Dr Marc Faber Succinctly Summarizes on Reuters.. 22nd Sept
by on Sep 24, 2011 •Dr Faber’s track record is really something. Here on Reuters from the 22nd summing up the history and forward perspectives perfectly for us. “Globally something is awfully wrong”. http://insider.thomsonreuters.com/link.html?cn=uidTWASIA&cid=265773&shareToken=MzpkMzJjMDcxNi03YTcyLTQ5YzAtYWEyZC05ZWY4Y2MyZGFiMjU%3D&start=0&end=303 “I think the US dollar will continue to strengthen”. “Meaningful slowdown in the Chinese economy coming. Will it collapse or slow down is a different issue....
Markets – Summer Days..
by on Aug 17, 2011 •We are mid august with most of the pros back on holiday following the huge volatility of a few weeks ago subsiding for now. Asia markets calm over night and barely moving. US indexes seeing more volatility yesterday but retracing the 160 ticks lows (dow) and ending the session flat. Out of hours on the...
Euro Bank Stress Tests – 8 fail
by on Jul 15, 2011 •Well, 8 failed the tests.. 8 failing sort of implies there was a test at least.. which is quite possibly the reason why a few have failed. They are uniformly small banks, mostly in Spain. The capital required to make them pass is a mere 3.5bn usds or around 0.01% of euro annual gdp. So,...
Gold News
by on Jul 10, 2011 •Switzerland is soon to examine re-linking the chf to gold from initiatives by the SVP party. Switzerland lost her gold backed chf in may 2000 following a very close referendum on the issue. This allowed the Swiss banks to expand very rapidly after this date. Swiss banks have lent across the world thereafter creating chf...