Aussie house prices haven’t fallen. But that hasn’t stopped people (including your editor) from predicting a catastrophic fall.
What makes Blockchain so special is that it’s spread over a network of nodes, thus encouraging transparency. It’s a system that works ‘without relying on trust’.
Persistent low rates have not caused inflation, but they have caused asset bubbles, which threaten to pop and unleash a financial panic on their own — independent of tight financial conditions.
It may not seem important, but where the gold price goes next could provide a major clue on the health (or otherwise) of the world’s economy.
In today’s video update Kris looks at the Australian government’s first ever issue of a 30-year bond, and explains why the government is doing it…
Australia will launch its first ever 30-year bond. Now the government’s debt will officially put a burden on this generation’s grandchildren.
Let’s consider specific threats to your wealth that emanate from these risks: systemic collapse, asset bubbles, and lost confidence in the ability of central banks to respond to crises.
Aussie banks have had a stellar run over the last couple of decades. But the mistake those in Canberra, make is to assume that good times will always roll.
Gold is volatile for one reason. Investors remain infatuated with the next US Federal Reserve interest rate decision. The Fed next meets in November. Investors don’t believe the Fed will do anything at that meeting.
While a period of sustainably low Aussie interest rates doesn’t guarantee a new stock market boom, it’s by no means out of the question.