John Paulson says we are in the early stages of a long-term bull market for gold - CNBC
Source: CNBC
―
DW NOTE
Paulson made his fortune shorting housing at the peak. Gold is down 22.5% from its January high of $5,318 and he's calling this the early stages of a bull market. Either he's buying the dip after war-premium unwinding, or he's forgotten that calling bottoms is harder than calling tops.
Oil prices hit the $100 per barrel mark early on Wednesday in Asian trade as the ongoing crisis in the Middle East has diminished hopes of U.S.-Iran talks and a return to normal oil flows soon. As of early morning trade in Europe on Wednesday, the international benchmark, Brent Crude, jumped by 2.2
Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.
The World’s Biggest Wealth Fund Has $215 Billion In US Treasurys. It Wants To Cut Back. - International Business Times
Atiku Abubakar Sounds Alarm as Nigerian Exchange Records N266 Billion Foreign Capital Flight - streamlinefeed.co.ke