Investors pulled a whopping $44 billion out of the stock market in the past five weeks. Amid the recent volatility in the markets, investors have been pulling funds out of equities. "The 2015 retreat from US equities by retail investors appeared to be fading as 2016...
Druckenmiller: Get out of the Stock Market, Own Gold
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...
Buffett: I Might Consider Taking Money Out of Banks If They Charge for Deposits
With persistently low interest rates around the globe, billionaire investor Warren Buffett told CNBC on Monday he'd consider taking money out of banks, especially if negative interest rates result in customers being charged to park their money in accounts. "There...
Gold Pushes through $1,300 as Dollar Suffers Anew
Gold gained for a sixth straight session on Monday, pushing through the psychologically significant $1,300-an-ounce line, as the dollar remained depressed against chief rivals. Precious metals on Friday posted their highest settlements since January 2015, as a slump...
HSBC: Gold Could Explode if Britain Votes for Brexit
Gold prices could explode if Britons decide to vote for leaving the European Union in the referendum on June 23 — also known as a Brexit. Gold is seen as a haven for cash. It doesn't pay a coupon like a bond, and it doesn't pay a dividend from a stock, but it does...
China Debt Load Reaches Record High as Risk to Economy Mounts
China’s total debt rose to a record 237 per cent of gross domestic product in the first quarter, far above emerging-market counterparts, raising the risk of a financial crisis or a prolonged slowdown in growth, economists warn. Beijing has turned to massive lending to...
U.S. Money Reserve President Talks Recent Moves in the Market
Silver slipped sharply from an 11-month peak on Thursday as a rebound in the dollar prompted traders to cash in earlier gains, while gold also fell from a five-week high hit after comments from the European Central Bank drove the euro higher. The euro zone common...
Philip N. Diehl Weighs in on Silver’s 11-Month High
Lately, silver has been on a hot streak -- up 22% so far this year -- making it one of the best investments of 2016. The rally has outshone gold's 18% gain so far this year. On Tuesday, silver shot up 4.5% to its highest level in 11 months. The price of silver has...
Gold’s Best Forecasters See Rally Resuming on Rates Caution
Gold, one of this year’s best performing assets, has room to extend its advance, according to top-ranked forecasters, even as the rebound shows signs of losing steam. Capital Economics Ltd. and Cantor Fitzgerald LP are bullish as real interest rates will probably stay...
China’s Yuan-Based Gold Fix to Include Two International Banks
Two international banks will join the proposed Chinese yuan gold fix, which is expected to be launched in less than a week, according to media reports. Wednesday, Reuters reported that ANZ and Standard Bank will be the only two international banks that will be...
U.S. Regulators Fail ‘Living Wills’ at Five of Eight Big Banks
Five out of eight of the biggest U.S. banks do not have credible plans for winding down operations during a crisis without the help of public money, federal regulators said on Wednesday. The banks have until October 1 to resubmit their plans with serious...
Will Gold Continue to Shine?
The price of gold glittered in early 2016, soaring 17 percent in the first quarter and trouncing returns in major stock and bond indices. Global investors pumped money into the gold market, a traditional safe-haven investment, early in the year as equity markets...











