Category: Uncategorized

Central Banks Join Demand for Gold – While the Price of Gold Weakens

Gold – The Great Gamble In two recent blogs, we warned readers that buying gold at this point in time was a large gamble, and was against the instincts that investors should have. In each case, we speculated that weakness in the price of gold was probable, although not definite. In the current world wide… Continue reading Central Banks Join Demand for Gold – While the Price of Gold Weakens

A Look at Poor Returns from Large Cap Fund Managers

In this blog, we quote part of the December 2011 newsletter from Absolute Return Partners LLP. In their newsletter they review reports on the performance of Fund Managers from many countries, and conclude that for the most part, even the most famous fund managers, over a sustained period, are not worth investing with. Our view… Continue reading A Look at Poor Returns from Large Cap Fund Managers

What to Expect in the Price of Gold. Stability, or perhaps Weakness.

Gold is in the $1,700 per oz range currently. There is a divided view on whether it will rise to $5,000 an ounce, or fall to $500 an ounce. The Fear and The Media The most widely held view over recent years, is that because Western societies have printed money (thanks to Alan Greenspan –… Continue reading What to Expect in the Price of Gold. Stability, or perhaps Weakness.

Follow up – China’s Building Boom and the Debt Of State Owned Investment Corporations

China’s Building Boom May be Coming to Earth Nov 2011 (Reuters) – The monumental, neo-Mongolian sculptures, empty plazas and hulking concrete shells of buildings in Ordos district, deep in the steppes of Inner Mongolia, are a potent symbol of how China’s property boom can turn to bust. Off the back of a thriving coal industry,… Continue reading Follow up – China’s Building Boom and the Debt Of State Owned Investment Corporations

The Effect of Italian Bonds, Bricks Made From Stacks of Money, and the DJIA which is +ve in 2011

Yesterday the DOW Jumped Up by 259 Points Two days ago, it fell by 300 points. Feels like a roller coaster ride. Whatever today’s news, the markets react, and react violently. Either they jump up, or cascade down. It Used to be Greek Default That Was Important Every day, the EU was going to advance… Continue reading The Effect of Italian Bonds, Bricks Made From Stacks of Money, and the DJIA which is +ve in 2011

The USA is Under-rated Financially – The Chinese May be The Danger, or is it the Italians, or perhaps Homeless People

Pardon my facetiousness in today’s header. It just seems so ridiculous to read these daily scary headlines. In all of the current headlines, it seems as if we lurch from crisis headline to crisis headline. It’s Not the Greeks Now, It’s the Italians Think about the headlines over the last several months. Hardly a week… Continue reading The USA is Under-rated Financially – The Chinese May be The Danger, or is it the Italians, or perhaps Homeless People

Its Time to Start Getting Real – The Financial World Will Not Collapse

We begin with a famous quote from Warren Buffet “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful”. Recently, Mr. Buffet confirmed that he has been a buyer of equities during the current period of weakness. Another famous quote from Baron Rothschild “Buy When There… Continue reading Its Time to Start Getting Real – The Financial World Will Not Collapse

The Year of Money – The Tide is Turning – Even Chinese Numerology Agrees

An Overview of Current Markets As fear of debt crises, and fear of currency crises, dominate the news, this is combined with a month (September) that is the worst month of the year historically for stock markets. Another factor is the seeming paralysis in the USA, which not surprisingly is remarkably similar to the paralysis… Continue reading The Year of Money – The Tide is Turning – Even Chinese Numerology Agrees