"The one thing I will tell you is the worst investment you can have is cash. Everybody is talking about cash being king and all that sort of thing. Cash is going to become worthless over time. But good businesses are going to become worth more over time."
The above words are from the Oracle of Omaha. However, currently he is sitting on a boatload of cash around 125 Billion. Does that give any hint to the investors?
Imagine dictating a problem statement to a computer and software gets generated that provides a solution. That is what machine programming is all about. Although around since the 1950s, it is now at an critical juncture.
Oil was up and yields were up too with a 10 year at 1.82
Yields up (means bonds prices were down) and hence risk on situation.
Since yields were up so Dollar would naturally be higher and hence gold took a downward move.
Gold was down also because of trade news on china
Yields are at the highest since Aug
