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“I Can’t Get My Money Out”: Billionaire Mark Mobius Says China Blocking Investment Outflows

March 6, 2023 3:24 pm

Emerging markets investment pioneer Mark Mobius says that China is blocking his ability to withdraw money from the world’s second-largest economy (ZeroHedge) “I’m personally affected because I have an account with HSBC in Shanghai. I can’t get my money out. …

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Mark Mobius predicts bitcoin could crash 40% to $10,000 next year

December 2, 2022 12:25 pm

Bitcoin could crash to $10,000, a more than 40% plunge from current prices, veteran investor Mark Mobius told CNBC on Thursday. While Mobius expects bitcoin to hover around its current $17,000 level, the move to $10,000 could happen in 2023, …

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Legendary Investor Mark Mobius Endorses the 10% Golden Rule

September 1, 2021 7:13 pm

by Frank Holmes, CEO, U.S. Global Investors Mark Mobius, the legendary emerging markets investor, says that 10% of investors’ portfolios should be in gold in anticipation of currency devaluation as a result of unprecedented stimulus measures. Speaking to Bloomberg on Monday, Mobius …

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Investor Mark Mobius Predicts 30 Percent Drop In US Stocks

May 31, 2018 12:51 pmMay 31, 2018 11:04 am

via @chengevelyn “I think a 30 percent correction in the [U.S.] markets is not unforeseen,” Mark Mobius, co-founder of Mobius Capital Partners, said on CNBC’s “Power Lunch.” “I think this is quite possible. I’m not predicting it tomorrow or next week, but …

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Investing legend Mobius: Cryptocurrency crackdowns will spark a rush to gold

September 6, 2017 8:23 pm

From Bloomberg: Mark Mobius is sensing danger in the explosive growth of cryptocurrencies. Governments will begin clamping down on digital currencies because of their use in illicit financing, with terrorist groups to drug dealers contributing to their rise, Mobius, executive …

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