Gerard Minack, global developed market strategist at Morgan Stanley, says gold is the only commodity that would cope well through both inflation and deflation. He tells CNBC's Oriel Morrison how investors can guard their portfolios against both risks, in this edition of Protect Your Wealth.
Tuesday, August 24, 2010
Gold: Inflation and Deflation Hedge
Gerard Minack, global developed market strategist at Morgan Stanley, says gold is the only commodity that would cope well through both inflation and deflation. He tells CNBC's Oriel Morrison how investors can guard their portfolios against both risks, in this edition of Protect Your Wealth.
Robert Kiyosaki The Importance of The Financial Education
Robert Kiyosaki Rich Dad The Rich Dad Difference Financial Education Gold Silver
Robert Kiyosaki The Importance of The Financial Education
MASSIVE UFO EVENTS TO TAKE PLACE! OUR GOVERNMENT KNOWS ABOUT IT . EX-NASA OFFICIAL.
Due to many recent UFO sightings that are making international headlines, RICHARD C. HOAGLAND ex-NASA OFFICIAL, is now giving us a warning.
Nikkei Falls Below 9,000
In today's market report... Asian shares tracked lower Tuesday, as worries over weak economic growth kept investors away from riskier assets.
Tokyo's Nikkei led the losers, briefly breaking below the 9,000 level as the yen hit a nine year high against the euro, and concerns mounted over Japan's fragile recovery.
Falls were led by growth-oriented stocks like banks and commodity trading houses, while exporters like Nissan fell on the strong local currency. The Nikkei closed 1.3 percent lower.
Stocks in Taiwan and South Korea also slipped, with shares of consumer electronics firms leading declines.
Hong Kong stocks were flat, under pressure from Chalco shares. The world's top aluminum producer posted a quarterly loss, and said prices would stay volatile for the rest of the year.
The Shanghai market bucked the trend, with banking and mining stocks higher. The Shanghai Composite was nearly one percent up at midday.
In Australia, Sphere Minerals jumped by over 60 percent, following a takeover bid from Swiss miner Xstrata, but the political limbo and the global economic uncertainty saw Sydney's All Ordinaries fall by over one percent.
Tokyo's Nikkei led the losers, briefly breaking below the 9,000 level as the yen hit a nine year high against the euro, and concerns mounted over Japan's fragile recovery.
Falls were led by growth-oriented stocks like banks and commodity trading houses, while exporters like Nissan fell on the strong local currency. The Nikkei closed 1.3 percent lower.
Stocks in Taiwan and South Korea also slipped, with shares of consumer electronics firms leading declines.
Hong Kong stocks were flat, under pressure from Chalco shares. The world's top aluminum producer posted a quarterly loss, and said prices would stay volatile for the rest of the year.
The Shanghai market bucked the trend, with banking and mining stocks higher. The Shanghai Composite was nearly one percent up at midday.
In Australia, Sphere Minerals jumped by over 60 percent, following a takeover bid from Swiss miner Xstrata, but the political limbo and the global economic uncertainty saw Sydney's All Ordinaries fall by over one percent.
U.S. Home Sales Hit 15-yr Low
ReutersVideo--August 24, 2010--A much sharper-than-expected plunge in U.S. existing home sales in July added to worries about the health of the U.S. economic recovery.
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