Business

Yes, David Tepper's Appaloosa bought Snapchat in Q1. No, it wasn't a material amount: he only bought a 100,000 share flier in the name, or under $2.3 million.

What is most notable about Tapper's Q1 holdings (aside from the SNAP non-story, of course) is that he took his total long stake to just under $6.1 billion as of March 31, up from $5.6 billion at the end of 2016, and the highest net long exposure since September 2014.

Here is a breakdown of the key position changes for Tepper as of March 31:

History of Gold - How the gold industry has changed over 50 years

Thomson Reuters GFMS have compiled an interesting high level history of the gold industry in the last fifty years.

Topics covered and interesting historical facts to note include:

Auth9ored by Lance Roberts via RealInvestmentAdvice.com,

This…has…to…be…the…most…boring…market…ever.

For almost a month now, the market has gone literally nowhere. Despite news of the passing of the American Health Care Act, the Continuing Resolution, or “stellar” earnings reports…nothing seems able to excite either the bulls or the bears.

Boring.

Interested in precious metals investing or storage? Contact us HERE 

The Traitors Abetting The Deep State's Dirty, Dying War on Gold

Posted with permission and written by Stewart Dougherty CLICK HERE FOR ORIGINAL)

With everyone, including Pimco, now acknowledging what we said most recently in February, namely that China's credit impulse is the main, if not only variable, that determines the fate of global reflation ...

... the latest credit numbers released by the PBOC overnight very closely watched by macro traders around the globe in light of the ongoing liquidity discussions surrounding the deleveraging narrative.