Discursive MonologueDiscursive MonologueReporting on the massive torrent of wealth from the United States to East Asia, the depreciation of the U.s. Dollar, and hedging strategies. Articles
Gold news is good news–100 kg gold coin; China is now the third large
2007-05-08 23:08:00 I am ecstatic. I just read an article that mentions my two favorite things in the world—gold and pizza. Last Thursday (3 May), the CBC reported on the Royal Canadian Mint’s enormous 100 kg gold coin (see linked article for picture). The .99999 pure gold coin is fifty centimeters wide and three centimeters thick—the size ... More About: News , China , Gold , Good News , Good
Andy Xie joins Jeremy Grantham in world bubble hypothesis; believes crash i
2007-05-07 22:46:00 No more than three days passed after Jeremy Grantham’s warning that investors should begin hedging than Reuters reported warnings from Andy Xie, the former Morgan Stanley prodigy. Xie “warned that the global boom in equities would be over by 2008 and that this would coincide with a worldwide recession.” Mr. Xie suggests that the vertiginous ... More About: World , Believe , Crash
Consumers ignore expensive houses; turn their attention to frivolous purcha
2007-05-06 16:48:00 The Bureau of Economic Analysis (BEA) reported 2007 first quarter GDP numbers on 27 April (I know, I’m late to the party again). Guess what? GDP growth has slowed to an annualized rate of 1.3 percent. For those astute readers (read: too much free time) who pay attention to GDP numbers, this is the lowest ... More About: Houses , Turn , Attention , Ouse , Cons 1, 2, 3, 4, 5 |
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