Via International Man International Man: Recently, large tech stocks lost over $1 trillion in value in just a few days. Many of these companies have been trading at insane earnings multiples for a long time. Has the bubble finally popped? Doug Casey: It actually started popping about a year ago—but now people…
From Peter Reagan at Birch Gold Group There could be a historic housing bubble getting ready to burst. But if Zillow Senior Economist Jeff Tucker had his way, you wouldn’t know about it. That’s because, according to this paywalled article on Inman, a real estate trade publication: First rule of housing bubbles?…
Via Sovereign Man By the early Spring of 1696, England was on the brink of a major currency crisis that had been building for decades. This was back in an era where English money was primarily silver; more than 1,000 years ago, in fact, Britain’s pound sterling was originally struck by Anglo-Saxon kings in the…
Read More “Even the smartest man in the world was a terrible central banker – Investment Watch” »
by Michael What in the world is going on? In the past, we were told that monkeypox was not a major concern because it was so difficult to spread it from person to person. But now monkeypox seems to be spreading like wildfire. On May 7th, the very first case in the western world in…
Read More “How Has Monkeypox Spread All Over The Globe At Lightning Speed? – Investment Watch” »
Most borrowers are expected to cope with rate hikes although experts warn some people will struggle to manage higher mortgage repayments as the cost of living rises. The Reserve Bank of Australia believes most households are well placed to manage higher repayments, but will monitor how people respond to what for a generation of borrowers…
Read More “Most Borrowers can Manage Higher Interest Rates but Some Will Struggle” »
by Michael If you thought that the economic news was crazy during the first half of 2022, just wait until we get to the second half. So many of the problems that we are experiencing now are going to continue to intensify, and Americans are becoming more pessimistic about economic conditions with each passing day….
Every aspect of life was touched by the COVID-19 pandemic, and Australia’s property markets were no exception. With fierce buyer demand and intense competition, coupled with a limited supply of homes and record-low interest rates, home prices across Australia shot up sharply over the past few years. Would-be buyers with limited budgets likely struggled to…
Read More “What $500,000 could get homebuyers in Brisbane, Sydney and Melbourne” »
Homeownership would remain out of reach for Sydney’s low income earners even if they got a pay rise, with the likely spike in rents also canceling out any extra money in workers’ pockets. While opposition leader Anthony Albanese has committed to raising the minimum wage by 5.1 per cent in line with the soaring cost…
Read More “What a 5.1 per cent minimum wage increase means for housing affordability in Sydney” »
By Ron Paul, for Birch Gold Group Hello, friends. Birch Gold Group asked me to talk a little bit about inflation today. Now, if you’re like me, you don’t pay too much attention to the monthly CPI, Consumer Price Inflation reports the Bureau of Labor Statistics (BLS) publishes. They say inflation was…
Read More “Ron Paul Exposes The Truth About Inflation Reporting – Investment Watch” »
ia Birch Gold Group From Peter Reagan at Birch Gold Group Looks like the latest statements from the FOMC meeting have taken their initial toll on the markets. The Fed decided to raise rates only 50 basis points, and initiated plans to “significantly reduce the Federal Reserve’s securities holdings.” More rate hikes…
Read More “The Fed’s “Soft Landing” Is Still a Crash… And Here’s Why – Investment Watch” »
