In today’s article Grant Williams takes a look at mythical Bizarro world (Htrae) where everything is backwards and compares it to the supposedly logical and normal functioning earth. Unfortunately, some things that belong in Bizarro world have somehow made their way to Earth. ~ Tim McMahon, editor By Grant Williams In the early 1960s, a new […]
Things That Make You Go Hmmm: What On Htrae Is Going On? Read More »
The first, and possibly most surprising, thing about life in Cafayate has been how social it is. The Argentines are very warm and welcoming people, and we have made a surprising number of local friends. In addition, there are generally like-minded and almost entirely agreeable owners at La Estancia de Cafayate, complemented by a steady stream of visitors.
Interacting with only one of those groups would be more than enough social life for me, by temperament something of a recluse (my wife always laughs when I say that, but it’s true). When taking all three groups into consideration, however, the amount of socializing gets positively over the top.
The time to buy is when everyone else is selling. That holds true not only for stocks but also for commodities like Gold and Real Estate. Another truism is to buy when you least feel like buying. Right now an extremely out of favor asset is real estate in Portugal. They almost can’t give it away. Which is why we are taking a look at it today. In her article, Vivian Lewis gives us some great reasons to consider Portugal.
Is This the Time to Buy Real Estate in Portugal? Read More »
“What do you expect when you target the President?” This is what an Internal Revenue Service (IRS) agent allegedly said to the head of a conservative organization that was being audited after calling for the impeachment of then-President Clinton. Recent revelations that IRS agents gave “special scrutiny” to organizations opposed to the current administration’s policies
The IRS’s Job Is To Violate Our Liberties Read More »
Real estate investments are not something you just jump into. You need a full plan for the investment. It is important that you decide on your investment strategy before settling on a particular house or property. Different investment strategies do exist, and it is important to decide before the actual investment begins.
Update on the Real Estate Market Read More »
The Third Basel Accord (i.e. Basel III) is a voluntary global regulatory standard on banks requiring adequate capital and providing stress testing and market liquidity guidelines. Members of the Basel Committee on Banking Supervision agreed on the accord in 2010–11 and scheduled it to be phased in from 2013 through 2019. Basel III was developed in response to the deficiencies in financial regulation revealed by the late-2000s financial crisis. Basel III was supposed to strengthen bank capital requirements by increasing bank liquidity and bank leverage based on the specific types of assets and liabilities held by the bank rather than being based on general assumptions that all banks are the same.
What is Basel III and Will it Help Avert Another Banking Crisis? Read More »
Since the S&P 500 made an intraday low of 1,536 on April 18, the widely-followed stock index has tacked on 130 points and the markets have migrated back to full-bore risk-on mode.
Will Wednesday’s Fed Minutes Spark Sell-Off? Read More »
The last time Vladimir Putin was president, he laid the foundation to pull Mother Russia from the wreck of economic chaos to a world power once again. This time, he’s ready to extend that influence to counter the West. His tools: Russia’s abundant resources of energy, including uranium. There’s a new war developing on the continent, and the weapons this time will be oil wells, gas fields, and uranium mines, pipelines and ports, processing facilities, and supply deals.
The New Cold War: The “Putinization” of Uranium Part 2 Read More »
Although we don’t like to admit it, Uranium is a big part of the energy picture with roughly 16% of the world’s electricity coming from nuclear power. In the U.S. it is almost the same at 19%, with 37% coming from coal, 30% from Natural Gas, 7% from hydro-power, and only 5% from other renewable sources including 3.46% from Wind, 1.42% from biomass, 0.41% from geothermal and only 0.11% from Solar. So Solar power would have to increase by 2000% to replace Uranium. This is not from some perverse desire by the electric companies but simply because the economics of nuclear power has been favorable with cheap Uranium and expensive solar panels. But with the advent of fracking Natural Gas is becoming cheaper in the U.S. while as we will see in this article Uranium will become more expensive shortly. Another factor playing against Solar power is the ability for decentralization as each homeowner could produce their own power but this would involve homeowners taking the responsibility for their own future and naturally this is not in the power company’s best interest, so it has been downplayed as an option.
The New Cold War: The “Putinization” of Uranium Read More »
You’ve undoubtedly read about the dramatic increase in demand for gold and silver bullion products since the big correction. Supply has gotten tight, premiums are rising, and inventory is hard to come by, especially for certain silver products. But it’s worse than you may know. Many of these reports come from the retail side of the business, including those from sovereign mints. This information is indicative but more important is the activity among the wholesalers. It’s possible the retail trade is just experiencing a giant bottleneck, which would come with a different set of conclusions than if behind the scenes the wholesale industry is seeing net sales.
Buy Gold and Silver NOW Read More »
