Here is your Crux AM update:
Top manager Fleckenstein: Bonds won't crash until the dollar falls
Says it's too soon to short bonds... What he's buying instead.
Mutual funds are holding their lowest levels of cash EVER
"The last two times we witnessed cash levels near these levels were directly before the 1999 market implosion and the 2008 market debacle."
Governments around the world are starting to hoard gold
"One by one, central banks are amassing major gold positions..."
------------------------------------
Porter Stansberry: The next phase of the debt crisis is here
"The entire system of municipal finance is going to collapse."
Four reasons this emerging market could be poised for huge growth
It's "publicly-traded gold companies may more than double their production in the next five years..."
New global banking regulations signal big changes ahead
Will restrict "how much cash they can return to shareholders and pay their employees in years to come..."
Regards,
Justin Brill
Managing Editor, The Daily Crux
www.thedailycrux.com
Monday, 13 September 2010
Posts
