Few others in the world know gold like economist, intelligence expert and author Jim Rickards.
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.
–All-time highs in the US again overnight! –Only this time, the major exchanges acted in unison. The Dow, the S&P 500 and the NASDAQ hit all-time highs together for the first time since 1999. –Nothing major happened to send the…
The Reserve Bank’s ability to create inflation is akin to a power to tax. After all, inflation reduces our purchasing power just like tax. The Reserve Bank’s legislation should be updated to set out how much inflation the government and parliament expects.
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.
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.
US company earnings continue to falter, and the gap between actual and expected earnings continues to grow.
Wall Street believes that US companies will increase earnings by 16%. See for yourself. When was the last time that happened?