Automation, robotics, and 3D printing will obliterate China’s low-cost, state-subsidised manufacturing industry.
We knew the romance around the ‘sharing economy’ wouldn’t last forever. Uber and other ‘sharing’ businesses have had a neat run of it.
Since 2000, gold has greatly outperformed every other asset you can think of. So in that sense, gold performs an important insurance function.
Few others in the world know gold like economist, intelligence expert and author Jim Rickards.
Gold has value because it requires effort to produce it. Gold has value because it isn’t replicable. A central bank can’t create new gold on demand.
Year-over-year earnings to 30 June 2016 have declined by 3.5%. Are we in a new era of valuation, where past valuation metrics no longer apply?
One of the most important recent developments is the emergence of virtual currencies (VCs). VCs are issued without the involvement or backing of a state.
If you wanted to invest in bitcoins and the blockchain, you wouldn’t go out and buy bitcoins. Instead it would be preferable to invest in companies on the forefront of blockchain technology.
Australia doesn’t have enough private savings to bid for many of these large assets, so there were always going to be foreign investors in the mix.
For all intents and purposes, School of Advanced International Studies (SAIS) is the intellectual boot camp for the IMF. Many SAIS graduates go directly into the IMF.