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Tag Archives: Sam Zell

The Government’s Closed! But Is It? SchiffGold Friday Gold Wrap 01.25.19

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.The US government is closed! Or so we’re told. But is it — really? Mike Maharrey talks about the shutdown in this week’s Friday Gold Wrap podcast. He also covers the latest gold news, the European Central Bank’s policy meeting and an interesting announcement from China.Tune in to the Friday Gold...

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Billionaire Buys Gold for the First Time

Billionaire Sam Zell said he recently took the plunge and bought gold.“For the first time in my life, I bought gold because it is a good hedge,” Zell said during an interview on .Zell, 77, is the founder and chairman of Equity International, a private investment firm focused on building real estate-related businesses in emerging markets.He told shrinking production also makes gold an attractive investment right now.Go back to supply and demand. Supply is shrinking and that is going to...

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Dave Collum’s 2016 Year In Review – “And Then Things Got Really Weird…”

Submitted by Dave Collum via PeakProsperity, A downloadable pdf of the full article is available here, for those who prefer to do their power-reading offline. Background: The Author “The easiest thing to do on earth is not write.” ~William Goldman, novelist I never would have believed it—not in a million years—but it happened: the Cubs won the World Series, and The Donald is our new president. Every December, I write a Year in Review1 that’s first posted on Chris Martenson’s & Adam...

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Big Names Are Bailing

Submitted by John Rubino via DollarCollapse.com, The list of heavy hitters who are saying bad things about this world and its financial markets - while acting aggressively on their pessimism - is growing to alarming proportions. A few examples: Stan Druckenmiller: The bull market is exhausted; move to gold (MineWeb) – Legendary investor Stan Druckenmiller, founder of Duquesne Capital Management LLC, told the Sohn Investment Conference in New York last week that he is bullish on gold and...

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Sam Zell:”We Are Already In Recession”

"We are either already in a recession or rapidly moving towards one," warns billionaire investors Sam Zell. A stunned Maria Bartiromo is shocked to hear from Zell that world trade has slowed dramatically and currency wars and election uncertainties have contributed to this. Most shocking of all to the Keynesian pump-primers (and oil bulls) is Zell's remarks that "when I look around the world for prospective demand, it's not there... demand is pretty weak." Markets...

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Billionaire Blackstone CEO Trolls American Public – Doesn’t Get Why People Are Angry

Submitted by Mike Krieger via Liberty Blitzkrieg blog, DAVOS MAN: “A soulless man, technocratic, nationless and cultureless, severed from reality. The modern economics that undergirded Davos capitalism is equally soulless, a managerial capitalism that reduces economics to mathematics and separates it from human action and human creativity.”   – From the post: “For the Sake of Capitalism, Pepper Spray Davos” I’ve written several posts...

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3 Things: Tick-Tocks, Stocks, & Shocks

Submitted by Lance Roberts via RealInvestmentAdvice.com, Yesterday, Janet Yellen announced the first hike in the Fed Funds rate in eleven years from .25% to .50%. When asked about why the Fed decided to raise rates now, Ms. Yellen responded by suggesting that the “odds were good” the economy would have ended up overshooting the Fed’s employment, growth and inflation goals had rates remained at low levels. She then went on to state that it was a “myth” that...

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Peak Housing 2.0: Sam Zell Dumps 23,000 Apartments In 2007 Deja Vu

If you’ve been apartment shopping in the US lately, you might have noticed that rents are becoming more and more unaffordable seemingly by the month.  We’ve documented the inexorable rise in the cost of renting on too many occasions to count, but for those who need a refresher, we recommend rereading one of our more lengthy treatments in “The Mystery Of The ‘Missing Inflation’ Solved, And Why The US Housing Crisis Is About To Get Much Worse”, published late last month. In it, we...

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