Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing. Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all it’s glorious insanity.
I apologise in advance today. I don’t have any humour in me, or anything much positive to say – mostly just sadness and a reflection on much of what we’ve been discussing on this blog. Raoul Pal quite correctly mentions that in recessions bad things happen. I don’t think he meant
Sure, it may just go to $650 an ounce first, which incidentally would be awesome for those of us who love going long asymmetry. Rest assured however, when the wheels truly come off of what is easily the craziest monetary experiment of modern times, there will be no stopping gold
I recently recorded a conversation with one of the most genuine, successful and intelligent human beings I have the pleasure of knowing. Grant Williams is a seasoned investment veteran having spent over 30 years in the markets – from New York to Tokyo and many places in between. Together with Raoul
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
We recently discussed the asymmetry available in the gold mining stocks here. We showed the spectacular returns that have been achieved by investing in beaten down sectors since the 1920’s. Just the facts on what the past has shown us. We offer no guarantees to what the future holds, but
Government corruption. Tautology. “The extent of corruption in Europe is ‘breathtaking’ and it costs the EU economy at least 120bn Euros, annually the European commission says.” There you have it. This statement comes directly from the European commission in a recently published report, almost certainly an incompetent bureaucratic nightmare itself