The “godfather of emerging markets” warns that the currency will depreciate sharply: 10% of positions are left to gold
Mark Mobius (Mark Mobius), former chairman of the Templeton Emerging Markets Team and known as the “Godfather of Emerging Markets,” said that 10% of investors' portfolios should be gold because the currency will depreciate after the unprecedented stimulus measures introduced to fight the COVID-19 pandemic. McDonald's said that at this stage, “10% should be invested in physical gold. Considering the incredible money supply that has already been printed, the global currency will depreciate quite a bit next year.” Last year, as the COVID-19 pandemic prompted investors to turn to safe-haven assets, the price of gold once rose to a record level, but since the vaccine was introduced
AMC is going to issue additional shares again! It is also "considerate" to remind investors to be careful to lose money.
AMC Entertainment Holdings said after trading on Thursday that it would ask shareholders to authorize it to issue up to 25 million more shares, just after the company announced that it had raised $587 million in a 11.55 million rights issue and had issued 8.5 million shares to Mudrick Capital, a hedge fund, earlier this week. Adam Allen (Adam Aron), CEO of AMC, said in a statement: "in order to successfully guide the way forward, we seek to integrate all financial instruments that may help us. An important tool for any company is that when there is the right value
Hedge fund mogul Aikman may acquire Universal Music and go public to create the biggest SPAC deal to date
According to people familiar with the matter, a special purpose acquisition company of American billionaire investor Bill Aikman is close to completing a merger and listing deal with Universal Music Group (UMG). This will be the largest SPAC deal in the world so far, with Universal Music's valuation reaching around 40 billion US dollars. Southeast Asia ride-hailing software giant Grab and Altimeter Growth Corp. will retire from the SPAC deal after merging. According to SPAC Research, the deal valued Grab at over $30 billion. Influenced by this news, Ai
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