The real message from asset inflation
The earliest signs are developing of hyperinflation, more correctly described as a collapse of the purchasing power of all the major government currencies. Central…
The pump and dump of UK residential property
Messrs Carney and Osborne are turning out to be a dangerous double-act for UK residential property investors. They have been using monetary and fiscal…
Regulation – the hidden curse
Regulations are nearly always introduced with the best intentions. In financial services, they aim to stop unscrupulous brokers and banks from ripping off the…
The Endgame
There is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners…
T-TIP: Salvation or trash-tip?
President Obama weighed into the Brexit debate on his recent visit to the UK, saying that if Britain left the EU, she would be…
Interest rates and gold
It is commonly assumed that the gold price and interest rates move in opposite directions. In other words, a tendency towards higher interest rates…
Guessing the future without Say’s law
With Japanese and Eurozone interest rates becoming increasingly negative, and the Fed backing off from at least some of the planned increases in the…
The ECB and John Law
Last week, the ECB extended its monetary madness, pushing deposit rates yet more negative. It is extending quantitative easing from sovereign debt into non-financial…
Shorting the yuan is dangerous
Last Sunday (31 January) Zero Hedge ran an article drawing attention to the big names in the hedge fund community who are betting heavily…
Out of the mouths of babes….
Parents will tell you the most difficult questions to answer sometimes come from their children. Here are some apparently innocent questions to ask of…