While common sense tells us “printing our way to prosperity” seems like an unlikely longer-term outcome, in the short run it can help push stock prices higher. From Bloomberg: The global currency wars are heating up again as central banks embark on a new round of easing to combat a slowdown in growth. The European […]
Currency Wars: Money Printing- Wind at Stock Market’s Back Read More »
Ultimately, over time, something which is real will always be recognized by the masses as superior to something created for superficial purposes — particularly during times of crisis.
The Difference Between FIAT and Real (Music and Gold) Read More »
In this video clip from Steve Hochberg’s “Don’t Get Caught Holding the Bag” presentation, recorded at the San Francisco MoneyShow, Elliott Wave International’s Chief Market Analyst addresses a popular question we get at EWI.
Trends: Credit in the E.U. and the U.S. Read More »
The efficient market theory says that you can’t really beat the market because the market already has all the information available baked into the cake. So why bother? If this were true Warren Buffet, George Soros, Peter Lynch, and John Templeton would never have become billionaires. And interestingly each of these men made their fortunes directly betting against the efficient market theory.
Buffet, Lynch and Templeton were value investors looking for value where the market saw none and then waiting until the market came to its senses and Soros looked at broad trends and then made huge bets on unexpected events. From 1973 through the late 1980s, he ran his own hedge fund, often racking up returns of more than 30% per year and twice posting annual returns of more than 100% while the overall market averaged 10%. According to Investopedia, Soros “believed that financial markets can best be described as chaotic.” Quite the opposite of an efficient market.
Why Investors Shouldn’t Listen to Out-of-Touch-with-Reality Theorists Read More »
Ever since it was alleged that Obama was born in Kenya, the African country appears to be in the news more and more. Recently, there was a terrorist attack at a shopping mall and even more recently allegations that the Kenya Defense Force (KDF) that was fighting the terrorists took the opportunity to loot the Mall while
Trends: Kenya Oil Read More »
In today’s global economic climate, it can be difficult for people to buy a house while struggling with annual bills. But the U.K. government has a number of schemes available to first time buyers and existing homeowners such as Help To Buy, NewBuy and Right to Buy. Offering Government loans and easy ways to get 95% mortgages, these schemes have all been designed to help people own their own homes quickly and easily.
Home Buying in the U.K. Read More »
Is Energy Deregulation Just a Fad? In the late 1990’s, individual states began trying to introduce more competition into the energy marketplace. As we know, competition tends to drive down prices and improves choice and service. Without competition businesses get lazy and they add layers of bureaucracy and then simply tack the additional costs on to
Energy Trends- Deregulation (or Not) Read More »
Born Libertarian: Doug Casey on Ron Paul and the Price of Freedom By The Gold Report The Gold Report: Doug, we are at your conference in Tucson, Arizona, the day after former Congressman and presidential candidate Dr. Ron Paul gave the keynote speech to a sold-out crowd. How did you two first meet? Doug Casey:
Libertarianism, the Government Shut-down and More Read More »
Whether it is fishing, sailing, cruising or just floating along on rivers, lakes, bays and even the ocean, people love being on the water. But owning your own boat or yacht can be expensive. The old joke goes that a boat is just a hole in the water to throw money into. In addition to maintenance,
Do You Own a Boat or Yacht? Read More »
Times are tough. And it will come as no surprise, that we are in a period of profound economic instability. Even for the more wealthy and affluent among us, the financial problems of today can be disconcerting. So when it comes to attaining significant financial goals – buying a home, owning a car or educating your
Avoiding Financial Pitfalls Read More »
