Metaverse Traps for Gullible Investors — and How to Avoid Them
In today’s Money Morning…the metaverse hasn’t quite escaped its fictional roots…who killed the electric car?…the big lie…and more…
Macroeconomic News: Insights into Economic Trends and Developments
Jim Rickards : World Economic Forum’s Great Reset
Jim Rickards provides an update on the Great Reset Agenda, which was a prevalent topic of discussion prior to the pandemic.
Zero-Sum Games
‘The surest way to ruin a nation is to debauch its currency.’ Vladimir Lenin The first thing we noticed were the zeros. Where did they get so many of them? Imports from Venezuela? We don’t know. But we’d like to own the company that makes them. When we first came to Argentina more than 20 years […]
Russian Nukes, Ukrainian Nuclear Power Plants, and Australian Uranium
While the world frets over nuclear war, and the stability of Ukraine’s nuclear reactors during the Russian invasion, a profound shift has taken place in Europe’s nuclear power policy. Almost as profound as what happened in South Korea, in fact. After campaigning most ardently indeed against nuclear power for many years, South Korea’s President Moon […]
Energy, Money, and Trust
What happened to COVID? It has disappeared from the headlines. And Joe Biden says it’s no longer anything to worry about. We didn’t hear him mention terrorists. But they mustn’t be worth worrying about either. Both have been supplanted by the Bugaboo du Jour: Russia, bad; Ukraine, good. And like the two previous crises of the […]
A Mean Reversion
‘That’s life ‘(That’s life) ‘That’s what all the people say ‘You’re riding high in April, shot down in May ‘But I know I’m gonna change that tune ‘When I’m back on top, back on top in June’ Frank Sinatra, ‘That’s Life’ Ouch! Our small holdings of Russian stocks are down almost 60% so far this […]
