Guggenheim Says Market a ‘Ponzi Scheme’ That Must Collapse

Guggenheim Says Market a ‘Ponzi Scheme’ That Must Collapse

“We will reach a tipping point when investors will awake to the rising tide of defaults and downgrades,” he wrote in a letter from the World Economic Forum meeting. “The timing is hard to predict, but this reminds me a lot of the lead-up to the 2001 and 2002 recession.”
January 27, 2020 0 Comments
Money managers retain bullish gold positioning

Money managers retain bullish gold positioning

TD Securities commented that the U.S. Federal Reserve policymakers may be about to provide a structurally “more dovish lean” to policy, which propelled gold prices higher just ahead of the long holiday weekend in the U.S.
January 21, 2020 0 Comments
Here’s how gold could rise above $7,000 an ounce

Here’s how gold could rise above $7,000 an ounce

On Friday, I reiterated that gold is in a bull market, and I suggested that a bullish target for $7,166 is both logical and plausible.
January 8, 2020 0 Comments
Will 2020 Be the Year for Silver?

Will 2020 Be the Year for Silver?

  • Silver has outperformed gold in every precious metals bull market. It first lags, then leads.
January 6, 2020 0 Comments

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