Marc Faber has a slightly chilling interview atCNBCtoday. The publisher of the Gloom Boom and Doom report discusses why he's "ultra-bearish on everything" and is betting on precious metals for protection. He also predicts an epic stuggle between the U.S. and China that will only exacerba [ ...閱讀全文 ]
The reason behind the sharp sell off in silver is related to the Chicago Mercantile Exchange (CME or the Merc) margin requirements. Those margin requirements have been raised 4 times in the last 8 trading days, with the most recent coming last night.It certainly seems like the CME is deliberat [ ...閱讀全文 ]
We just read that the second-largest university investment fund here in the US is buying physical gold. The University of Texas, which is where I live, is putting aside $1B worth of gold in a New York vault. Some have called this move a tipping point for the precious metals market. [ ...閱讀全文 ]
Buffett Warns on DollarAvoid long-term bonds, as the dollars you are paid in may have reached par with toilet paper by that time. Mr. Buffett gave in New Dehli today. ViaBloomberg: I would recommend against buying long-term fixed-dollar investments. I would much rather own businesses . [ ...閱讀全文 ]