All Posts Tagged With: "investment"

Do you think maybe Dr. Bernanke is just trying to talk his book too? After all, the U.S. Treasury has heaps of debt to sell this year (gross issuance over $3.25 trillion according to Goldman). If Dr. Bernanke makes adult sounds come out of his mouth, it might give people the impression the U.S. is returning to sobriety and fiscal sensibility.

Last week we repeated John Robb’s idea that while the regulators are stress testing the banks (something the market has already done, if you look at the price of bank stocks) the regulators themselves are being stress tested. Or, more to the point, if GM and Citibank and AIG are failing because they are too large, complex, and poorly managed, then what about even larger organisations with even poorer structural finances like, say, the United States government?

Washington to Detroit: Drop Dead! Not a headline you’re like to see – more below… Yesterday brought another almost 200 point drop in the Dow. Gold rose $17. What’s going on?

On your markets. Get set. Reflate. Yes the reflation rally’s away. But does it have legs? We keep waiting for the big bounce. It looks like it might finally be here. Stocks were up in New York. So were gold and oil. We grapple again with bubbles this Tuesday. If you are now seeing the vaunted 50% retracement rally in stocks-one that looks a lot like the rally in the first four months of 1930-how broad and deep will it be?

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…

Money carries no passport, but it slides through almost any border. It speaks no language, but when it talks, everyone listens. But for all its passe-partout appeal, money has more enemies than friends. And the biggest threat is probably is the financial industry itself. “Don’t worry,” the bright young man at a London private banking told us, “we maintain the highest levels of professionalism and use the most sophisticated tools of modern portfolio management.”