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Erling Haaland to miss Manchester City’s Premier League game against Leicester City on Saturday

In Saturday's Premier League encounter between Manchester City and Leicester City, Erling Haaland will not participate. The player, who has scored 22 goals this season, continues to struggle with his foot injury.

By ET Spotlight Special |
Agencies
Erling Haaland
Erling Haaland is ruled out of Saturday's Premier League match between Manchester City and Leicester City.

The Manchester City striker was replaced during Tuesday's scoreless Champions League game with Borussia Dortmund. Erling Haaland has scored 22 goals in all competitions this season.



John Hathaway's 10 rules to keep in mind before investing in gold
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Eminent portfolio manager John Hathaway says investing in gold is the best antidote to the toxic combination of reckless monetary policies and mass delusion that investors suffer from.

Hathaway says the most vital reason to own gold and gold-related stocks is that yellow metal acts as a store of value in the event of monetary disorder, which are quite common these days.

“Gold is a controversial, anti-establishment investment. Therefore, do not rely on conventional financial media and brokerage house commentary. In this area, such commentary is even more misleading and ill-informed than usual,” he said in an interview to a financial website.

Eminent portfolio manager John Hathaway says investing in gold is the best antidote to the toxic combination of reckless monetary policies and mass delusion that investors suffer from.Hathaway says t..
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John Hathaway is a famous portfolio manager who joined Sprott Asset Management in January 2020. Hathaway is a Portfolio Manager of Sprott Hathaway Special Situations Strategy and Co-Portfolio Manager of the Sprott Gold Equity Fund.

Hathaway earned a B.A. from Harvard College and an MBA from the University of Virginia and also holds CFA designation. Hathaway began his career in 1970 as an equity analyst with Spencer Trask & Co.

Previously, Hathaway joined Tocqueville Asset Management L.P. in 1997 where he was a Co-Portfolio Manager of the Tocqueville Gold Fund.
John Hathaway is a famous portfolio manager who joined Sprott Asset Management in January 2020. Hathaway is a Portfolio Manager of Sprott Hathaway Special Situations Strategy and Co-Portfolio Manager..
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In the interview, Hathaway offered ten nuggets of practical wisdom for those contemplating gold ownership. Let's look at these points-


In the interview, Hathaway offered ten nuggets of practical wisdom for those contemplating gold ownership. Let's look at these points-
Hathaway says if investors expect or fear rising inflation, destabilizing deflation, a bear market in stocks or bonds, or financial turmoil, they should consider investing in gold. Understanding the internal dynamics of the gold market can be helpful in investment timing issues.

Hathaway says the weekly position reports of commodity trading funds or sentiment indicators offer useful clues as to entry or exit points for active trading strategies but none of these reports yields any insight as to the broad market trend.

"The same can be said for reports of central bank selling and lending activity. Central banks are bureaucratic institutions and in their judgements, they are essentially market trend followers," he says.

Hathaway says if investors expect or fear rising inflation, destabilizing deflation, a bear market in stocks or bonds, or financial turmoil, they should consider investing in gold. Understanding the ..
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Hathaway says returns from a “buy and hold” strategy should be more than sufficient to compensate for the inherent gold volatility.

"Many who have tried to outsmart this market by hyperactive trading have underperformed. Success is dependent in large part on the occurrence of “fat tail” events that lie outside the parameters of trading models," he says.

Hathaway says returns from a “buy and hold” strategy should be more than sufficient to compensate for the inherent gold volatility."Many who have tried to outsmart this market by hyperactive trading ..
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Hathaway says investors should have a reasonable allocation in a conservative, diversified portfolio of around 0-3% during a gold bear market and 5%-10% during a bull market.

Hathaway says investors should have a reasonable allocation in a conservative, diversified portfolio of around 0-3% during a gold bear market and 5%-10% during a bull market.
Hathaway says gold equities tend to appear expensive in comparison to those of conventional companies because they contain an embedded option component for a possible rise in the gold price.

"The share price sensitivity to a hypothetical rise in metal price is related to the cash flow from current production as well as the valuation impact on proven and probable reserves," he says.

Hathaway says gold equities tend to appear expensive in comparison to those of conventional companies because they contain an embedded option component for a possible rise in the gold price."The shar..
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Hathaway says investors should review financial statements of companies and give special attention to hedging arrangements as it could undermine participation in higher gold prices or even jeopardize financial stability.

"Individual stock selection is less important than identification of the primary trend," he says.

Hathaway says investors should review financial statements of companies and give special attention to hedging arrangements as it could undermine participation in higher gold prices or even jeopardize..
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Hathaway says even though gold itself is a conservative investment, “gold fever” attracts a crowd of speculators and promoters who only want to separate investors from their money.

"Avoid offbeat “exploration” companies with little or no current production and gargantuan appetites for new money," he says.

Hathaway says even though gold itself is a conservative investment, “gold fever” attracts a crowd of speculators and promoters who only want to separate investors from their money."Avoid offbeat “exp..
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Hathaway says gold provides greater liquidity for large pools of capital and investing in the physical metal requires scrutinizing the custodial arrangements and the creditworthiness of the financial institution.

"Do not mistake the promise of a financial institution to settle based on the gold price, for example, a “gold certificate” or a “structured note”, (i.e. derivative), for the actual physical possession of the metal. Insist on possession in a segregated vault, subject to unscheduled audits, and inaccessible to the trading arrangements or financial interest of the financial institution," he says.

Hathaway says gold provides greater liquidity for large pools of capital and investing in the physical metal requires scrutinizing the custodial arrangements and the creditworthiness of the financial..
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Erling Haaland's Foot Injury

Manchester City boss Pep Guardiola attempted to downplay the choice of replacing Haaland at the game by claiming that the striker had foot issues and was unwell even before the match began.

On Friday, Guardiola spoke about Erling Haaland’s foot injury during his pregame press conference.

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Guardiola claimed that Erling Haaland’s health was better. Additionally, Guardiola said that they were scheduled to train that afternoon before an evaluation. Before making a choice, the Manchester City boss said that they will see how Erling Haaland feels about his foot injury.

Julian Alvarez to Replace Haaland

The 22-year-old Argentine Julian Alvarez might replace Erling Haaland. Pep Guardiola had said that his top choice to replace Erling Haaland if he cannot play the upcoming match is Julian Alvarez.

Guardiola made seven changes for the trip to Leicester due to the availability of Kevin de Bruyne, Ederson, and Jack Grealish. Phil Foden is seated on the sidelines.


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FAQs


Does Erling Haaland have an injury?
Pep Guardiola replaced Erling Haaland in Dortmund halfway through the match with Borussia Dortmund and revealed that the striker had a slight fever and a foot problem.

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How much is Erling Haaland worth?
Norway's Erling Haaland, a football prodigy, has a value of more than €80M ($155M vs €120M at the end of October (+$35M)).

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