Markets finally correcting, put your shorts on!
This website has been talking about a correction since August and was in danger of becoming a broken record until last week’s sell-down.
Actually my August…
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Peter Schiff issues red warning on the US dollar
Peter Schiff is sticking his neck out here. If nothing else it ought to make anybody thinking of selling gold and silver to think again. Mr. Schiff is probably right long-term but in the…
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On the 80th anniversary of the Great Crash of 1929…
Dubai real estate crash also slows Abu Dhabi down
The latest forecast for housing completions in Abu Dhabi over the next four years is down to 45,000 units as the impact of the real estate crash in Dubai is felt on its neighbor.
That…
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Short ETFs jump as global stock markets fall
Short ETFs put in a powerful performance yesterday as global stock markets tanked in advance of the 80th anniversary of the Wall Street Crash and Q3 US GDP data.
The three top performing short ETFs…
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Jim Sinclair updates his apocalypse for the dollar
October 30th the Fed is planning to curtail QE regarding Treasury auctions.
November 4th is the FOMC meeting most likely to contain discussions of timing for the exit from economic stimulation.
November 7th is the…
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Dubai official statistics clearly in need of revision
It was hard not to miss this headline today in Gulf News: ‘Dubai’s GDP rises 0.3% in first quarter despite the global downturn’ according to figures released by the Dubai Statistics Centre.
Lest we forget…
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Investor dilemma points to an inflection point
Perhaps you are a high net worth investor yourself or an institution looking after billions from Arabia. The dilemma is the same. There just do not seem to be any attractive investment opportunities at the…
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Marc Faber on the US dollar and inflation
Dr. Marc Faber thinks the US dollar will eventually be worthless but he sees a rebound in the short-term as the dollar is oversold. He is also on the record as thinking the stock…
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All asset classes falling, hide in cash or go short?
A funny thing happened on the way to the forum. Yesterday all asset classes headed lower. US stocks sold off, particularly smaller scripts. Bond prices dropped as a record bond sale came up. Gold and…
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