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 …
Has Trump taken the shine off gold?
Judging by past evidence, Donald Trump’s motto could be “Build it then gild it”. Trump’s penthouses, planes, casinos and hotels …
Best ways to invest in Gold
I’ve put together a special report called “The best ways to invest in gold: the ultimate consumer good.” It’s for …
Is China sick?
At times we are our own worst enemies, and the field of investing is no exception. Our psychological biases can …
How long until China’s stock market overtakes the USA’s?
China’s stock markets have grown in size by over five times in the past decade. I know from past personal …
Why gold will keep on climbing…eventually
Gold is up over 20% from its December price lows, measured in US dollars. Most people would call that a …