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Michael Burry gained fame in 2008 by accurately predicting the crash of the U.S. housing market. His wager against mortgage-backed securities was featured in Michael Lewis's book"The Big Short" and the subsequent Oscar-winning film with the same title.as a portfolio diversifier because it is the only form of “good money,” as fiat currencies are devalued by default or inflation risks.bull.
The fund’s position in JD.com increased by 80% and is now valued at $9.9 million; at the same time, its stake in Alibaba increased by 67% and is now valued at $9 million. - Slack continues to build in the U.S. Labor market as the number of American workers applying for first-time unemployment benefits remains at elevated levels. However, the gold market is seeing little reaction to the latest labor market data. - The gold market is trading near session lows after the Philadelphia Federal Reserve's manufacturing sector survey disappointed market forecasters this month.
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