"Hedge funds lost 2.35% on average in October, according to Preqin's index, while investors withdrew $4.6 billion of hedge fund capital in the third quarter of this year. The hedge fund industry's performance turned negative for the year in October, down 0.8%."
"Signs are pointing to a possible resurgence for gold as investors think the end of the bull market is coming and all the major stock indexes enter corrections. Rattled by market volatility, investors may return to the classic bear-market investment."
When selling begets selling which forces more selling. As the markets decline, more and more brokerage houses are liquidating their customers' margin holdings, whether they like it or not.
All around the world, central banks rush in to dull the pain of the downside of free markets. "China’s falling stock market has prompted a flurry of activity to prop up prices. From delaying forced sales of pledged stock to turning on the credit engine again, authorities see the declines as emblematic of concerns over the economy."
The next credit crisis will start. A staggering 58% of all "investment-grade" bonds are rated BBB, one notch above junk. And when they get downgraded, funds who own them, but are not allowed to own junk, will all have to sell at the same time.
In this video, Mike explains why he is no longer buying these golden assets. Hint: It's not because he doesn't believe in them, it's another reason entirely. Watch to find out.
Stewart says that gold continues with solid price action, and now, it's trigger time for the gold stocks. Here's what else Stewart is looking at...
Bill says when the price suppression scheme fails, it's more likely to produce an explosion in price rather than a gradual rally. Here's why...
Your Trump tax cut isn't going to be quite as big as you might have thought.According to a report by the Wall Street Journal, a new inflation measurement included in the GOP plan and recently implemented by the IRS will cut into your tax cut savings in 2019.Ron Paul warned you about this during the debate over the tax cuts.
Venezuelans have turned to illegally mining gold just to survive.The Pemon people are native to the region containing Canaima National Park. If you saw the movie Up, you're familiar with this area. The 500 million-year-old pillars of erosion in the park inspired scenery in the movie. The park also contains world-famous Angel Falls. But with hyperinflation gripping the country and the bolivar virtually worthless, people in the area have turned to digging up football-size mines in search of fragments of gold.
Jim says we can be certain financial crisis is coming. Here's are the flash points Jim is watching, and why there may be no time to prepare later on...
Keith brings some cold hard truth as to what is money and what is not. Is money the irredeemable paper dollar? Bitcoin? Gold? Here's Keith to explain...
"For some investors, increasing exposure to gold has been a knee-jerk reaction to bouts of heightened financial market volatility. Franklin Equity Group’s Steve Land says there’s more to gold than that."
Typical. The MSM just can't resist an "attack one, attack three for free" deal. Here's the latest bashing on gold, John, Egon, and "conspiracy theories"...
"In this scenario, the marginal buyer of gold will not be the speculator. It will be the mainstream investor who is desperate to protect himself from a financial system going mad again..."
"The crash to come will focus therefore on the major names of corporate America, which have hollowed out their balance sheets to goose the prices of their management’s stock options. Its collapse will be uniquely painful. But that is only a just recompense for a decade of monetary policy that has been uniquely, criminally foolish."
"With no major move in interest rates and continued weakness in home affordability, there was not a lot of incentive for homebuyers to make a move last week, and there was even less for homeowners looking to save money on their mortgages."
"Expectations for rates to increase (relative to expectations that rates will fall going forward), have reached a historical threshold that has typically preceded a contrarian recessionary impulse."
"Homebuyers are cashing in. They’re winning price cuts of more than $100,000, on top of free upgrades such as media rooms, cabinets, and blinds."
"The daily average of $36.9 billion in bullion moving in and out of London’s over-the-counter market is just shy of the amount traded in New York, a new data release Tuesday shows."