Tuesday, September 30, 2014
The single biggest risk to gold is the government
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Well, first of all we had the gold bull market from 1999 to 2011 and we’ve been in depression since then. If I compare the credit growth, mo...
Monday, September 29, 2014
Yellen, Greenspan, Bernanke could be judged badly by future history books
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I think that future historians will have a very negative view about the great experiment to boost economic activity with monetary measures v...
Friday, September 26, 2014
Parents generation richer than kids generation
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When you print money it benefits few people. Those with assets such as property and stocks get richer, while the rest see their cost of livi...
Thursday, September 25, 2014
China real estate could still have hard landing
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I think that there is a very high chance for a hard landing in the real estate sector, because we have a gigantic credit bubble. Usually the...
Wednesday, September 24, 2014
Rich to get creamed one day and Inflation measures
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What has happened this year is true, gasoline prices from their highs have come down, oil prices are down from their highs. Also corn, wheat...
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