With only two weeks of the year left, it’s time to think about what to look out for in 2018. …
When the CAPE ratio fails
No valuation ratio is perfect. All have their pros and cons. But one of the usually more reliable ones – …
Mostly big winners, no losers (my past stock recommendations)
Although the OfWealth Briefing is a free service, from time to time I make specific investment recommendations. Today I look …
The new gold buyers
Everyone should own some physical gold. In a “good” world – with vast, fast growing, gold-hungry emerging markets like India …
The debt zombies will overwhelm us (again)
“To kill zombies you need to destroy their brains.” Such was the wisdom yielded by an internet search to solve …
China’s staggering global project
China has a global, multi-decade mega project. Even if you’ve heard of it before, the chances are you don’t know …
Chinese A-share upgrade by MSCI: what it really means
It finally happened. After many years of near misses, index provider MSCI has finally agreed to include certain domestic Chinese …
Why’s everyone ignoring gold’s bull market?
You wouldn’t know it from reading coverage of the markets, but gold has been doing rather well this year. That’s …
Warning:These housing bubbles are bigger than 2006
Real estate matters. For most people, their house is their biggest asset. Banks usually lend more money against property than …
Where to find growth AND value in today’s markets
Developed market stocks are mostly expensive. Emerging markets mostly aren’t. Developed countries are mostly structurally low growth economies. Emerging market …
Seven charts that show why EM stocks will outperform
Emerging market stocks had a rough ride in recent years, leaving them trading at relatively cheap levels. Despite this, emerging …
My special mission to China…
In late 2001 I was dispatched to China on a special mission. A decade and a half after I arrived …
Trump, China and “Britain first”
“He sounds like a Peronist.” My Argentine host, who is in his 70s, gave this brief assessment of Donald Trump. …
What did we learn in 2016?
Every year has its twists and turns. But 2016 arguably had more than usual. The political and media establishments are …
The “golden constant” is dead. Long live gold.
The “golden constant” is the idea that gold holds its purchasing power across centuries, with fluctuations along the way. But …
The 13 big things driving gold
The idea of the “golden constant” is that gold always keeps its purchasing power in the ultra long run. But …