![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/sp_en_6.gif)
R.T.M. ~ Frontrunning ~ 24th Ed., Vol.2 ~ June 13th - 17th
- Thread starter searcher
- Start date
- Tags bonds central banks commerce energy federal reserve gim2 gold oil politics precious metals shipping silver stock market weekly business news
Related Stories
- Michael Carr: Soros' Bearish Bets Have Lost $151 Million, So Far
- CalPERS Returns 'Likely to Be Flat' in Current Fiscal Year
- Ex-Fed Official Fisher: My Rich Friends Are Holding Lots of Cash
- NY Post: Banker Suicides Leave Many Unanswered Questions
- German Bond Yields Negative for First Time on Brexit Fears
- McDonald's to Move Headquarters to Downtown Chicago in 2018
Gundlach: 'Central Banks Losing Control'
Jeffrey Gundlach, the chief executive of DoubleLine Capital, said investors are dropping risky assets and turning to safer securities including Treasurys and gold because they are losing faith in central banks. "Central banks are losing control and they don't know what to do ... just like the Republican establishment and Donald Trump," Gundlach told Reuters. [Full Story]
More Stories
Jeffrey Gundlach, the chief executive of DoubleLine Capital, said investors are dropping risky assets and turning to safer securities including Treasurys and gold because they are losing faith in central banks. "Central banks are losing control and they don't know what to do ... just like the Republican establishment and Donald Trump," Gundlach told Reuters. [Full Story]
More Stories
- Gundlach Sees Brexit Likely to Fail Despite Lead in Polls
- Trevor Gerszt: The Negative Interest-Rate Bomb
- David Stockman: Emerging-Stock Slump Is Beginning of End
- Patrick Watson: Global Central Bank Wars Make You the Target
- Slow Walk to High Court Best Tactic for Net Neutrality Foes
- US News: Do You Have Enough Savings in Your 401(k) Plan?
- California Tops France to Become World's 6th-Largest Economy
- Hans Parisis: Veil of Ignorance Isn't Going to Be Lifted Soon
China Smells 'Risk,' Dumps $126 Billion of US Stocks
China's stash of American stocks sank about $126 billion, or 38%, from the end of July through March, to $201 billion. This move comes after China, owner of the world's biggest foreign-exchange reserves, dumped $250 billion of U.S. government debt. “The Chinese are taking the view that sitting in U.S. equities is presumably quite risky," an HSBC Bank official said. [Full Story]
More Stories
China's stash of American stocks sank about $126 billion, or 38%, from the end of July through March, to $201 billion. This move comes after China, owner of the world's biggest foreign-exchange reserves, dumped $250 billion of U.S. government debt. “The Chinese are taking the view that sitting in U.S. equities is presumably quite risky," an HSBC Bank official said. [Full Story]
More Stories
- Deutsche Bank's Chairman: Brexit Would Be 'Disaster'
- Wilbur Ross: US Needs Trump's 'Radical Approach' to Economy
- Patrick Watson: Global Central Bank Wars Make You the Target
- Lance Roberts: Why Next Decade Will Foil All Financial Plans
- Ron Insana: Negative Rates 'Ties the Fed's Hands'
- 4 Investments to Cash In on Americans' Mountain of Debt
- Charles Sizemore: 3 Questions Before Investing in Hedge Funds