Marc Faber sees interest rates going up within three months
One of the wisest and most trusted investment advisors in the world, Dr Marc Faber says that interest rates will be going up within three months after the bond market passes ‘an important inflection point’.…
Read more »
West best advised not to get into a trade war over Gulf airlines
The not entirely impartial CEO of Air France-KLM has joined in the recent public criticism of allegedly unfair export subsidies to Gulf airlines, while the UAE has just declared its frustration with the failure of…
Read more »
Gold and silver set to dip as China calls the shots?
News that the Chinese Central Bank is tightening up its money supply sent Asian stocks tumbling last night as the rally on Wall Street also seemed to have stalled. The dollar gained and gold and…
Read more »
Four pessimists for every optimist among US chief financial officers
There are four pessimists for every optimist in a survey of 937 chief financial officers published today who were asked for their view on the economy over the next few months. The survey follows reports…
Read more »
Gold and silver are the winners in a currency war
The failure of the IMF meeting at the weekend to do anything meaningful to head off a currency war between the indebted countries that want to devalue away their economic problems and the creditor nations…
Read more »
Toxic real estate titles threaten second US banking crisis
The US subprime mortgage crisis resulted from a great many loans being granted to people who could not ultimately pay them back. But it also apparently created a rush to handle documentation that is leaving…
Read more »
Stay out of this bond market madness
In an increasingly desperate search for yield on capital investors are now prepared to accept some absolutely ludicrous bond offers. They would be better off paying themselves a small ‘return’ and running down their capital…
Read more »
UAE bags $10bn nuclear loan and bids $10.5bn for Zain
For a country that suffered a huge property crash last year and a massive drop in oil revenues the UAE still appears in robust financial health as shown by its capacity to arrange a $10…
Read more »
Sheikh Mansour emerges as the Arabian Warren Buffett
Member of the Abu Dhabi ruling family’s inner circle, Sheikh Mansour bin Zayed Al Nahyan is emerging as the potential Warren Buffett of Arabia.
At the height of the global financial crisis in late 2008…
Read more »
Gerald Celente gets it right again and joins the ‘tea party’
Trends forecaster Gerald Celente has been forecasting accurately for 30 years. He’s got pretty much every major disaster in global markets spot on.
Celente is a rabble rowser but he is also the voice of…
Read more »
