Investment/Trends

Bill Bonner: Can paper money survive a full credit cycle?

"A super bank run by super economists? How long would it take for them to blow up the whole world's financial system? But don't worry about it. The system will blow up anyway. No paper money system has ever survived a full credit cycle. That - and not a lack of international monetary reform - is why there are so many bubbles now. When interest rates are falling - often pushed to artificially low levels...and held there for an extremely long time - credit expands and the burden of debt. That has been happening for the last 3 decades. And now, the whole economy depends on something that can't possibly continue. Debt can't grow forever." Continue reading →

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The Dead-Head Fed And “The Only Road to Riches”

"The only thing we can do is manage our risks. We can stick to undervalued stocks. We can focus on strong balance sheets, which, for businesses are a lot like foundations for buildings. They can be the difference between surviving a crisis and succumbing to it. We also aim to align ourselves with owner-operators — people who have a vested interest in survival. Now, portfolios are like pirate ships. They are made to sail the open seas in search of treasure. You don’t raise a pirate ship and crew and have them waste away in a harbor somewhere. You send them out and realize that you’ll take some damage from time to time, but that you’ll make it up with the treasures you haul in. The key is not to lose the ship." Continue reading →

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What Will Software Eat Next?

"Just look at the industries that software-driven companies have taken over in last decade: In publishing, Amazon and its Kindle destroyed Borders and flipped the industry's financials on their heads; In movies and music, Netflix and Apple's iTunes displaced Blockbuster and Best Buy, not to mention the local record shop and the CD and DVD themselves; In photography, Shutterfly and Snapfish supplanted Kodak, only to be handed their own walking papers by Facebook and Instagram. Software stands at the threshold of even more explosive growth as it will continue to reshape entire industries. The million-dollar question is: What's next? There are several industries that are on high alert." Continue reading →

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Kenya to Introduce Exchange-Traded Funds, Market Regulator Says

"The Nairobi Securities Exchange (NSEASI), Africa’s third-best performing bourse this year, will begin offering exchange-traded funds, the Capital Markets Authority said. The funds will be offered 'in an effort to increase the scope of capital market products available in Kenya,' the Nairobi-based regulator said in an e-mailed statement today. The NSE All-Share Index rallied 23 percent this year. Ghana, Africa’s best performer, gained 47 percent. The Kenyan funds will target individual investors seeking an affordable way to buy into a diverse number of assets, Paul Muthaura, acting chief executive officer of the regulator, said in the statement." Continue reading →

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TEDxMogadishu 2013 Theme: Rediscover

"2012 saw the rebirth of Mogadishu and the first ever TEDx event in Somalia. In 2013, we will reflect on the past, present and future, exploring the ideas, innovations and traditions that once built and will again rebuild this country. Peace has continued to take hold, children are playing in the streets, and the beaches are filled with weekend swimmers. A parliament has been formed, constitution approved, and a new cabinet of ministers is leading Somalia back onto the international stage. Every day that goes by is a historic day, and TEDxMogadishu will highlight the incredible voices that have fought against all odds to make this possible. It is time to rediscover Somalia." Continue reading →

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Financial Times Sees “Endless Cycle Of Bubble, Financial Crisis And Currency Collapse”

"It's funny: nearly five years ago, when we first started, and said that the world is doomed to an endless cycle of bubble, financial crisis and currency collapse as long as the Fed is around, most people laughed: after all they had very serious reputations aligned with a broken and terminally disintegrating economic lie. With time some came to agree with our viewpoint, but most of the very serious people continued to laugh. Fast forward to last night when we read, in that very bastion of very serious opinions, the Financial Times, the following sentence: 'The world is doomed to an endless cycle of bubble, financial crisis and currency collapse.'" Continue reading →

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Pay me in gold: Romania’s new term as it gets more of Rosia Montana

"One completely new aspect of the agreement between Gabriel and the Romanian government is over payment of the royalty. Romania can opt to be paid in gold bullion, which could be a fair amount of gold in the end, with total delivery measured in tonnes not ounces. The six percent royalty is on gross revenue. Romania can take the equivalent value in gold. As a Gabriel spokesperson put it, 'essentially they can request six percent of the value of our production.' It could - emphasis on could - mean Romania hauls in some 15 tonnes of gold, life of mine. That, in turn, amounts to about 15 percent of Romania's official gold reserves, which are just over 100 tonnes." Continue reading →

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India gold price at all-time high

"As we have discussed in previous articles, gold is synonymous with savings and security for many of India’s 1.24 billion people and recent events clearly show why. With capital leaving the country, investors fleeing the stock market and dumping Indian bonds, the only asset that has protected capital has been gold. In fact, holders of gold have prospered in an environment where there are few safe assets. The RBI has attempted to make gold ownership difficult and expensive for Indian buyers by restricting imports and increasing taxes, yet the chart below is evidence they have failed in their campaign." Continue reading →

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Gold’s Protective Power In Action: India’s Ongoing Currency Destruction

"Although the Indian currency has been falling against the dollar for four decades now, it certainly is in an accelerating downtrend lately. The following paragraphs, quotes and charts paint a picture of a country desperately trying to save its economy and currency. The victims of this situation are of course the citizens. In their attempt to run to gold, they are stopped by their own government. How ironic is this situation when looking as an outsider. Did you ask yourself: am I prepared if this situation hits my country? In this global currency war, that just started two years ago and is expected to last till at least 2020, every country will be hit sooner or later. Are you prepared?" Continue reading →

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