First, fiat currencies are only backed by confidence. Once that confidence is lost it’s hard to regain it. Second, when people see the value of their money erode, they will look for an alternative store…
What I haven’t talked about so much is the silver price. But it’s now starting to get sucked into gold’s orbit. Overnight, the price of silver surged to a 12-month high in US dollars…
Is the information we’re being told as ‘fact’, really the true picture or one that’s been ‘doctored’ to suit the climate change narrative? Worth asking the question, I think…
It’s been all one-way traffic for the Aussie stock market this year. But we know this is unusual. Even the strongest bull markets have corrections…
First, fiat currencies are only backed by confidence. Once that confidence is lost it’s hard to regain it. Second, when people see the value of their money erode, they will look for an alternative store…
Is the information we’re being told as ‘fact’, really the true picture or one that’s been ‘doctored’ to suit the climate change narrative? Worth asking the question, I think…
If no one else is going to start questioning their motives, then we certainly should. Because you really have to wonder, don’t you? What is the point of ongoing rate cuts? If it’s to revive…
How do you repair an overleveraged balance sheet? You either sell off assets to pay down debt, or do a capital raising to increase equity. The global economy can’t sell assets to itself. So that…
I don’t regret the experience, it made me who I am. I do wish though that it had been a cheaper lesson. Still, it could have been a lot worse. Here is what I learnt…
Thankfully, we don’t live in a cashless world…at least not yet. But they are working on it. Plans are being hatched to phase out high denomination notes.