How are the bond markets and precious metals linked?
Recent rather extreme forecasts for the future of precious metal prices rely on a bond market crisis to produce an exit to gold and silver as the ultimate in safe currencies (click here). But…
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June 13th a date with destiny for market cycle theorists
Will global stock markets or commodities crash on June 13th? It is a question being seriously asked by chartists around the world and followers of the eccentric economist Martin Armstrong whose 8.6-year business cycle points…
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US stocks close lower for fourth week, calm before a storm?
Global stocks drifted lower again last week with US stocks down for a fourth week, the longest losing streak in 15 months. Financial markets digested further disappointing news on the US economy and seemed unsure…
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Bill Gross sees better value in German and Canadian bonds
‘Bond king’ Bill Gross explains why he is negative about US bonds and can see better value in Germany and Canada in this Bloomberg interview:
‘What we are trying to do is find some countries…
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How gold could reach $13,644 an ounce and silver $853
Doyen of the gold bugs Jim Sinclair has set readers of his popular website a challenge to come up with the price per ounce that gold will reach if the precious metal is fully monetized.…
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Is Dubai property really showing signs of recovery?
One swallow does not make a summer and the same might be said for a Dubai real estate recovery. There have been some good signs recently, namely a fall in mortgage rates, a stabilization of…
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Oppenheimer says Goldman Sachs, Morgan Stanley manipulating oil market
Oppenheimer’s Fadel Gheit appeared on Bloomberg Television with Margaret Brennan yesterday to discuss the oil and gas market, and said Goldman Sachs and Morgan Stanley are manipulating the oil market and that it is ‘a shame…
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UK entrepreneurs visit Dubai looking for Arabian angel investors
Seven British companies looking for early stage or ‘angel’ investors presented their business plans to an audience of local investors last night at the Ritz-Carlton in the Dubai International Financial Centre, the first such event…
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UAE stocks not discounting oil at $130 next year
UAE stockmarkets are heading into the summer doldrums with a vengeance and are now almost back to the levels of last summer. Even the promise of oil at $130 as soon as next year from…
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Jim Chanos thinks he may not be bearish enough on Chinese real estate
If Bill Gross is the ‘Bond King’ then Jim Chanos is the ‘Short King’ and best known for a fortune made shorting subprime loans. He is now shorting China very aggressively and has been doing…
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