Gold and other precious metals worth millions fell from a plane as it took off in Russia, according to local news outlets.
Gold and other precious metals worth millions fell from a plane as it took off in Russia, according to local news outlets.
In this edition of the show the following reports are shown.
Encuentran barras de oro en el baño de un avión / They find gold bars in the bathroom of an airplane 19 noviembre 2013 Personal de limpieza encuentra 24 …
On the corruption probe against Rural and Regional Development Ministry secretary-general, Datuk Mohd Arif Abdul Rahman, the Malaysian Anti-Corruption Commission today discovered more cash and gold bars in his safekeeping.
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Billionaire Ray Dalio Pushes Gold, Citing North Korea Tensions
“Two confrontational, nationalistic, and militaristic leaders playing chicken with each other, while the world is watching to see which one will be caught
bluffing, or if there will be a hellacious war,” he explained, indicating his feelings as to why the geopolitical heat could impact the markets.
He continued, “we can also say that if the above things go badly, it would seem
that gold (more than other safe haven assets like the dollar, yen, and treasuries) would benefit.”
Now, Bridgewater Associates founder Ray Dalio has urged investors to consider picking
up gold in light of heightening tensions between the U. S. and North Korea.
“When it comes to assessing political matters (especially global geopolitics like the North Korea matter), we are very humble.
Because of that, “we aim to stay liquid, stay diversified, and not be overly exposed to any particular economic outcomes.”
Dalio cited the increasing tensions between the U. S. and North Korea as particularly troubling for the markets.
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United States Federal authorities owes the international debt holders and national creditors $20 trillion and growing. Being unable to pay them would result in the global monetary system (which is established on U.S. Treasury Debt and the dollar reserve currency) to entirely collapse. You can not picture the financial panic and human suffering this would let loose all around the planet.
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