Gold and silver’s $7 trillion wipeout delivers a painful lesson about risk
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If “safe” investments like gold and silver can crash in a single day,
investors need to reconsider their portfolio hedges.
31 minutes ago



"Karl Marx had it right," Roubini said in an interview with wsj.com. "At some point capitalism can self-destroy itself. That's because you can not keep on shifting income from labor to capital without not having an excess capacity and a lack of aggregate demand. We thought that markets work. They are not working. What's individually rational...is a self-destructive process."
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