Billionaires are hoarding more cash than ever due to growing economic uncertainty, according to a new report. The world’s billionaires are now holding 22.2 percent of their wealth in cash (around $1.7 trillion), consulting firm Wealth-X’s “Billionaire Census” indicates. It ...
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Billionaire Investor Abandons Stocks For Gold; Says Market Is Collapsing
A legendary billionaire investor apparently believes the stock market is about to collapse, and he’s moving his money into gold instead. George Soros has dumped 37 percent of his US stocks and made huge investments in gold, according to ...
Read More »Report: World Economy Teetering On New Crisis
Distrust in the financial system and the holding of cash proves that the world’s economy is still on very shaky ground, according to a new survey of people in the world’s 10 richest countries. The Associated Press report discovered that ...
Read More »Get Ready For The Coming 2013 Market Meltdown
For the last several weeks, the market has given indications that it was going to take a run at the old 2007 highs of 14,000+, but every time it would get near the target, there would be a several hundred ...
Read More »Stocks Or Bonds – Pros And Cons
The age-old question of whether one should invest in stocks or bonds is still the most important issue when taking positions in the financial markets. Both stocks and bonds offer investors advantages and disadvantages, and depending on what your outlook ...
Read More »The Ultimate Portfolio to Protect Yourself from the “End of America” Scenario
Just in case you’re not familiar with the “End of America” scenario, know that it isn’t off in the future. It’s right here, right now. What you read and see every day is what the End of America looks like. ...
Read More »Shelter Shares Driving Investors
Granted, we don’t have the money to invest like we had before…if we had any! However, as people downsize their lifestyles and pay off more debt, they may be looking for ways to invest the extra money they have, somewhere ...
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