All Posts Tagged With: "investing"

The economy is not nearly as strong as most people think. There is no growth to speak of. And without growth, it doesn’t make sense to pay so much for stocks.

I’d like to tell you about a study I read recently on investing. It’s a slim little booklet titled One-Way Pockets by Don Guyon (a pen name for a broker). The book, which was first published in 1917, covers some studies he did on the trading behavior of accounts at the time. What he found was timeless.

Australian government bond yields are under four per cent, and headed in the complete opposite direction of bond yields in Europe.

There are two important aspects to this story…

This highlights what many people are now saying openly: the end is near for the U.S. dollar as the world’s preferred reserve currency. The dollar isn’t going away, of course. But already the Chinese have set up currency swaps to conduct bi-lateral trade with larger trading partners. These transactions are outside the dollar.

There’s no fee for investing in the bank’s new Asia ex-Japan Protected Growth Plan 5. (We guess here at BullionVault that means there are already four in issue.) And with the exception of a transfer charge of £100 plus VAT (approx. $230), “all other charges are taken into account in setting the terms offered,” says the brochure. Nor could you ask for better timing…

The following is taken from a Daily Reckoning article published in March of 2007 Human beings, under the duress of fast-moving global financial markets with dozens of virtually untrackable variables, are programmed by nature to do two things. First, they freeze, the way our ancestor used to do on African savannah’s thousands of years ago [...]