Nov 28, 2011
Very apocalyptic indeed was the title of Egon von Greyerz of Matterhorn Asset Management’s presentation at the Sydney Gold Symposium… “A Return to the Dark Ages” However given his gloomy title he had a collection of somewhat edgy but humorous slides to lighten the mood. We’ve seen von Greyerz perform pretty well on CNBC in the past and he was just...
It’s been quite a while since we featured anything from James (or Jim) Quinn from The Burning Platform. This guest post is a must read for us New Zealanders as it looks at China’s future to which we are inexorably linked. For one, because they are buying more and more of our commodities. And two, because they are Australia’s main trading...
Oct 11, 2011
We recently had a question along these lines posed to us. I have a home with 20% equity and 80% mortgage. I use a significant portion of my weekly income to service the mortgage and don’t seem to have any savings left over due to stagnant wages and increasing living costs. What would be the pros and cons to consider in deciding whether to sell the house...
Aug 31, 2011
Gold has been popping up a good deal more in the mainstream of late and there have been plenty of mentions of a bubble-like state. Wells Fargo Bank recently released a report where they stated that gold was in a speculative bubble. This was perhaps a not altogether surprising statement from a bank whose majority owner is Warren Buffet – at best someone who...
Read on to see what the difference is when valuing houses in terms of dollars versus valuing them in gold. These numbers are all pertaining to the US home price index, but if you go to the bottom of the article you can see an article which looks at this from a New Zealand house price angle also… By Charles Vollum, BIG GOLD On June 3, Standard and...
