Legendary billionaire investor Stanley Druckenmiller told Sohn Investment Conference attendees to sell their equity holdings Wednesday.
"The conference wants a specific recommendation from me. I guess 'Get out of the stock market' isn't clear enough," said Druckenmiller from the conference stage in New York. Gold "remains our largest currency allocation."
The billionaire investor expresse... read more
On the heels of the U.S. Dollar Index rallying more than a point off the lows, today one of the great short sellers in the business warned that the bear market rally in stocks is over and when gold breaks $1,300 we may see a serious upside acceleration.
– There’s no need to review what happened while I was away because that is all old news. It would now appear that yesterday’s rally i... read more
Late last year, Richard Russell made one of his last and most amazing predictions ever. Below is what the Godfather of newsletter writers had to say.
– From legendary Richard Russell: “Americans are scared to death and befuddled by the news of the day. They are well aware that their own lives and jobs have little to do with the nonsense that the Fed and the government is shoveling o... read more
It has been a few years since J.P. Morgan's commodity head Blythe Masters was 'let go' from the bank in 2014, only to resurface as the head of a new digital finance company focused on Blockchain technology. And while there have been many startups around the world creating their own blockchain innovations, many of which are centered around Bitcoin and other crypto-currencies, one has to won... read more
The pension crisis set in motion by negative interest rates will be a major issue in the years ahead. Central banks have really screwed the entire social system and now everyone’s future is at risk. You cannot maintain negative to exceptionally low interest rates to help the bankers and claim it will ignite inflation and reverse the economy when you are wiping out the disposable income of the... read more
With stocks tumbling, today a market veteran warned that when the global Ponzi scheme is exposed, there is going to be a massive panic.
John Embry: “Right now I’m focused on the desperation of the anti-gold cartel, which is intensifying as gold and silver have recently marched higher in the face of massive shorting by the usual suspects — i.e. the bullion banks. In the last few days... read more
On virtually every alternative news site you visit these days—and many mainstream sites as well—you will find predictions of economic collapse and coming calamity. The bizarre thing is not that these articles exist, but rather that we have somehow adapted to them and taken them in stride. In this essay, I have set out to determine how this came about—how did one of the most developed and... read more
