We close last week’s story of being wanted by the police. We’ve been lying low at the ranch. Instead, we have our own Death Valley.
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Just like subprime lending, this is a mathematical problem working its way to a disastrous solution. And it’s being officially denied as a problem. A decade later and it’s a case of here we go again.
The post The Subprime Sequel appeared first on Markets and Money.
The bright sun is at its zenith. Only twice in history has the sun been higher in the sky, he says — 1929, 1999…both before major stock market plunges.
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Within hours or days of receiving it, the information junkie is on to other things. The new product goes up on the shelf with the old products. He’s excited about the next new one.
The post Take the Test: Are You an Information Junkie? appeared first on Markets and Money.
We attended the Mines and Money Asia conference in Hong Kong last week. There was plenty of talk on gold. One of the panel discussions was called: ‘Gold and its role in investment portfolios’. I didn’t really know what to …
The post Why Gold Won’t Survive the Next Financial Crisis appeared first on Markets and Money.