A timely reminder of just how opaque this shadow banking underbelly is. Financial systems that have the power to erode retail investor wealth even when you
The Commonwealth Bank of Australia [ASX:CBA] share price is down 1.25% today at 3pm after announcing on Wednesday its own ‘buy now, pay later’ offering — CommBank BNPL.
When I look at what's happening in the stock market right now, I feel like I'm living in some kind of Topsy Turvy nightmare. One where investors have become terrified of inflation, while central bankers have simply shrugged it off...
Cash savings get flushed out by inflation and ultra-low interest rates. That is if you are getting .5% on your cash savings account, and inflation is 3%, you are just haemorrhaging money by keeping it there...
China took the first step towards launching its central bank backed digital currency (CBDC). Fintechs like Ant Financial are aggressively remodelling the concept of money and central banks are as fearful as their second...
It’s been another wild and whacky week for markets. With the ASX flip-flopping between green and red since last Thursday. So, could that be a sign of further risk to come?
Massive spending and tax hikes will have huge implications for the future of money and the global monetary system, which is why I’m tipping Bitcoin [BTC] to beat all other asset classes again this year...
In today’s Money Morning…the country of Kazakhstan could be about to become both an energy and financial powerhouse…cryptos and energy intersect…the end of the petrodollar and the start of something new…
If you haven’t already heard, bitcoin has been on a tear lately. In fact, it’s been on a tear for most of 2020. Overnight bitcoin briefly breached the US$18,000 mark for the first time since 2017. Rising just over 15% in the past week alone...
The RBA has not so quietly unleashed a storm of funny money. Announcing an interest rate cut and $100 Billion in quantitative easing (QE). The consequences will take years to fully understand, but the RBA’s determination to give the beast what it wants...