Sean Hyman of the Logical Investor offers his insight on how the markets are faring amid hopes of the major stimulus. “I think we are in the perfect storm in the favor of gold and precious metals. In fact, I’m even more bullish on silver and platinum than even gold,” …
Read More »China soon to rival NY & London as world’s financial center – Ray Dalio
In an interview with the Financial Times, he said 2020 was a “defining year” for the Chinese financial markets. The Covid crisis had highlighted the country’s economic outperformance, and spurred a trillion yuan ($155 billion) of investment inflows. Although China’s financial system remains less developed than its Western peers’, it “will eventually …
Read More »Elon Musk, less eccentric icon more con artist, represents the entire smoke-and-mirrors game of the US financial market
Tesla CEO and SpaceX founder Elon Musk recently overtook Amazon’s Jeff Bezos as the world’s richest person, a feat that happened largely in the span of less than a year. However, Musk, the eccentric billionaire with a wannabe Tony Stark image, is highly misunderstood – just like the circumstances of …
Read More »Pinning down priorities: Russia’s central bank boss sent coded messages to financial market via her… BROOCHES
“I’ve been wearing brooches for a long time, but this year, I was using them to try to signal our understanding of the current situation,” the head of the regulator said in an interview with RTVi, a New York-based privately run TV network broadcasting in Russian. READ MORE:Russia to slash …
Read More »What to do with $600 payments? CNBC asks financial advisers, gets dragged for tone-deaf & clueless tips
The outlet asked financial advisers, landlords, and other well-heeled professionals how ordinary Americans should use the $600 stimulus payments Congress agreed on Sunday that will go out to all Americans making less than $70,000 per year and the $300 weekly unemployment boost. Their answers, delivered in a Tuesday article, were …
Read More »Bank of England warns of possible disruptions to UK’s financial system after Brexit
According to a report by the bank’s Financial Policy Committee (FPC), most risks to financial stability have been mitigated. It said, however, that “Financial stability is not the same as market stability or the avoidance of any disruption to users of financial services. Some market volatility and disruption to financial …
Read More »Extinction Rebellion now encouraging financial crime as climate protest turns into anti-capitalism madness
After their attack on freedom of the press by blockading national newspaper printworks backfired, having been condemned from all sides, the perpetual students of Extinction Rebellion have devised a new campaign that is not only self-destructive – it’s idiotic. The big new idea is Money Rebellion. Yep, and you thought …
Read More »BRICS+ nations will have their own financial systems to avoid dollar & drunken sailors at printing presses – George Galloway
The host of RT’s Keiser Report sat down with the British politician, who is set to run for MP for Rutherglen and Hamilton West in a possible by-election, to discuss his political goals and the rapid development of cryptocurrencies. Galloway believes that sooner or later, not only those countries “hunted” …
Read More »Almost half of Russians complained about the deterioration of the financial position
Financial situation and incomes of Russians continue to get worse because of the coronavirus pandemic and financial crisis. This is evidenced by the survey of “Old” by the order of the Central Bank, published “Vedomosti”. 42% of respondents said the worsening financial situation in the second half of April, and …
Read More »In the Russian banks began to receive letters requesting financial help to the families of asguardian
In the Russian banks began to receive letters requesting financial help to the families of asguardian In the banking organization began to receive letters with the request to provide “charity financial assistance” to the families of the employees of Regardie. About it Znak.com learned from an employee of one of …
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