Submitted by Charles Hugh-Smith of OfTwoMinds blog,
Consider this chart of the gold-oil ratio.
By all accounts, the world is awash with oil: production remains high while demand is softening along with the global economy. This has led many observers to forecast further declines in oil from the current price (in USD) of around $35/barrel.
This Is Why $20 Oil Is A Possibility (Zero Hedge)
By EconMatters
10 Year Lows
From Janet Yellen's February 27, 2014 Testimony before the US Senate Committee:
Submitted by Jim Quinn via The Burning Platform blog,
In light of surging concerns about mutual and hedge fund fixed income (and soon other asset classes) "gating", "runs" or outright liquidation, Deutsche Bank has prepared the following infographic which summarizes the main choke points which predispose both open and closed-end funds to runs or outright shutdown.
And some DB's commentary on the difference between open-end and closed-end funds:
Differences between open-end and closed-end investment trusts