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10 things you need to know before the opening bell

6 monthes ago   |   By

AP
Here's what's going on.
1. Bridgewater sees gold spiking 30% to a record high - 'There is so much boiling conflict'. "When you look at the geopolitical strife, how many foreign entities really want to hold dollars?" Bridgewater co-chief Greg Jensen told the Financial Times. See the rest of the story at Business Insider NOW WATCH: A big-money investor in juggernauts like Facebook and Netflix breaks down the '3rd wave' firms that are leading the next round of tech disruption See Also: 10 things you need to know before the opening bell 10 things you need to know before the opening bell 10...
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Bridgewater sees gold spiking 30% to a record high - 'There is so much boiling conflict'

Bridgewater sees gold spiking 30% to a record high - 'There is so much boiling conflict'

6 monthes ago   |   By

REUTERS
Gold could spike 30% to a record high of over $2,000 an ounce as central banks allow inflation and political fears mount, Bridgewater Associates boss Greg Jensen told the Financial Times .
The Federal Reserve and other central banks won't clamp down on inflation or raise interest rates in the near term, supporting a higher gold price, Ray Dalio's co-chief at the world's largest hedge fund, told the newspaper.
"There is so much boiling conflict, that gold being part of a portfolio makes sense to us," Jensen said.
View Business Insider's homepage for more stories .
Watch gold trade...
Read more ...

 

Bridgewater sees gold spiking 30% to a record high - 'There is so much boiling conflict'

Bridgewater sees gold spiking 30% to a record high - 'There is so much boiling conflict'

6 monthes ago   |   By

REUTERS
Gold could spike 30% to a record high of over $2,000 an ounce as central banks allow inflation and political fears mount, Bridgewater Associates boss Greg Jensen told the Financial Times .
The Federal Reserve and other central banks won't clamp down on inflation or raise interest rates in the near term, supporting a higher gold price, Ray Dalio's co-chief at the world's largest hedge fund, told the newspaper.
"There is so much boiling conflict, that gold being part of a portfolio makes sense to us," Jensen said.
View Business Insider's homepage for more stories .
Watch gold trade...
Read more ...

 


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