Diversify Into Gold On U.S. ‘Political Instability’ Advise Blackrock

– Gold set to shine as Washington stumbles
– ‘Bet on gold’s diversifying properties rather than political stability’
– World’s largest asset manager believes Trump and political drama in the U. S. means gold likely to rise
– Real rates flattening out and rising political instability – Blackrock’s Koesterich
– ‘For now my bias would be to stick with gold’ – Blackrock
– U. S. debt ceiling issue to be fractious as bankrupt U. S. hits $20 trillion debt
– Investors will again turn to gold in coming political strife
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‘For now I would prefer to bet on gold’s diversifying properties rather than political stability’ – Russ Koesterich, Blackrock.
Not for the first time this year, Blackrock’s Koesterich has spoken about his faith in gold during times of both financial and political instability.

This post was published at Gold Core on August 28, 2017.

THE DEATH OF CASH – NEW TECH TO REVOLUTIONIZE THE PAYMENTS INDUSTRY

The world has had enough of paper money.
Now that consumers are done with physical wallets, the multi-billion-dollar mobile pay app market is minting new digital barons at breakneck speed.
And we’ve just identified one company at the forefront of the revolution which has a very compelling story.
Glancepay is already the no. 1 mobile payment app in Canada, ranking at over 92 percent of mobile payment app downloads. It’s also making big waves across North America, where it ranks 37 percent of all mobile payment app downloads.
This could be a timely opportunity for early investors who understand what’s about to happen.
For example, when Alipay hit the Chinese market with its instant mobile app pay features, it was an overnight sensation. Now, it’s conducting a massive $1.7 trillion in business annually in China.

This post was published at The Daily Sheeple on AUGUST 28, 2017.

Is the Stock Market Really Overvalued?

All we have been hearing since 2011 is how the stock market is going to crash and then there will be hyperinflation and all sorts of strange relationships that never materialize. They simply focus on the level of the stock market in nominal terms without adjusting it for inflation or showing how it has performed relative to the rest of the economy. Here is a chart of the stock market expressed as the total value of shares traded annually as a percent of GDP. Sorry, this illustrates that the retail market is not in crash mode just yet and it is still nowhere near the overbought levels of 2007.

This post was published at Armstrong Economics on Aug 28, 2017.