Top News | December 2013

Is this currency the ‘best on the planet?’

China’s tightly-controlled yuan traded at a record high against the U.S. dollar on Tuesday and unprecedented demand has made it stand out as one of the world’s most attractive currencies, analysts told CNBC. Read More…

Sternlicht on QE: It’s a heroin addiction

While the Fed’s $85 billion monthly bond-buying has helped his business, Sternlicht said, “they should knock this off. This is bad. This is a heroin addiction. The more you get on it, the worse it’s going to get; the more asset values inflate.” Read More…

Bullion Vault:  Buyers Flock to Gold on the Dip

“Our client base has continued to increase so there continues to be, and I think that’s because of the lessons of the last five years, gold as an insurance policy; gold as something for private investors to look at as being a hedge.” Read More…

Market could be hitting a dangerous triple top…

That’s because the Dow, in inflation-adjusted terms, is no higher today than it was at the 2000 and 2007 tops. It should give us pause to note that the market — strong as it has been — is only back to the level that turned the market back on two prior occasions. Read More…

Stand by…a hefty drop’s on the way…

Global stock markets are set to peak in the next few months but hungry investors should beware, according to Bob Janjuah, Nomura’s uber-bearish strategist, who believes a hefty dip in global stock markets is just around the corner. Read More…

   

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