Economics
Bonds and how they work
This is likely to be very boring, but I’m going to try to explain how the bond market works and why so much attention is paid to the 10 year gilt level. Initial primer Bonds [more…]
Markets
Fiction
Elementary, my dear Watson – the Group 19 elements
After a rather extended respite hiatus, welcome back, my friends, to the show that never ends… wending our way through the elements and the Groups of the Periodic Table (a.k.a. the Periodic Table of the [more…]
Economics
Why gold’s recent “silence” is a flashing buy signal
The recent “calm” in the gold market has left many observers, and especially the precious metal’s critics, questioning whether the “safe-haven” thesis still stands or whether its time has passed. In the shadow of the ongoing Middle East conflict and the [more…]
Economics
This is fine………
The world has been quietly and stubbornly walking away from the US dollar and US Treasuries the last half decade. Now, that walk is becoming a march, and “quietly” is turning to “loudly”. Some in the financial [more…]
Economics
Inflation as a moral hazard
As I have argued many times in the past, the corruption of money itself and its purposeful devaluation is by far the most important problem facing not just investors and savers, but virtually every single citizen on [more…]
Economics
“Sometimes, the only winning move is not to play”
This was the conclusion of the assessment of legendary investor Michael Burry regarding the current market conditions. To be precise, his take as recently posted on X, in full, was “Sometimes, we see bubbles. Sometimes, there [more…]
Economics
The Distraction of the “Gross National Product” Economic Metric
For many years now it seems that the state of a nation’s economic health has been reduced, at least in the mainstream press, to one metric—Gross National Product (GDP). Despite rising prices, increasing public and [more…]
America
IMF at the door
On my list of recommendations in YouTube the other day was an extract from TalkTV. It was a discussion between presenter Peter Cardwell and Liam Halligan. You may remember Liam, he had his own show [more…]
20th Century
A View From (Just By) The Greenhouse; A Mini Postcard, A Lament
I saw the squirrel before it saw me. It loped towards me by the verge before turning into the yard and setting off up the path, where it was met by Burt and the B&M [more…]