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Posts Tagged: “North Korea“
North Korea Is Involved Now, Too
A new army is marching for the front lines of the Ukraine war. Though they are dressed in Russian uniforms, these soldiers are half a world away from their homes. Five thousand miles from their position, in Pyongyang, North Korea, a dictator is directing their movements, ordering his men into a conflict that is now […]
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Egypt’s Second Richest Man Has Half His Net Worth Invested in Gold
The second richest man in Egypt has put half of his $5.7 billion net worth in gold. During an interview with Bloomberg, Naguib Sawiris said he expects gold to rally above $1,800 per ounce as “overvalued” stock markets crash.
$10,000 Gold?
Jim Rickards has been talking $10,000 gold for a while. This seems like an absurd number, but Rickards insists the dynamic exist to push gold to that level – when the world financial system collapses under its own weight. Rickards has been making the rounds again lately, saying gold is in the midst of its […]
Which Snowflake Will Trigger the Financial Avalanche?
Loose monetary policy has dumped billions of dollars of easy money into the world’s financial systems over the last eight years, pumping up a whole slew of bubbles. We are still on the upside of the business cycle, with stock markets hitting record levels it seems like on a daily basis. But if history serves […]
Geopolitical Risk: The New Normal
Over the last year, we’ve talked a lot about geopolitical risk. Could turmoil around the world now be the new normal? Some analysts think so.