Global Economy Faces ‘Scary Situation’ - Billionaire Investment Manager Dalio Warns

Global Economy Faces ‘Scary Situation’ – Billionaire Investment Manager Dalio Warns

30, October

Likely to have a downturn while “there is not effective monetary policy
and that is a ‘scary situation’ – Billionaire Investment Manager Ray Dalio

NEWS & COMMENTARY

Gold prices range-bound ahead of expected Fed rate cut

Gold prices mark one-week low a day ahead of the Fed’s interest-rate decision

Stocks drop rapidly on report trade agreement may not be signed at Chile meeting in November

Fed may have to do more to calm the stress in the short-term lending market

US considers extending some tariff exclusions on Chinese imports as trade talks continue

Russian central bank creating a financial settlements system with China and India

The return of the silver whale?

Billionaire Hedge Fund Manager Ray Dalio Says Global Economy Faces ‘Scary Situation’

Understand the Real Causes of the Coming Collapse
Listen to Goldnomics Podcast Here

GOLD PRICES (LBMA – USD, GBP & EUR – AM/ PM Fix)

28-Oct-19 1505.05 1492.40, 1172.89 1160.94 & 1356.95 1345.55
25-Oct-19 1504.65 1513.45, 1171.82 1180.79 & 1353.28 1364.22
24-Oct-19 1488.85 1496.55, 1154.75 1163.12 & 1338.03 1346.45
23-Oct-19 1494.25 1494.45, 1162.53 1159.84 & 1343.78 1343.66
22-Oct-19 1487.45 1485.35, 1149.50 1149.66 & 1335.28 1334.14
21-Oct-19 1490.85 1491.65, 1147.81 1148.27 & 1334.91 1337.12
18-Oct-19 1487.50 1490.00, 1154.15 1155.64 & 1336.67 1337.28
17-Oct-19 1484.45 1492.65, 1151.64 1162.63 & 1336.60 1341.59
16-Oct-19 1482.55 1485.10, 1166.32 1155.85 & 1344.52 1343.27
15-Oct-19 1494.75 1487.80, 1183.69 1178.34 & 1357.08 1353.30

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Mark O'Byrne

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