OFF INTO THE WILD WET YONDER How does this...
The world’s financial community is getting a gift from the Chinese government. China is once again opening the flood gates with its decision to start a second Qualified Domestic Institutional Investor (or QDII2) program. The scheme will be launched in several cities across mainland China, and could potentially unshackle...Read More
Chinese stock markets have been on fire lately. The Shanghai Stock Exchange Composite Index (SHCOMP) is already up more than 50% year to date, and if Shanghai is on fire then the Shenzhen Stock Exchange Composite Index (SZCOMP) has gone nuclear, up over 100% for the year. Some believe...Read More
Who’s Your Sugar Daddy?
China may very well be No. 1 in many areas—spanning everything from gold production to beer consumption—but the tiny island nation of Japan still lays claim to being the No. 1 creditor in the world. According to Japan’s finance ministry, net foreign investments and assets rose a record 13%,...Read More
Just when you thought that you had a basic understanding of how cryptocurrencies like Bitcoin worked, someone comes along and flips the narrative on all of us and we end up circling right back to the place where mediums of exchanges got their start: precious metals. Don’t like the...Read More
For the Love of Gold
Jan Nieuwenhuijs (aka Koos Jansen) turned a serious knee injury into a career-changing experience. Once a sound mixer in the Netherlands for movies, TV series, and commercials, Jan became interested in economics after the financial crisis of 2007–08. While out of commission with a serious knee injury (and subsequent...Read More
Those who have been paying attention to Asia are most likely familiar with China’s “nine-dash line” claim. For those perhaps less familiar with the region, the map below (with nine dashes) outlines China’s view of its territory, extending south well into the South China Sea. This claim seems significantly...Read More
Nina Xiang from the Chinese Money Network recently sat down with super contrarian Marc Faber to get his views on the current state of China’s economy. The tone of this interview differs from most of his others, as rather than focusing on the “doom and gloom” aspect like so...Read More
While in Tokyo this past week on business, I was lucky enough to arrange sit-downs with several people in the forex (FX) and cryptocurrency industries. Many of which were very successful, extremely intelligent, and (surprisingly) young. I always enjoy talking with those heavily involved in either the soft or...Read More
Billionaire Rajesh Mehta, India’s largest jewellery producer, wants a secure supply line from Australia’s gold mines direct to his retail operations. Listed on the Bombay Stock Exchange with a market capitalization of nearly 60 billion rupees (US$962 million), Rajesh Exports Ltd already has vertical integration within the company and now...Read More
Guess What… Markets are Rigged
It’s doubtful that this statement is news to anyone, as many journalists, authors, and industry insiders have been saying the same since the financial crisis of 2007–08, but in case you were not aware, the capital markets in many first-world countries do not play fair and are far from...Read More