Higher House Prices Are Just More Debt
Nothing is so permanent as a temporary government program, Milton Friedman once said. And he should know, as President Reagan’s economic advisor.
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Are ASX Lithium Stocks a Young Person’s Game? — Investing in Lithium
The EV revolution was put on pause by low oil prices, and this is certainly a structural difficulty for ASX-listed lithium stocks going forward. But the current rally for these companies started shortly after EU countries put subsidies back on the agenda…
US-China Tensions: Winners and Losers of the Big China Break-Up
Yesterday it was the closure of a consulate. Today it is a fierce tongue-lashing. Mike Pompeo, the US Secretary of State, has called on the US and its allies to change China. More specifically, to change its ruling structure rooted in the Chinese Communist Party…
One Rule for Central Banks and One for Us
Dear Reader, Debasement. Erosion. Destruction. That’s pretty much how my day started. The Sprott Natural Resource Symposium was beginning, and I had a date with my desk. After a 4.30am alarm and not enough coffee, there was no mincing words. The very first conversations happening were about the destruction of the US dollar. Which was […]
Nothing Can Salvage China–US Relations Anymore: Tensions Rising
An ‘unprecedented escalation’. That was China’s response to the United States’ latest strategic blow to the Middle Kingdom. A response that came after the US ‘abruptly demanded’ China close its US consulate in…
AUD Outlook: Here is What’s Pushing the Aussie Dollar Higher
The Aussie dollar is flying high today. At time of writing, the Aussie dollar is trading at 71.39 cents to the US dollar. Remember, this is after the AUD hit a low of 55 US cents back in March. What’s pushing the Aussie dollar? There’s some optimism around the fact that the government will be […]
