We’re all for technology. We love any technology that helps improve things. But a central bank-controlled e-money system isn’t an improvement.
China is churning out oceans full of unprofitable steel because it’s the only way it can keep economic growth from stalling. To state the obvious, this is an unsustainable growth model.
It’s a Tom and Jerry market. Here’s how it works… The Fed thinks the economy is recovering and makes noises about raising rates at some time in the future.
What we are witnessing in the US and Europe is the tip of the ‘social and political revolution iceberg’. When people lose jobs, money and hope, the social mood darkens.
Not only are mass pay cuts coming to the Aussie market, they’re already happening. And it could set the country back 20 years.
When an economy the size of China grows, creates opportunities or makes mistakes, they will be felt by those smaller economies close to it, like Australia.
Despite arguing that gold will crash to US$931 per ounce in the short term, I believe the yellow metal will quadruple in the medium to long term.
Do not buy another ounce of gold until you read the three main arguments mainstream economists make against gold… and why they’re dead wrong.
The more consistent a stock’s income stream is, and the more its dividends grow (sustainably), the higher the value the market will put on it.
For nearly two years, the global oil market has been flooded with excess supply. Yet, putting a strong bid under crude this year, punters have chosen to ignore this fact.