Think the Worst Is Over? Bigger Problems Lurking in the Financial System…
Many of our clients buy gold and silver because they want insurance for events one can’t get insurance for’, wrote ABC Bullion precious metals analysts a couple of weeks ago.
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Kiss Goodbye 6% of the Australian Economy — A Recession on the Cards
I’m trying figure out exactly when we really hit the depths of economic ruin. As it stands the Aussie economy dodged the recession bullet in 2019, albeit barely. And there’s a pretty good chance that 2020 would have led to an economic recession in Australia even without the coronavirus…
COVID–19 Could Be the Thing that Eradicates Cash
While in December 2001 much of the world was enjoying the holiday season, Argentina was encroached in their own ‘ice-nine’ hell.
Big Four Banks’ Credit Ratings Slashed — Can You Bank on Compassion?
Adding further to the Aussie big four banks’ woes, global credit ratings agency Fitch Ratings downgraded the long-term issuer default rating of the four major banks. The ratings agency has maintained the rating outlook for the major Australian banks as negative…
COVID-19 Could End ‘Made in China’ as We Know It
There is an exodus in China. It dawned on producers that relying only on China is risky. If their supply chain is compromised — be it via a trade war or otherwise. Then the coronavirus (COVID-19) struck. An event that could be the nail in the coffin of China’s manufacturing supremacy…
Can the US Avoid a Technical Recession?
Day by day the numbers are becoming increasingly grim.
Right now the US is coming to grips with the pandemic. Although you wouldn’t know that by looking at the major indices.
