To succeed in investing you essentially have to beat the majority of other investors. This will not be achieved by thinking like everyone else. You will have to think and act differently to everyone else. How do most people think when it comes to trading, or at least what do
There is a bull market developing in gold and few are aware of it. Given the seemingly endless urge to “stimulate” economies by central banks through quantitative easing (money printing), such as the ECB, BOE, & BOJ, it isn’t difficult to imagine that gold’s rally in multi-currency terms is still
The more we look at the Chinese renminbi the more convinced we become that the next serious move will be to the downside and that this will more than likely occur sooner rather than later. Last month I wrote an article “The World’s Biggest Asymmetric Trade Just Got Bigger”. This is
Ten days ago China cut interest rates in an effort to free up credit and stimulate the economy. This is unlikely to have much of a positive effect on economic growth in China. Rather it is likely to compound the big problem that the Chinese currently face: exports becoming increasingly uncompetitive.
A bull market in the US Dollar is underway and its magnitude and duration are likely to catch everyone by surprise. I believe it isn’t out of the question for the USD Index to advance by at least 50% within the next 5 years. If this forecast proves correct, there
As mentioned in my writing on the Singapore dollar, the most dangerous thing in finance is the “thing” that never moves. This stability creates an illusion of control around which many positions are built, the greater the perceived stability the greater the positions, and the more other assumptions and forecasts
Singapore is regarded as the “safe haven” or Switzerland of Asia. While on the surface Singapore is the economy to which most others can only aspire to one day become, beneath the scenes is a very fragile economy highly dependent on the cost of capital staying low or at least