The Upcoming Interest Rates Shock You Should Prepare For ‘[John Williams, President, Federal Reserve Bank of San Francisco] added that there would be benefits in having an open-ended programme of QE…The main benefit from my point of view is it will get the markets to stop focusing on the terminal date [when a programme of purchases…
How Gold Stocks Could Become Your Gilded Lifeboat Gold News – Money Morning – Dr. Alex Cowie - Editor There’s an old joke that goes something like this… Q: What’s the difference between gold stock investors… and a pigeon? A: The pigeon is able to put a deposit on a BMW. But are long-suffering gold stock…
Oil Trading Analysis – Four Things Suppressing Crude Oil Prices 10/7/2012 – Article written by Dr. Kent Moors, Contributing Editor, Money Morning The collapse of talks between Iran and the “Big 6″ (the five permanent members of the UN Security Council plus Germany) should have accelerated international crude oil prices. And yes, they are higher. But…
What I Wish Ben Bernanke Knew About Japan’s Economy Editors notes: This Wednesday will see the latest FOMC meeting minutes revealed. These are released 8 times each year and offer a detailed analysis opportunity into the FOMC’s most recent meet. Market participants will be eager to gain an insight into the economic and financial conditions that influenced votes behind the extension of operation…
The Austrian Banking Collapse That Predicts Trouble For Australia Article from Money Morning Australia – Written by Greg Canavan Years ago I read The Great Depression by Lionel Robbins. He was an eminent British economist who took over the chair of the London School of Economics in 1929. A young Friedrich A. Hayek was one…
Did the European Summit Change the Market Trend? Article from MoneyMorning Australia – 5th July 2012 – Murray Dawes I don’t often get to write to you about my market views, so I thought I’d quickly point out that I think this market rally will soon meet some pretty stiff resistance. In fact, I am…
Why Government Intervention Hinders Progress and Innovation Kris Sayce- Editor, Money Morning ‘The success of Asian economies such as Korea didn’t happen through the ideological miracle of economic bushfires, where the conditions need to be just right for their creation naturally. ‘They were deliberately built through considered and targeted government policy – picking winners…
Gold Standard Returning Through the Back Door Article written by Bengt Saelensminde, Contributing Editor, Money Morning Here’s the problem with the debt crisis in Europe… Every time we see another ailing European nation bailed out, the stakes get higher and higher. As the debt piles up, so do the interest payments. And everyone begins to…
LIBOR – Banking Scandal That Could Cause A Riot Article written by Dr. Alex Cowie, Editor, Diggers & Drillers This is the biggest banking scandal in years – and that’s saying something. Some of the biggest names in banking are being torn down, and heads are rolling. The latest scalp is the Chairman of the world’s…
How Gold Prices Look Set to Climb As Banks Crumble Gold Analysis update from Moneymorning - Peter Krauth – 28th June Something’s afoot in the world of high stakes finance. The Basel Committee for Bank Supervision (BCBS) is about to decide something crucial to bankers, sovereign nations, and gold investors alike. As part of the Bank…
Why the German Economy Can’t Be Europe’s Sugar Daddy Article from John Stepek, Contributing Editor, Money Morning Investors seem to have finally learned something from the European crisis: “Expect nothing good”. It now costs Spain more to borrow money over three months than it costs the German economy to borrow over 30 – yes, 30 –…
‘Big Wednesday’ For the Aussie Dollar Australian dollar analysis from MoneyMorning Australia – Dr Alex Cowie – 27th June 2012 The Aussie dollar isn’t following the script at all. A ‘risk currency’ like the Aussie should tank when the world is going to hell in a hand-basket. Australia has the 16th largest economy in the…
Crude Oil Price Slump Could Bury These Countries Crude oil has closed decisively under the $100 per barrel level and has triggered a bearish double top pattern in the process. This guest post from Money Morning looks at the fundamentals behind oil production with a particular focus on said Arabia. Article written by Jonathan Yates…
Silver Could Take Off in 2012 – Three Reasons Why Silver analysis article written by Dr. Alex Cowie, Money Morning Australia – 26th June 2012 It’s hard to believe that we’re almost halfway through 2012. There was one metal that I have expected big things from this year. But so far…its investors are not sitting…
Have Spanish Bonds Passed The Point of No Return? Article from Money Morning – 21st june 2012 Any relief over the Greek elections completely bypassed the Spanish bond market. The ten-year yield on Spain’s bonds went above 7% earlier this week, the level which many view as ‘the point of no return.’ The cost of…
Volatile or Risky Investments? Article from MoneyMorning Contributing Writer - Tim Price It’s common in financial markets for investors to conflate what we call ‘volatility‘ with what we term ‘risk‘. They are not exactly the same thing. More specifically, volatility is an inevitable by-product of investing in a financial market. As JP Morgan (the man, not the…
Gold – There’s Good News and Better News for Gold Owners Last week Dr. Alex Cowie wrote to you about the potential for retail banks to become big owners of gold. The Basel Committee on banking is due to discuss a plan that would allow banks to carry gold at full market value on their…
The Hidden Cost of the Spanish Bailout Article from MoneyMorning Australia – 12th June 2012 Another one bites the dust. Portugal, Ireland and Greece have all accepted bailouts from the eurozone. Now Spain has followed in their footsteps. A Spanish bailout would seek as much as €100bn from the eurozone’s rescue funds, to recapitalise Spain’s…
China’s Economic Data Statistics: Just Add Salt ‘There are three kinds of lies…lies, damn lies, and government statistics’ We may need to update this famous quote, attributed to 19th century British Prime Minister, Benjamin Disraeli… Because there’s a fourth kind of lie: ‘Chinese economic data statistics’ created by the Chinese government. A chasm has grown…
Why You Should Wish For a Falling Market Article From Money Morning AU Written By Greg Canavan – The Editor Of Sound Money. Sound Investment. If you needed any further evidence of how trying to subvert natural forces is utterly destructive over the long run, look no further than Europe…and then perhaps China…and then…where do…