Jamie Dimon Says Gold Could Easily Go to $10,000

Jamie Dimon Says Gold Could Easily Go to $10,000

JPMorgan CEO Jamie Dimon isn’t exactly what you’d call a gold perma-bull. Nevertheless, even Dimon couldn’t resist weighing in on gold’s future with a strongly bullish call. Gold’s climb to $4,200 per ounce must seem remarkable to a big-bank executive who doesn’t...
Ray Dalio Recommends 15% Gold Allocation

Ray Dalio Recommends 15% Gold Allocation

With gold at $4,000 and at all-time highs, the bullish argument for precious metals is only growing stronger. Amid the growing positive sentiment, a famous financier offers multiple reasons to add the yellow metal to your holdings. Ray Dalio is the founder of...
Consumer Spending Is Mostly Rich People

Consumer Spending Is Mostly Rich People

The apparently “resilient” American consumer is one of the few pillars holding up the economy. If that pillar falls – and if wealthy spenders cut back for any reason – there could be serious implications for all consumers. The headline numbers don’t look bad, but they...