Sunday, October 20th, 2019 MST

Monthly Archives: June 2019

More recommendations to buy gold

After having said on TV that gold is “his favorite investment” over the next 12–24 months, Paul Tudor Jones bought $82 million in gold shares, as reported by Bloomberg.  Earlier in June, Jeffrey Gundlach, known as the “Bond King,” said, “I am certainly long gold.”  Gundlach sees a recession on the horizon, and he expects

Silver is cheap, dirt cheap

In this clip, billionaire investor Paul Tudor Jones talks about gold being the investment for the next 12 to 24 months. In fact, he states that gold “has everything going for it.”  A few days later, Bloomberg reported that Tudor pulled the trigger on an $82 million purchase of gold-related shares.

Europe’s woes put pressure on gold

Because of Germany’s weakening export driven economy and because German bonds are preferred by the European Central Bank, yields on the country’s 10-year bonds are negative.  Consequently, European bond investors, primarily made up of  banks and insurers that depend on income, have turned to US Treasuries.  Upward pressure on the dollar means downward pressure on

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