Dear Reader, Taiwan has become ‘the most dangerous flashpoint’ in US–China relations, according to a recent article in The Diplomat. As the situation in the Taiwan Strait intensifies, the prospect of a shooting war between China and the US cannot be ruled out. But as Jim Rickards explains, another type of war is already playing […]
What Shape Will the Recovery Take?
Dear Reader, In the wake of COVID-19, there’s been much talk about a V-shaped recovery — a sharp fall in economic activity followed by a dramatic rise. But as Jim Rickards explains below, this is just happy talk (and therefore not helpful for anyone). So, what is the likely shape of the recovery? Keep reading […]
Investors Could Be Hit with Bad News About the Global Economy
Dear Reader, Investors continue to be hit with bad news about the global economy. In fact, it’s par for the course. In the US, the unemployment rate is over 13% and is expected to go higher. GDP for the second quarter is estimated to have fallen by 30–40% on an annualised basis, representing over $2 […]
A Second Wave Means a Second Market Crash
Dear Reader, Looks like Aussie stocks are set to bounce higher this morning. US markets were up overnight. Nothing like ignoring the economic reality unfolding to prolong the market gains just a little longer… The stock market enthusiasm may end sooner rather than later. As Jim points out today, markets and investors aren’t prepared for […]
Investors Need to Accept It’s Not Going Back to How It Was
Dear Reader, As the rona whips around the world, some places are faring better than others. Parts of the US are still in various stages of ‘lockdown’. Some states will see another month imposed on them, says Jim. Australia is no different. The majority of states in Australia are opening up to each other — […]
Fools Rush in: Stocks Can Go Down After All
Dear Reader, It’s been the rally where the big shots sat out and the little guys piled in. While the ASX hasn’t seen the same lofty gains the US markets have, this stock rally has been different. In Australia there’s a bunch of first-time investors dabbling in the market. Some of them have done very […]
The Key to Investing in Stocks in 2020 Is Selectivity
Dear Reader, As we stare down the barrel of the New Great Depression, one of the most pressing questions investors are asking is: Is it wise to get out of stocks completely? The answer is no, according to Jim Rickards. But you do need to tread carefully. Opt for gold and cash first, and then […]
This ‘Cure’ for the Economy Could Kill It
The economy remains under lockdown, although some states are beginning to relax restrictions. As with so many other aspects of American life, there’s been a red state/blue state divide. Red states (republican) are generally more willing to reopen their economies, while harder-hit coastal blue states (democrats) are generally more reluctant to open theirs. Regardless, the […]
Heading into Negative Interest Rates — Real Rates and Nominal Rates
Last July I was in Bretton Woods, New Hampshire, along with a host of monetary elites, to commemorate the 75th anniversary of the Bretton Woods conference that established the post-Second World War international monetary system.
Is Gold a Commodity, an Investment or Money? — Gold Is a Chameleon
Is gold a commodity, an investment, or money?
The answer is…
Gold is a chameleon. It changes in response to the environment.
