born
Mnuchin may be lookingTuesday, August 22, 2017 |
|
 | Egon von Greyerz - Matterhorn AM |
| RISK ON: WAR, ECONOMY, DEBT, DOLLAR – RISK OFF: GOLD |
| Totally irresponsible policies by Governments and Central Banks have created the most dangerous situation that the world has ever experienced. Risk doesn’t arise quickly as the result of a single action or event. No, risk of the magnitude that the world is experiencing today is the result of many years or decades of economic mismanagement.
Cycles are normal in nature and in the world economy. And cycles that are the result of the laws of nature normally play out in an orderly fashion without extSaturday, August 19, 2017 |
|
| Mark O'Byrne - gold.ie |
| World’s Largest Hedge Fund Bridgewater Buys $68 Million of Gold ETF In Q2 |
| – World’s largest hedge fund Bridgewater buys $68 million of gold ETF in Q2
– Investors poured $870 million into SPDR Gold in Q2
– Billionaire Paulson keeps 4.36 million shares in SPDR Gold
– “Risks are now rising and do not appear appropriately priced in” – warns Dalio on Linkedin
– Investors should avoid ETFs and paper gold and own physical gold
– Given negative interest rates, companies should consider allocating some of corporate deposits to physical gold as done by Munich Re
From BloombergWednesday, August 16, 2017 |
|
| Bullion Vault |
| Gold Prices Drop $10 ... |
| GOLD PRICES slipped $10 per ounce from last week's 2-month highs on Monday morning in London as the US Dollar rallied and global stock markets rose on what analysts and pundits called a retreat in nuclear tensions between the US and North Korea,
writes Steffen Grosshauser at BullionVault.
Crypto-currency Bitcoin meantime spiked to new all-time record highs above $4000,
doubling inside 1 month after dropping by one-thirdMonday, August 14, 2017 |
|
| Mark O'Byrne - gold.ie |
| Gold Up 2, Silver 5 In Week – Gundlach, Gartman and Dalio Positive On Gold |
| Gold Up 2.3%, Silver 5.3% In Week – Gundlach, Gartman and Dalio Positive On Gold
– Gold is up 2.3% this week and silver has surged nearly 5.3% as stocks sell off on geopolitical risk
– 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 – Dalio
– Dalio’s Bridgewater, world’s largest hedge fund, warned clients that geopolitical risks are rising
– ‘Gold is about break out on the upside strongFriday, August 11, 2017 |
|
 | Ronan Manly - Bullion Star |
| Are the World’s Billionaire Investors Actually Buying Gold |
| Infographic website Visual Capitalist recently published an eye-catching infographic on behalf of Sprott Physical Bullion Trusts which featured 4 well-known billionaire investors and their supposed investments in gold. The infographic is titled “Why the World’s Billionaire Investors Buy Precious Metals” and can be seen here.
The 4 investors profiled in the infographic are:
Jacob Rothschild (Lord), chairman of London-based investment trust RIT Capital Partners Plc
David Einhorn, president of ManSunday, June 25, 2017 |
|
| Mark O'Byrne - gold.ie |
| Gold Is Undervalued – Leading Money Managers |
| Gold is undervalued according to a record number of fund managers
Last time gold was considered undervalued, the price surged
BAML surveyed 175 money managers with $543 billion in assets under management
34% of investors believe protectionism is the biggest threat to markets
Gold viewed as the best protectionist investment by a third of investors
Gold in USD – 10 Years (GoldCore)
For the third time in a decade fund managers surveyed by Bank of America Merrill Lynch (BAML) believe that gold is uThursday, February 16, 2017 |
|
 | Przemyslaw Radomski CFA - SunshineProfits |
| Great Rotation and Gold |
| The performance of gold in 2017 depends largely on whether the Trump’s presidency will lead to lasting shift in the markets. What changes do we mean? Some analysts mention the reflation, others point out the ‘risk on’ sentiment and the ‘great rotation’ out of bonds and into stocks. Ray Dalio, the founder and chairman of Bridgewater, claims that the Trump’s victory was a turning point ending the period characterized by increasing globalization, free trade, and global connectedness; relatively innFriday, January 20, 2017 |
|
| Ronan Manly - Bullion Star |
| COMEX and ICE Gold Vault Reports both Overstate Eligible Gold Inventory |
| Introduction
In the world of gold market reportage, much is written about gold futures prices, with the vast majority of reporting concentrating on the CME’s COMEX contracts. Indeed, when it comes to COMEX gold, a veritable cottage industry of websites and commentators makes its bread and butter commentating on COMEX gold price gyrations and the scraps of news connected to the COMEX. The reason for the commentators’ COMEX fixation is admittedly because that’s where the trading volume is. But sucSaturday, December 24, 2016 |
|
| Graham Summer - Gains Pains & Capital |
| Dear Gold Bugs, Grow Up: The 1970's are Back |
| The Inflationary Path Forward
by Soren K- When inflation really kicks in: Real estate will not save you, stocks will not save you, Bonds will kill you. Only monetizable dollar denominated assets will save you. Stocks will have already discounted inflation and go sideways to lower in the next 3 years. In a higher rate environment, how can they institute stock buy-back programs?
Crazy as it seems, Trump will likely preside over QE4 and higher rates. Sterilized printing (QE) and rolling out our deMonday, December 19, 2016 |
|
| Mish - Global Economic Analysis |
| Dallas on Verge of Bankruptcy Due to Pensions; Just a Matter of Time (For Dallas, Houston, LA, Oakland, Chicago, etc) |
| Dallas is on the verge of bankruptcy due to untenable pension problems.
The Dallas police and fire plan is only 45% funded. Lump sum withdrawals have escalated, and it’s only a matter of time before such withdrawals are halted.
The fund needs a billion dollars in funding this year, the equivalent of the entire city budget, just to keep up with outflows.
Bankruptcy is inevitable. No one should be surprised.
Please consider Dallas Stares Down a Texas-Size Threat of Bankruptcy.
Picture the next Wednesday, November 23, 2016 |
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