Ray Dalio Warns A “New Paradigm” Is Coming: “Buy Gold, Sell Stocks”

PIMCO: "Currency Cold War" May See Gold Soar Higher

] Ray Dalio the American billionaire investor, hedge fund manager, and founder of investment firm Bridgewater Associates, one of the world’s largest hedge funds believes that it is “both risk-reducing and return-enhancing to consider adding gold to one’s portfolio.” In an article written in LinkedIn today, Dalio highlights the following 4 key developments that are … Read more

Silver Gains 1.8% To $17.36 As Stocks Sell Off On Trade Wars, Argentina and Hong Kong Risks

Silver Gains 1.8% To $17.36 As Stocks Sell Off On Trade Wars, Argentina and Hong Kong Risks

] * Major stock markets globally fell for a third straight day today * Fears about a deepening and global trade war, protests in Hong Kong and a crash in Argentina’s peso currency led to safe haven demand for bonds, gold and silver * Silver went above a 1 and half year high climbing 1.8% … Read more

Gold Falls 3% In Week to One-Month Low At $1,464/oz As Banks and Hedge Funds Sell COMEX Futures Aggressively

Gold Falls 3% In Week to One-Month Low At $1,464/oz As Banks and Hedge Funds Sell COMEX Futures Aggressively

Gold Falls 3% In Week ◆ Gold is down 3% this week on concentrated selling of gold futures on the COMEX in New York. ◆ Stocks in Asia fell and European indices were mixed today due to conflicting signals between China and the U.S. regarding progress in resolving the trade war which is damaging global … Read more