With gold having struggled throughout much of 2018, it’s easy for analysts to take a bearish view of the world’s most popular precious metal. However, John LaForge, the Wells Fargo Investment Institute’s head of real asset strategy, has flipped bullish on gold – and his reasons actually appear to carry some weight.
It’s not difficult to figure out why central banks, such as the U.S. Federal Reserve and the European Central Bank (ECB), are less than 100% enthusiastic about cryptocurrencies. Clearly, these central banks perceive the emergence of new, competing currencies based on grassroots movements as a threat to the hegemony of the U.S. dollar, the euro, and other government-backed currencies.
Your U.S. dollars, already ravaged from steadily climbing inflation over the months and years, is now officially deteriorating at a breakneck pace.
If there were ever a time that investors need the kind of research and analyses Crush the Street is providing, this would be it. It’s one of the most baffling markets ever for anyone except the most seasoned, prudent, and patient investors.
When I was a kid, General Electric was one of those companies, and one of those stocks, that was regarded as a model of safe blue-chip investments: profitable, steady growth, decent dividend payments – an American institution. No one ever imagined that within our lifetimes, we would see GE devolve into the money pit that it has become.
Fund Manager Who Called 2000 and 2008 Crashes Says the S&P 500 Will “Lose Nearly Two-thirds of its Value”
Market predictions come and market predictions go, and opinions are a dime a dozen in the financial community. But when an esteemed fund manager who anticipated the 2000 and 2008 crashes talks, people actually listen.
If consumerism were an Olympic sport, America would have more gold medals than Mark Spitz and Michael Phelps put together. But, as in numerous other areas of finance, China is threatening to unseat America’s dominant position in a world that’s changing rapidly and shaking up multi-generational assumptions.
The comparatively recent advent of Bitcoin and blockchain technology makes it feel unique, and in many ways cryptocurrencies are unlike any other asset class. And yet, a look back through the lens of histor...
The ongoing litany of misdeeds (that’s what big bankers call crimes) continues with everybody’s favorite too-big-to-fail bank, Wells Fargo. A recent filing with regulators uncovered an expanded review findi...
It’s always possible to dig up a bearish chart somewhere, even in the best of circumstances. But when practically every chart you find is downright nihilistic about the state of the markets, it’s bound to give you pause – and make you rethink your equities allocations.