It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns

CNBC2021-07-19

The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street. From the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a...

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Comments

KH17
2021-07-19
KH17
Time in market more important than timing the market
Jenjorjack
2021-07-19
Jenjorjack
Please like comment and follow too. Have a great week ahead
Jenjorjack
2021-07-19
Jenjorjack
Earnings seasons. Can earnings support the price? Will it continue post pandemic? Questions to ask if u are parting with your hard earn money. Please like comment and follow. Will follow u back.
SHAJ
2021-07-19
SHAJ
War looming?
Eded
2021-07-19
Eded
What to do … put money in gold or saving account? Can’t defeat inflation either
- Fanshuu:
  Put in MILO tin ?
NCM
2021-07-19
NCM
What goes up will come down, likewise. It is a cycle.
- SSVC:
  Yes
- CT张:
  Wait for right time
- AetherC:
  Agree

Leave a comment

127

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We are adding debt like we've never seen,\" the former Prudent Bear Fund manager told \"Trading Nation\" on Friday. \"We have the Treasury market acting very strange withratesfalling dramatically.\"\nTice, who's known for making bearish bets during bull markets, now advises theAdvisorShares Ranger Equity Bear ETF, which has $70 million in assets under management. The fund is up 3% over the past month, but it's off 62% over the last two years.\nHe acknowledges it's tough to time the next major pullback, and he's often early. However, Tice is convinced amarket meltdown is unavoidable.\n\"We're not out of the woods yet, and this is a dangerous market,\" Tice reiterated.\nHe's encouraging investorsto weigh the risks: Try to earn 3% to 5% near-term gains while contending with the threat of a 40% pullback? 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I think it's very dangerous to hold today.\"\nDue to his overall bearishness, Tice co-founded hedge fund Morand-Tice Capital Management almost exactly a year ago. It's devoted to metal and mining stocks. Tice, a long-time gold and silver bull, believes it's a once in a decade opportunity for investors.\n\"You look at this lack of discipline in monetary and fiscal markets. Gold is truly the place to be,\" said Tice. \"Over 5,000 years, gold and silver do very well asprotection against fiat money.\"\nGold closed at $1,812.50 an ounce on Friday. It’s down 4% so far this year and up 28% over the past two years. Tice expects the precious metal to rally 10% to $2,000 by December.\n“I would be owning gold, especially gold and silver mining companies. These companies have never been cheaper. Many are at single digit multiples yet have potentially 15 to 20% growth rate in earnings even with this flat gold price,” Tice said. “But then you add on what we think is going to be a 20% annual increase in the gold price, and these companies are going to be outstanding opportunities.”","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":173237353,"gmtCreate":1626661580172,"gmtModify":1703762897350,"author":{"id":"3581725928308654","authorId":"3581725928308654","name":"KH17","avatar":"https://community-static.tradeup.com/news/fca4709c9440c2051f34c45337436bca","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581725928308654","idStr":"3581725928308654"},"htmlText":"Time in market more important than timing the market&nbsp;","listText":"Time in market more important than timing the market&nbsp;","text":"Time in market more important than timing the market","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173237353","repostId":1123755908,"repostType":4,"repost":{"id":"1123755908","pubTimestamp":1626650225,"share":"https://ttm.financial/m/news/1123755908?lang=&edition=fundamental","pubTime":"2021-07-19 07:17","market":"us","language":"en","title":"It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1123755908","media":"CNBC","summary":"The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim ","content":"<div>\n<p>The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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We are adding debt like we've never seen,\" the former Prudent Bear Fund manager told \"Trading Nation\" on Friday. \"We have the Treasury market acting very strange withratesfalling dramatically.\"\nTice, who's known for making bearish bets during bull markets, now advises theAdvisorShares Ranger Equity Bear ETF, which has $70 million in assets under management. The fund is up 3% over the past month, but it's off 62% over the last two years.\nHe acknowledges it's tough to time the next major pullback, and he's often early. However, Tice is convinced amarket meltdown is unavoidable.\n\"We're not out of the woods yet, and this is a dangerous market,\" Tice reiterated.\nHe's encouraging investorsto weigh the risks: Try to earn 3% to 5% near-term gains while contending with the threat of a 40% pullback? Tice thinks it's a bet not worth taking.\nTice is particularly worried aboutBig Techand the FAANG stocks, which includeFacebook,Apple,Amazon,NetflixandAlphabet, formerly known as Google.\n\"A lot of money has been thrown at Alphabet andMicrosoft, Apple and Facebook,Twitter, etc.,\" noted Tice. \"Costs are going up in that sector.\"\nBitcoin is 'very dangerous to hold today'\nHe's also urging investors to be vigilant in the cryptocurrency space. Tice, who came into the year as a bitcoin bull, turned bearish onbitcoinwhen it hit all-time highs in March.\n\"We had a bitcoin position when bitcoin was at $10,000,\" Tice said. \"However, when it got to $60,000 we felt like that was long in the tooth... Lately, there's been a lot more uproar from central bankers, Bank for International Settlements [and] the Bank of England have made profound negative statements. I think it's very dangerous to hold today.\"\nDue to his overall bearishness, Tice co-founded hedge fund Morand-Tice Capital Management almost exactly a year ago. It's devoted to metal and mining stocks. Tice, a long-time gold and silver bull, believes it's a once in a decade opportunity for investors.\n\"You look at this lack of discipline in monetary and fiscal markets. Gold is truly the place to be,\" said Tice. \"Over 5,000 years, gold and silver do very well asprotection against fiat money.\"\nGold closed at $1,812.50 an ounce on Friday. It’s down 4% so far this year and up 28% over the past two years. Tice expects the precious metal to rally 10% to $2,000 by December.\n“I would be owning gold, especially gold and silver mining companies. These companies have never been cheaper. Many are at single digit multiples yet have potentially 15 to 20% growth rate in earnings even with this flat gold price,” Tice said. “But then you add on what we think is going to be a 20% annual increase in the gold price, and these companies are going to be outstanding opportunities.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173604494,"gmtCreate":1626655947118,"gmtModify":1703762727889,"author":{"id":"3554873215379647","authorId":"3554873215379647","name":"Jenjorjack","avatar":"https://static.tigerbbs.com/d9d4687aa5519f0d2fb1b18f916be861","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"3554873215379647","idStr":"3554873215379647"},"htmlText":"Please like comment and follow too. Have a great week ahead","listText":"Please like comment and follow too. Have a great week ahead","text":"Please like comment and follow too. Have a great week ahead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173604494","repostId":1123755908,"repostType":4,"repost":{"id":"1123755908","pubTimestamp":1626650225,"share":"https://ttm.financial/m/news/1123755908?lang=&edition=fundamental","pubTime":"2021-07-19 07:17","market":"us","language":"en","title":"It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1123755908","media":"CNBC","summary":"The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim ","content":"<div>\n<p>The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIt’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 07:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1123755908","content_text":"The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a “very dangerous period” for investors right now.\n\"Themarketis very overpriced in terms of future earnings. We are adding debt like we've never seen,\" the former Prudent Bear Fund manager told \"Trading Nation\" on Friday. \"We have the Treasury market acting very strange withratesfalling dramatically.\"\nTice, who's known for making bearish bets during bull markets, now advises theAdvisorShares Ranger Equity Bear ETF, which has $70 million in assets under management. The fund is up 3% over the past month, but it's off 62% over the last two years.\nHe acknowledges it's tough to time the next major pullback, and he's often early. However, Tice is convinced amarket meltdown is unavoidable.\n\"We're not out of the woods yet, and this is a dangerous market,\" Tice reiterated.\nHe's encouraging investorsto weigh the risks: Try to earn 3% to 5% near-term gains while contending with the threat of a 40% pullback? Tice thinks it's a bet not worth taking.\nTice is particularly worried aboutBig Techand the FAANG stocks, which includeFacebook,Apple,Amazon,NetflixandAlphabet, formerly known as Google.\n\"A lot of money has been thrown at Alphabet andMicrosoft, Apple and Facebook,Twitter, etc.,\" noted Tice. \"Costs are going up in that sector.\"\nBitcoin is 'very dangerous to hold today'\nHe's also urging investors to be vigilant in the cryptocurrency space. Tice, who came into the year as a bitcoin bull, turned bearish onbitcoinwhen it hit all-time highs in March.\n\"We had a bitcoin position when bitcoin was at $10,000,\" Tice said. \"However, when it got to $60,000 we felt like that was long in the tooth... Lately, there's been a lot more uproar from central bankers, Bank for International Settlements [and] the Bank of England have made profound negative statements. I think it's very dangerous to hold today.\"\nDue to his overall bearishness, Tice co-founded hedge fund Morand-Tice Capital Management almost exactly a year ago. It's devoted to metal and mining stocks. Tice, a long-time gold and silver bull, believes it's a once in a decade opportunity for investors.\n\"You look at this lack of discipline in monetary and fiscal markets. Gold is truly the place to be,\" said Tice. \"Over 5,000 years, gold and silver do very well asprotection against fiat money.\"\nGold closed at $1,812.50 an ounce on Friday. It’s down 4% so far this year and up 28% over the past two years. Tice expects the precious metal to rally 10% to $2,000 by December.\n“I would be owning gold, especially gold and silver mining companies. These companies have never been cheaper. Many are at single digit multiples yet have potentially 15 to 20% growth rate in earnings even with this flat gold price,” Tice said. “But then you add on what we think is going to be a 20% annual increase in the gold price, and these companies are going to be outstanding opportunities.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173605782,"gmtCreate":1626655893746,"gmtModify":1703762726257,"author":{"id":"3554873215379647","authorId":"3554873215379647","name":"Jenjorjack","avatar":"https://static.tigerbbs.com/d9d4687aa5519f0d2fb1b18f916be861","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"3554873215379647","idStr":"3554873215379647"},"htmlText":"Earnings seasons. Can earnings support the price? Will it continue post pandemic? Questions to ask if u are parting with your hard earn money. Please like comment and follow. Will follow u back.&nbsp;","listText":"Earnings seasons. Can earnings support the price? Will it continue post pandemic? Questions to ask if u are parting with your hard earn money. Please like comment and follow. Will follow u back.&nbsp;","text":"Earnings seasons. Can earnings support the price? Will it continue post pandemic? Questions to ask if u are parting with your hard earn money. Please like comment and follow. Will follow u back.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173605782","repostId":1123755908,"repostType":4,"repost":{"id":"1123755908","pubTimestamp":1626650225,"share":"https://ttm.financial/m/news/1123755908?lang=&edition=fundamental","pubTime":"2021-07-19 07:17","market":"us","language":"en","title":"It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1123755908","media":"CNBC","summary":"The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim ","content":"<div>\n<p>The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIt’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 07:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1123755908","content_text":"The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a “very dangerous period” for investors right now.\n\"Themarketis very overpriced in terms of future earnings. We are adding debt like we've never seen,\" the former Prudent Bear Fund manager told \"Trading Nation\" on Friday. \"We have the Treasury market acting very strange withratesfalling dramatically.\"\nTice, who's known for making bearish bets during bull markets, now advises theAdvisorShares Ranger Equity Bear ETF, which has $70 million in assets under management. The fund is up 3% over the past month, but it's off 62% over the last two years.\nHe acknowledges it's tough to time the next major pullback, and he's often early. However, Tice is convinced amarket meltdown is unavoidable.\n\"We're not out of the woods yet, and this is a dangerous market,\" Tice reiterated.\nHe's encouraging investorsto weigh the risks: Try to earn 3% to 5% near-term gains while contending with the threat of a 40% pullback? Tice thinks it's a bet not worth taking.\nTice is particularly worried aboutBig Techand the FAANG stocks, which includeFacebook,Apple,Amazon,NetflixandAlphabet, formerly known as Google.\n\"A lot of money has been thrown at Alphabet andMicrosoft, Apple and Facebook,Twitter, etc.,\" noted Tice. \"Costs are going up in that sector.\"\nBitcoin is 'very dangerous to hold today'\nHe's also urging investors to be vigilant in the cryptocurrency space. Tice, who came into the year as a bitcoin bull, turned bearish onbitcoinwhen it hit all-time highs in March.\n\"We had a bitcoin position when bitcoin was at $10,000,\" Tice said. \"However, when it got to $60,000 we felt like that was long in the tooth... Lately, there's been a lot more uproar from central bankers, Bank for International Settlements [and] the Bank of England have made profound negative statements. I think it's very dangerous to hold today.\"\nDue to his overall bearishness, Tice co-founded hedge fund Morand-Tice Capital Management almost exactly a year ago. It's devoted to metal and mining stocks. Tice, a long-time gold and silver bull, believes it's a once in a decade opportunity for investors.\n\"You look at this lack of discipline in monetary and fiscal markets. Gold is truly the place to be,\" said Tice. \"Over 5,000 years, gold and silver do very well asprotection against fiat money.\"\nGold closed at $1,812.50 an ounce on Friday. It’s down 4% so far this year and up 28% over the past two years. Tice expects the precious metal to rally 10% to $2,000 by December.\n“I would be owning gold, especially gold and silver mining companies. These companies have never been cheaper. Many are at single digit multiples yet have potentially 15 to 20% growth rate in earnings even with this flat gold price,” Tice said. “But then you add on what we think is going to be a 20% annual increase in the gold price, and these companies are going to be outstanding opportunities.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173871169,"gmtCreate":1626655267951,"gmtModify":1703762705766,"author":{"id":"3573708491598785","authorId":"3573708491598785","name":"SHAJ","avatar":"https://static.tigerbbs.com/bd7cb9c446f2a757b685fbfa4ef1dbd9","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3573708491598785","idStr":"3573708491598785"},"htmlText":"War looming?","listText":"War looming?","text":"War looming?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173871169","repostId":1123755908,"repostType":4,"repost":{"id":"1123755908","pubTimestamp":1626650225,"share":"https://ttm.financial/m/news/1123755908?lang=&edition=fundamental","pubTime":"2021-07-19 07:17","market":"us","language":"en","title":"It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1123755908","media":"CNBC","summary":"The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim ","content":"<div>\n<p>The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIt’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 07:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1123755908","content_text":"The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a “very dangerous period” for investors right now.\n\"Themarketis very overpriced in terms of future earnings. We are adding debt like we've never seen,\" the former Prudent Bear Fund manager told \"Trading Nation\" on Friday. \"We have the Treasury market acting very strange withratesfalling dramatically.\"\nTice, who's known for making bearish bets during bull markets, now advises theAdvisorShares Ranger Equity Bear ETF, which has $70 million in assets under management. The fund is up 3% over the past month, but it's off 62% over the last two years.\nHe acknowledges it's tough to time the next major pullback, and he's often early. However, Tice is convinced amarket meltdown is unavoidable.\n\"We're not out of the woods yet, and this is a dangerous market,\" Tice reiterated.\nHe's encouraging investorsto weigh the risks: Try to earn 3% to 5% near-term gains while contending with the threat of a 40% pullback? Tice thinks it's a bet not worth taking.\nTice is particularly worried aboutBig Techand the FAANG stocks, which includeFacebook,Apple,Amazon,NetflixandAlphabet, formerly known as Google.\n\"A lot of money has been thrown at Alphabet andMicrosoft, Apple and Facebook,Twitter, etc.,\" noted Tice. \"Costs are going up in that sector.\"\nBitcoin is 'very dangerous to hold today'\nHe's also urging investors to be vigilant in the cryptocurrency space. Tice, who came into the year as a bitcoin bull, turned bearish onbitcoinwhen it hit all-time highs in March.\n\"We had a bitcoin position when bitcoin was at $10,000,\" Tice said. \"However, when it got to $60,000 we felt like that was long in the tooth... Lately, there's been a lot more uproar from central bankers, Bank for International Settlements [and] the Bank of England have made profound negative statements. I think it's very dangerous to hold today.\"\nDue to his overall bearishness, Tice co-founded hedge fund Morand-Tice Capital Management almost exactly a year ago. It's devoted to metal and mining stocks. Tice, a long-time gold and silver bull, believes it's a once in a decade opportunity for investors.\n\"You look at this lack of discipline in monetary and fiscal markets. Gold is truly the place to be,\" said Tice. \"Over 5,000 years, gold and silver do very well asprotection against fiat money.\"\nGold closed at $1,812.50 an ounce on Friday. It’s down 4% so far this year and up 28% over the past two years. Tice expects the precious metal to rally 10% to $2,000 by December.\n“I would be owning gold, especially gold and silver mining companies. These companies have never been cheaper. Many are at single digit multiples yet have potentially 15 to 20% growth rate in earnings even with this flat gold price,” Tice said. “But then you add on what we think is going to be a 20% annual increase in the gold price, and these companies are going to be outstanding opportunities.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":173849453,"gmtCreate":1626654635072,"gmtModify":1703762689233,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581980965309451","idStr":"3581980965309451"},"htmlText":"What to do … put money in gold or saving account? Can’t defeat inflation either&nbsp;","listText":"What to do … put money in gold or saving account? Can’t defeat inflation either&nbsp;","text":"What to do … put money in gold or saving account? Can’t defeat inflation either","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/173849453","repostId":1123755908,"repostType":4,"repost":{"id":"1123755908","pubTimestamp":1626650225,"share":"https://ttm.financial/m/news/1123755908?lang=&edition=fundamental","pubTime":"2021-07-19 07:17","market":"us","language":"en","title":"It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1123755908","media":"CNBC","summary":"The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim ","content":"<div>\n<p>The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIt’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 07:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1123755908","content_text":"The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a “very dangerous period” for investors right now.\n\"Themarketis very overpriced in terms of future earnings. We are adding debt like we've never seen,\" the former Prudent Bear Fund manager told \"Trading Nation\" on Friday. \"We have the Treasury market acting very strange withratesfalling dramatically.\"\nTice, who's known for making bearish bets during bull markets, now advises theAdvisorShares Ranger Equity Bear ETF, which has $70 million in assets under management. The fund is up 3% over the past month, but it's off 62% over the last two years.\nHe acknowledges it's tough to time the next major pullback, and he's often early. However, Tice is convinced amarket meltdown is unavoidable.\n\"We're not out of the woods yet, and this is a dangerous market,\" Tice reiterated.\nHe's encouraging investorsto weigh the risks: Try to earn 3% to 5% near-term gains while contending with the threat of a 40% pullback? Tice thinks it's a bet not worth taking.\nTice is particularly worried aboutBig Techand the FAANG stocks, which includeFacebook,Apple,Amazon,NetflixandAlphabet, formerly known as Google.\n\"A lot of money has been thrown at Alphabet andMicrosoft, Apple and Facebook,Twitter, etc.,\" noted Tice. \"Costs are going up in that sector.\"\nBitcoin is 'very dangerous to hold today'\nHe's also urging investors to be vigilant in the cryptocurrency space. Tice, who came into the year as a bitcoin bull, turned bearish onbitcoinwhen it hit all-time highs in March.\n\"We had a bitcoin position when bitcoin was at $10,000,\" Tice said. \"However, when it got to $60,000 we felt like that was long in the tooth... Lately, there's been a lot more uproar from central bankers, Bank for International Settlements [and] the Bank of England have made profound negative statements. I think it's very dangerous to hold today.\"\nDue to his overall bearishness, Tice co-founded hedge fund Morand-Tice Capital Management almost exactly a year ago. It's devoted to metal and mining stocks. Tice, a long-time gold and silver bull, believes it's a once in a decade opportunity for investors.\n\"You look at this lack of discipline in monetary and fiscal markets. Gold is truly the place to be,\" said Tice. \"Over 5,000 years, gold and silver do very well asprotection against fiat money.\"\nGold closed at $1,812.50 an ounce on Friday. It’s down 4% so far this year and up 28% over the past two years. Tice expects the precious metal to rally 10% to $2,000 by December.\n“I would be owning gold, especially gold and silver mining companies. These companies have never been cheaper. Many are at single digit multiples yet have potentially 15 to 20% growth rate in earnings even with this flat gold price,” Tice said. “But then you add on what we think is going to be a 20% annual increase in the gold price, and these companies are going to be outstanding opportunities.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5257597,"gmtCreate":1626655887766,"gmtModify":1635226406172,"authorId":3576629019645766,"author":{"id":3576629019645766,"idStr":"3576629019645766","authorId":3576629019645766,"name":"Fanshuu","avatar":"https://static.tigerbbs.com/27c3506ac91aba524d8796fabd50c2f8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173849453,"type":1,"supId":0,"prevId":0,"content":"Put in MILO tin ?","text":"Put in MILO tin ?","html":"Put in MILO tin ?"}],"langContent":"EN"},{"id":173821680,"gmtCreate":1626653746840,"gmtModify":1703762661847,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3567832114052050","idStr":"3567832114052050"},"htmlText":"What goes up will come down, likewise.&nbsp;It is a&nbsp;cycle.","listText":"What goes up will come down, likewise.&nbsp;It is a&nbsp;cycle.","text":"What goes up will come down, likewise. It is a cycle.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/173821680","repostId":1123755908,"repostType":4,"repost":{"id":"1123755908","pubTimestamp":1626650225,"share":"https://ttm.financial/m/news/1123755908?lang=&edition=fundamental","pubTime":"2021-07-19 07:17","market":"us","language":"en","title":"It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1123755908","media":"CNBC","summary":"The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim ","content":"<div>\n<p>The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIt’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 07:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1123755908","content_text":"The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a “very dangerous period” for investors right now.\n\"Themarketis very overpriced in terms of future earnings. We are adding debt like we've never seen,\" the former Prudent Bear Fund manager told \"Trading Nation\" on Friday. \"We have the Treasury market acting very strange withratesfalling dramatically.\"\nTice, who's known for making bearish bets during bull markets, now advises theAdvisorShares Ranger Equity Bear ETF, which has $70 million in assets under management. The fund is up 3% over the past month, but it's off 62% over the last two years.\nHe acknowledges it's tough to time the next major pullback, and he's often early. However, Tice is convinced amarket meltdown is unavoidable.\n\"We're not out of the woods yet, and this is a dangerous market,\" Tice reiterated.\nHe's encouraging investorsto weigh the risks: Try to earn 3% to 5% near-term gains while contending with the threat of a 40% pullback? Tice thinks it's a bet not worth taking.\nTice is particularly worried aboutBig Techand the FAANG stocks, which includeFacebook,Apple,Amazon,NetflixandAlphabet, formerly known as Google.\n\"A lot of money has been thrown at Alphabet andMicrosoft, Apple and Facebook,Twitter, etc.,\" noted Tice. \"Costs are going up in that sector.\"\nBitcoin is 'very dangerous to hold today'\nHe's also urging investors to be vigilant in the cryptocurrency space. Tice, who came into the year as a bitcoin bull, turned bearish onbitcoinwhen it hit all-time highs in March.\n\"We had a bitcoin position when bitcoin was at $10,000,\" Tice said. \"However, when it got to $60,000 we felt like that was long in the tooth... Lately, there's been a lot more uproar from central bankers, Bank for International Settlements [and] the Bank of England have made profound negative statements. I think it's very dangerous to hold today.\"\nDue to his overall bearishness, Tice co-founded hedge fund Morand-Tice Capital Management almost exactly a year ago. It's devoted to metal and mining stocks. Tice, a long-time gold and silver bull, believes it's a once in a decade opportunity for investors.\n\"You look at this lack of discipline in monetary and fiscal markets. Gold is truly the place to be,\" said Tice. \"Over 5,000 years, gold and silver do very well asprotection against fiat money.\"\nGold closed at $1,812.50 an ounce on Friday. It’s down 4% so far this year and up 28% over the past two years. Tice expects the precious metal to rally 10% to $2,000 by December.\n“I would be owning gold, especially gold and silver mining companies. These companies have never been cheaper. Many are at single digit multiples yet have potentially 15 to 20% growth rate in earnings even with this flat gold price,” Tice said. “But then you add on what we think is going to be a 20% annual increase in the gold price, and these companies are going to be outstanding opportunities.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5313013,"gmtCreate":1627088222273,"gmtModify":1663231412534,"authorId":3574906731000207,"author":{"id":3574906731000207,"idStr":"3574906731000207","authorId":3574906731000207,"name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173821680,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"},{"id":5282399,"gmtCreate":1626866028340,"gmtModify":1663231264827,"authorId":3567405836379857,"author":{"id":3567405836379857,"idStr":"3567405836379857","authorId":3567405836379857,"name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173821680,"type":1,"supId":0,"prevId":0,"content":"Wait for right time","text":"Wait for right time","html":"Wait for right time"},{"id":5258108,"gmtCreate":1626658538219,"gmtModify":1663231145627,"authorId":3582258408396089,"author":{"id":3582258408396089,"idStr":"3582258408396089","authorId":3582258408396089,"name":"AetherC","avatar":"https://static.tigerbbs.com/0e9d2b2288d3ec3cb10339c5902876c8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":173821680,"type":1,"supId":0,"prevId":0,"content":"Agree","text":"Agree","html":"Agree"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":127,"commentSize":32,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1123755908"}