Business

In all the recent excitement over Valeant's dramatic fall from grace, investors may have forgotten the "last" alleged mega fraud, one which also involves Bill Ackman but on the other side of the trade, namely Herbalife, which the Pershing Square head has alleged is nothing but a massive ponzi scheme. Ironically it is the stock of Herbalife that has soared in recent years while that of Valeant has tumbled.

Donald Trump – Bad For Dollar, Good For Gold?

Donald Trump's emergence as the Republican frontrunner and possible future U.S. President is causing some gold and investment analysts to suggest diversifying into gold according to the Wall Street Journal.

Donald Trump - Gage Skidmore via Commons.wikimedia.org

From the WSJ:

The other winner from Super Tuesday could be gold.

While Asian stocks continued their longest rally since August overnight, led higher for the third consecutive day on the back of Japan (+1.3%), Australia (+1.2%) and China (+0.4%) strength, European stocks have as of this moment halted their longest rally since October (Stoxx -0.1%) and U.S. index futures are little changed.

A Tale of Two Crashes, Part II

Written by Jeff Nielson (CLICK FOR ORIGINAL)

In the first part of this series, readers were presented with two separate but related expositions. First, readers were reminded of what is now a pattern of crime: the eight-year bubble-and-crash cycles manufactured by the Big Bank crime syndicate in the West.

While "greed was good" in the '80s, it appears "gold is good" in the new normal. As much as the barbarous relic is despised by all the mainstream money-peddlers in public (aside from those who have left the familia like Alan Greenspan), it seems to be loved in private. Central banks have been net buyers of gold for eight straight years, according to IMF estimates, the longest streak since the first troops were deployed in The Vietnam War.

Chart: Bloomberg