LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Mid-Tiers’ Q4’18 Fundamentals
By: Adam Hamilton, Zeal Research

Self-Destruction: Cheerleading the Process
By: Gary Christenson, Deviant Investor

The U.S. Economy Is In Big Trouble
By: Dave Kranzler

Gold Resource Corporation Mirador Mine Development Crosscuts 6 Meters of 992 Grams Per Tonne Silver
By: Gold Resource Corp.

Central Banks Are Messing With Your Head
By: Thorsten Polleit

A Permabear Talks Lollipops and Roses
By: Rick Ackerman, Rick's Picks

Gold …Some Confirmations to Watch For
By: Rambus

On The Hot Seat
By: Ted Butler

Precious Metals Update Video: Gold is not overbought
By: Ira Epstein

GoldSeek Radio Nugget: Charles Nenner
By: Chris Waltzek, GoldSeek Radio

 
Search

GoldSeek Web

 
Stocks are Now in ‘Complete Bitcoin Territory,’ Asset Manager Says


 -- Published: Tuesday, 20 November 2018 | Print  | Disqus 

  • Asset management firm Fasanara Capital compared stock valuations to bitcoin in that “it is totally disconnected from fundamentals,” its chief executive told CNBC
  • Impending tipping point for markets is due to a synchronicity of enterprise overvaluation, high indebtedness, low cash balances and a drawback in public flows
  • Still, a major selloff hasn’t arrived, and many market-watchers continue to celebrate the enduring bull run

Fragile markets are “on the edge of chaos,” according to one asset management firm, which has compared what it deems an overvalued stock market to cryptocurrency bubbles.

“Stocks are in complete bitcoin territory,” Francesco Filia, chief executive at asset management firm Fasanara Capital told CNBC Wednesday. The impending tipping point for markets, per Fasanara’s analysis, is due to a synchronicity of enterprise overvaluation, high indebtedness, low cash balances and a drawback in flows from central banks.

“Valuations on stocks sometimes feel like bitcoin because in a way it is totally disconnected from fundamentals,” Filia explained. “It’s purely based on sentiment and flows from central banks and the private passive investment community.”

Read the full article on CNBC.com 

News and Commentary

PRECIOUS-Gold steady in slow trading, muted dollar supports (Reuters.com)

Bitcoin price plunges below $4,500 mark in new 2018 low (TheGuardian.com)

Wall Street tumbles as Apple, internet stocks swoon (Reuters.com)

PRECIOUS-Gold firm as uncertainty about U.S. rates saps dollar (Reuters.com)


Image Credits: Reuters.com

Brexit deal latest news: Spain threatens to veto agreement over Gibraltar clause (Telegraph.co.uk)

Markets think Powell ‘blinked’ in Dallas (MarketWatch.com)

Gold worth $37 billion traded in London each day, new data shows (Reuters.com)

2018 U.S. DOLLAR RALLY SHATTERS EXPECTATIONS! (WealthResearchGroup.com)

Gold Prices (LBMA AM)

19 Nov: USD 1,223.55, GBP 951.07 & EUR 1,070.97 per ounce
16 Nov: USD 1,215.80, GBP 948.93 & EUR 1,073.07 per ounce
15 Nov: USD 1,210.60, GBP 948.26 & EUR 1,072.71 per ounce
14 Nov: USD 1,201.45, GBP 927.04 & EUR 1,066.05 per ounce
13 Nov: USD 1,197.55, GBP 928.70 & EUR 1,066.18 per ounce
12 Nov: USD 1,207.05, GBP 940.05 & EUR 1,072.34 per ounce
09 Nov: USD 1,219.05, GBP 936.96 & EUR 1,075.81 per ounce

Silver Prices (LBMA)

19 Nov: USD 14.36, GBP 11.21 & EUR 12.57 per ounce
16 Nov: USD 14.29, GBP 11.15 & EUR 12.61 per ounce
15 Nov: USD 14.13, GBP 11.02 & EUR 12.49 per ounce
14 Nov: USD 13.97, GBP 10.80 & EUR 12.39 per ounce
13 Nov: USD 14.02, GBP 10.85 & EUR 12.46 per ounce
12 Nov: USD 14.16, GBP 11.00 & EUR 12.57 per ounce
09 Nov: USD 14.34, GBP 11.01 & EUR 12.63 per ounce

https://news.goldcore.com/

 


| Digg This Article
 -- Published: Tuesday, 20 November 2018 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2019



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.