Friday, August 16th, 2019 MST

Category: Monetary Crisis

World economy slowing

By many measures, the world’s economy is slowing, and some CBs — namely New Zealand, India, Malaysia, and the Philippines — have already lowered rates.  Australia lowered June 4, the largest developed country to cut rates this year.  In May, China lowered reserve requirements for small- and medium-sized banks, which pushed interest rates there to

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

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