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Dalio Warns Of Dollar Crisis – “History Is Doomed To Repeat Itself”


 -- Published: Thursday, 20 September 2018 | Print  | Disqus 

– “History is due to repeat itself” warns Ray Dalio on Bloomberg
– “I think it will be more of a dollar crisis than a debt crisis” says Bridgewater Founder

– “It will be more of a political and social crisis…”
– “Balance is key” and if going to be active investor, you need to be contrarian and “buy when there is blood in the streets”
– Bridgewater continues to own gold and Dalio views gold as a currency and as money
– “It’s not sensible not to own gold…” Dalio told the CFR


Watch Bloomberg Markets and Finance video via YouTube here

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“Do You Own Gold?” “I Do” – Ray Dalio at CFR

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S&P 500, Dow up as rising treasury yields boost banks (Reuters.com)

U.S. current-account deficit sinks 17% (Marketwatch.com)

Gold prices steady as easing trade concerns drag on dollar (Reuters.com)

Jack Ma Warns Alibaba, China to Prepare for 20-Year Trade War (Bloomberg.com)

China’s Grip on Rare Earths May Have Proven Too Strong for Trump (Bloomberg.com)


Source: Bloomberg

Gold ‘Break Out’ Is Expected – Probis Securities’ Barratt Says (Bloomberg.com)

China’s premier insists it’s not devaluing the yuan (Bloomberg.com)

A warning from the goldmining boom to today’s cryptocurrency investors (Moneyweek.com)

‘Voodoo economics’ is about to kill this bull market, warns Nouriel Roubini (Marketwatch.com)

Gold Prices (LBMA AM)

19 Sep: USD 1,203.00, GBP 912.48 & EUR 1,028.44 per ounce
18 Sep: USD 1,199.40, GBP 913.94 & EUR 1,026.81 per ounce
17 Sep: USD 1,196.80, GBP 914.00 & EUR 1,027.21 per ounce
14 Sep: USD 1,206.20, GBP 918.76 & EUR 1,030.58 per ounce
13 Sep: USD 1,206.65, GBP 924.41 & EUR 1,038.68 per ounce
12 Sep: USD 1,197.80, GBP 919.07 & EUR 1,033.10 per ounce

Silver Prices (LBMA)

19 Sep: USD 14.18, GBP 10.76 & EUR 12.13 per ounce
18 Sep: USD 14.21, GBP 10.81 & EUR 12.16 per ounce
17 Sep: USD 14.17, GBP 10.81 & EUR 12.15 per ounce
14 Sep: USD 14.22, GBP 10.83 & EUR 12.15 per ounce
13 Sep: USD 14.23, GBP 10.90 & EUR 12.24 per ounce
12 Sep: USD 14.16, GBP 10.90 & EUR 12.22 per ounce

https://news.goldcore.com/

 


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 -- Published: Thursday, 20 September 2018 | E-Mail  | Print  | Source: GoldSeek.com

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