Money

10 things you need to know before the opening bell

3 days 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...
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'

3 days 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'

3 days 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 ...

 


Search by Tags

   Money      Business      Trader Chat      10 Things Before Opening Bell      Reservation      Reservations      Investing      Finance      Markets      Gold      Bridgewater Associates      Greg Jensen      Interest Rates      Federal Reserve      Stocks  


Interesting Facts About Dubai Miracle Garden

Dubai Miracle Garden - The World's biggest flower Garden located in Dubai. Plan your trip to Dubai & visit this garden. Before visiting go through these interesting facts... Read more ...

Interesting Facts About Dubai Miracle Garden

Dubai Miracle Garden - The World's biggest flower Garden located in Dubai. Plan your trip to Dubai & visit this garden. Before visiting go through these interesting facts... Read more ...

Experience the magical ambience of the fall season by visiting the best...

Autumn is one of the fascinating seasons for a holiday in Italy. This beautiful season comes with a round of fresh wine, delightful delicacies, and vibrant colors that will... Read more ...

China reports 4 more cases in viral pneumonia outbreak

China reports 4 more cases in viral pneumonia outbreak

Four more cases have been identified in a viral pneumonia outbreak in the central Chinese city of Wuhan that has killed two people and prompted countries as far away as the... Read more ...

Warren Buffett's 'most gruesome mistake' was buying Dexter Shoe. Here's the...

Warren Buffett's 'most gruesome mistake' was buying Dexter Shoe. Here's the story of his $9 billion error

Chip Somodevilla / Getty Warren Buffett's "most gruesome mistake" was buying Dexter Shoe in 1993, a Maine shoemaker that soon collapsed under pressure from cheap foreign... Read more ...

Passengers Warned of Delays After Overhead Lines Damaged on the West Coast...

Passengers Warned of Delays After Overhead Lines Damaged on the West Coast Main Line

Passengers travelling between Lancaster and Oxenholme on the West Coast main line are being advised to check before they travel because of damaged overhead power lines. Network... Read more ...

United Airlines - First of Its Kind Jet to Shuttle Travelers Between the...

United Airlines - First of Its Kind Jet to Shuttle Travelers Between the Beltway and the Big Apple

United Airlines today announced a new hourly shuttle service between Washington's Reagan National Airport and New York/Newark Liberty International Airport. United will operate... Read more ...

Australian tourism suffers major setback due to bushfires

Australian tourism suffers major setback due to bushfires

The number of travelers booking visits to Australia has declined 10-20 per cent following the bushfires and the slump will cost Australian economy an estimated 4.5 billion... Read more ...

New Berenice International Airport in Egypt inaugurated

New Berenice International Airport in Egypt inaugurated

Tourism and airlines companies are taking advantage of the new Berenice International Airport, said Abd al-Naby Abu al-Hassan, director of a tourism company in the... Read more ...

Watch live: SpaceX is about to blow up a rocket in a crucial test to show...

Watch live: SpaceX is about to blow up a rocket in a crucial test to show NASA that its spaceship ready to launch astronauts

SpaceX via Twitter SpaceX plans to complete a crucial safety test on Saturday to show NASA its Crew Dragon capsule is ready to carry astronauts to space . You can watch the... Read more ...

Travelers from China are being screened at US airports for a mysterious new...

Travelers from China are being screened at US airports for a mysterious new virus that's killed 2 and sickened dozens

Passengers from China arriving in Los Angeles, San Francisco, and New York will be screened by the Centers for Disease Control and Prevention for a mysterious new virus that's... Read more ...

How to lower cholesterol with the right diet and exercise regimens

How to lower cholesterol with the right diet and exercise regimens

NatashaPhoto/iStock The best way to lower cholesterol is with a heart-healthy diet and regular exercise. Foods that can lower cholesterol include nuts, avocados , whole grains... Read more ...

Iconic NYC boutique Scoop just relaunched with an exclusive line at Walmart...

Iconic NYC boutique Scoop just relaunched with an exclusive line at Walmart - here's what the clothes are like to wear

Crystal Cox/Business Insider In its heydey, Scoop was an iconic New York City boutique. The store closed its doors a few years ago but is now back as a Walmart-exclusive... Read more ...