Hedge Fund Redemptions May Crash Q1 Markets [View article]
I think your off by thousands for gold prices and for the S&P. I have spoken with attorney colleagues recently in the Caymans and the BVI. Apparently, a very large percentage of funds have already suspended redemptions. In addition, there are a sizeable number of new hedge funds (yes, new) coming online after January 1. Add to that some facts mentioned above, like "notice provisions" and gates, and there will not be an avalanche caused by hedge fund redemptions in the 1st quarter. Although, I do agree there will be a material affect caused by redemptions.
Details aside, viewed from Russia's point-of-view the author is correct about Russian concerns about American policy. If you were Putin or Medvedev and you believed that control of energy will be the source of power for the next 20 years, you would not be happy with the U.S. in Iraq, the U.S.'s relationship with Saudi Arabia, and the fact that a large fleet of naval ships sits off the coast of Iran. Those facts combined would provide even a reasonable person with a concern that America is trying to control oil--and Putin isn't reasonable.
The Five Best ETFs for a Falling Dollar [View article]
Hedge Fund Redemptions May Crash Q1 Markets [View article]
Oil Will Only Fall So Far [View article]