By Justin Spittler
One of the most brilliant investors in the world just made a stunning call…
Ray Dalio is the founder of Bridgewater Associates, the world’s largest hedge fund. Dalio manages nearly $170 billion in assets. He has one of the best investing track records in the business. When he speaks, we listen.
Dalio has been saying for a long time that governments and businesses around the world have borrowed far too much money. He thinks their high levels of debt have created an extremely fragile and dangerous situation.
The stats back up Dalio’s view. In the United States, government debt as a percentage of gross domestic product (GDP) is 102%...its highest level since World War II.
By Nick Giambruno
It’s an extremely potent weapon, yet most are not even aware of its existence.
That is, unless they have been unfortunate enough to be on the receiving end of it.
The weapon I’m referring to is travel controls, also known as people controls. It’s the power any government has to limit the ability of its citizens to travel. They do this by restricting the issuance of travel documents like passports.
Recently, a renowned group of gold experts came across something big that is about to happen in the markets. This could be far and away the best shot you have at making a legitimate 500%+ gain in the coming years.
By Brian Hunt
You wake up in the morning, turn on the news, and get a sick feeling in your stomach…
The stock market is crashing again.
Another big Wall Street bank has failed.
Your 401(k) has lost another 25%. It’s bleeding value every week.
By Doug Casey
Recently Doug Casey was a guest on the always excellent podcast, The Tom Woods Show.
Tom and Doug talked about the enormous economic potential in Africa, Doug’s efforts to build a truly free market country, and better uses of your time and money than going to college.
It’s an exciting and informative conversation.
Goldcorp has built a brand new $2 billion mine from scratch on the shores of James Bay in northern Quebec.
By Dan Steinhart
Stan Druckenmiller is going big on gold.
Druckenmiller is one of the world’s most successful and respected traders. As a hedge fund manager from 1986 to 2010, he generated an incredible average annual return of 30%.
Druckenmiller was also George Soros’s right-hand man at Quantum, Soros’s famed hedge fund. Quantum’s now legendary 1992 trade shorting the British pound was Druckenmiller’s idea. It made Quantum about $1 billion. People say the trade “broke the Bank of England.”
The company continues to drive efficiencies but some operations appear to be unsustainable in the current gold price environment.