9/14/15 Inverview with Gerald Celente – “It’s Going To Be Worse Than the Crash of ’29”

“Watch commodity prices very closely, watch currency and watch China because we’re going to see a lot of broken china.”

Gerald_Celente_TRUNEWS“We’re in the midst now of a global economic slow-down, a meltdown, that’s gonna be worse than the crash of 1929 because it’s been artificially inflated since the panic of ’08 with trillions of dollars of cheap money to pump up the equity markets so the big guys can make a lot of dough as everybody else loses money.  The average American family has lost 6K dollars since ’08.” Continue reading “9/14/15 Inverview with Gerald Celente – “It’s Going To Be Worse Than the Crash of ’29””

9/3/15 “Giant U.S. Pension Fund Calstrs to Propose Shift Away From Stocks, Bonds”

Calstrs to discuss shifting up to $12 billion to Treasurys, hedge funds, other investments

The nation’s second-largest pension fund is considering a significant shift away from some stocks and bonds, one of the most aggressive moves yet by a major retirement system to protect itself against another downturn.

Top investment officers of the California State Teachers’ Retirement System have discussed moving as much as 12% of the fund’s portfolio—or more than $20 billion—into U.S. Treasurys, hedge funds and other complex investments that they hope will perform well if markets tumble, according to public documents and people close to the fund. Its holdings of U.S. stocks and other bonds would likely decline to make room for the new investments. Continue reading “9/3/15 “Giant U.S. Pension Fund Calstrs to Propose Shift Away From Stocks, Bonds””