Tag Archives: precious metals

Bonds Build Back Bigger

by in Blog

There was an important theme laid out by Herbert Hoover(1874-1964) back in the 1930’s. There are only 3 ways to meet the unpaid bills/promises of a nation. The first is taxation. The second is repudiation. The third is inflation. What do you think the current crop of Western global leaders think of this thesis? Invest accordingly. […]

Illiquidity Crisis

by in Blog

Near on three weeks ago the first we witnessed the first major Central Bank policy “pivot” from the Bank of England as it changed its fiscal rhetoric from tightening to “accommodative”, within 24 hours as UK Pension Funds started panic selling Bonds to meet Margin Calls (very 2007).  Global Markets were in freefall and desperately […]

Bad News is Good News Again

by in Blog

Been wondering what’s behind the share market strength of last week and early this week? Dead cat bounce short squeeze or new bull market? Time will tell.  This rally began last week with horrible economic news out of the US and Europe, giving investors exactly what they needed, enough bad news to have some central […]

Hubble Bubble Toil and Trouble

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Readers of these pages will surely know that Hubble Bubble Toil and Trouble was the chant of the witches in Shakespeare’s, The Tragedy of Macbeth, as they tossed their horrible artefacts into a boiling cauldron, often coming up with varying predictions, such as, “he shall be king”. The lasting insight of Macbeth is the tale […]

Economic Doom Loops

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Recent mainstream media revelations of a more permanent type of temporary inflation are now being added to the reality of falling global GDP growth, leaving investors scratching their head as they reach for news clippings from the 1970’s for anything similar. The word used to describe this condition is not one unfamiliar to readers of […]

Chasing Opportunity

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The Global Central Bank Economic Frankenstein experiment in bubbles and inflation continues to march on a scale that would have been hard to imagine 10 years ago. The comment of this week that best summarizes current policy maker mindset, goes to the US Pres himself, Joe Biden (via Bill Blain), “if inflation gets out of […]

BUY IT NOW

by in Blog

For Australian investors, the month of May is “budget” month and, again, Australia’s “conservative” administration, delivered enough debt and deficit to keep even the most hardened lefty blushing.  It’s a real sign of the times, get on board or with debt spending or get left behind other “respected” central bank supported administrations around the globe. […]

Vivid Signs

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The show goes on in financial Lala Land! It took less than a week for the “new” US Biden administration to announce an immediate 2 TRILLION dollar, “interim”, economic stimulus program.  The numbers, globally, are just so large now they matter little to most. That is, until they do! The “when” of when it matters […]

Lacking Exposure

by in Blog

From a macro economic standpoint, it looks like we’re going to start this week like any other over the past, however many years, with all eyes on central bank noise and policies.  The rhetoric will be the same, “whilst we don’t believe there is a bubble in any asset market, we’ll do every “accommodation” we can think of to make sure […]

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