I recently attended the New York Hard Asset Show, which was quite interesting. There were many speakers and the viewpoints were quite divergent. The main theme was either a) all currencies were valueless because of printing money, of b) the USA is pulling out of the recession slowly and leave things be. An Analysis of… Continue reading Gold – Catching a Falling Knife Can Cut You Badly – New York Hard Asset Show
Tag: Great Recession
Dealing With the Debt Problem – The US$ Remains the World’s Currency – Some Simple Steps
How to Deal with the Debt Problem Dealing with the debt problem means firstly understanding the economic powerhouse that is the USA. The US$ remains the world’s currency and is accepted universally. Other currencies float in relation to the US$. Stability and a return to currencies floating within expected ranges vis-a-vis the US$, brings a… Continue reading Dealing With the Debt Problem – The US$ Remains the World’s Currency – Some Simple Steps
A True Free Market Over Greenspan/Bush/Obama Quantitative Easing – Creating More Debt
The Hindsight Comparison of the Banking Crisis in the Weak Sisters in Europe As the world gradually turns against printing ever more money, we see Germany refusing to loan ever more to the weaker members of the EU; we see the Republicans in the USA turning against the policies of George Bush in printing money… Continue reading A True Free Market Over Greenspan/Bush/Obama Quantitative Easing – Creating More Debt
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.
How Debt is Resolved – The Coming Boom in the Stock Market
Characterizing Debt Whether it be the USA, or Greece, or Ireland, or Italy, debt is never repaid in short order. The trick is to stabilize the debt and essentially make it appear as a non-issue, What happens is that the political will in a country changes from an attitude of “if there is a need,… Continue reading How Debt is Resolved – The Coming Boom in the Stock Market
Are we Heading for a Downturn – A Contrarian View
A reader took issue with my optimistic view of the current world economy. Essentially my view is that we are in a long but sustaining recovery, that will continue despite bumps in the road. A Contrarian View The reader’s view was that what we are seeing was the effects of the massive injection of government… Continue reading Are we Heading for a Downturn – A Contrarian View
The Surprising National Debt Figures
Some Comparisons of projected general government debt for 2011 (source IMF October 2010) Spain – 70% Germany – 76% United Kingdom – 82% Portugal – 87% United States – 99% Ireland – 101% Italy – 119% Greece – 139% Japan – 234% A bit shocking isn’t it. Of course this isn’t the entire debt, only… Continue reading The Surprising National Debt Figures
Capitalism Needs Tweaking – Point #4 of 10 – The Income Tax System is used Ineffectually
There are large income tax incentive programs to Encourage Conservation of Energy, or to Promote Research and Development, or to Induce the Production of Ethanol, and so many other programs Yet our biggest issue is ignored under our income tax system – the devastation wrecked upon average citizens by the relentless economic cycles that ravage… Continue reading Capitalism Needs Tweaking – Point #4 of 10 – The Income Tax System is used Ineffectually
Capitalism Needs Tweeking – 10 Corrective Measures Needed
In my blog of December 9, 2010, I listed 10 main changes needed to the Capitalist system. I am a capitalist, but I recognize the need for change. The severity of the economic meltdown and the outrageous extravagance of those taking advantage of Capitalism, makes change so very necessary. One can point to many faults,… Continue reading Capitalism Needs Tweeking – 10 Corrective Measures Needed
Investing Guidelines – Stellar Returns, Don’t use margin, Don’t lose capital
We achieved a Return on Investment this year that far exceeded our expectations. Our numbers were so good, that it hard to expect to achieve similar results in future years. Having regard to this success, we thought we might start the New Year by listing some basic policies that we religiously follow. These guidelines should… Continue reading Investing Guidelines – Stellar Returns, Don’t use margin, Don’t lose capital