India’s Road to Depression
In our WELLINGTON LETTER this week, we had an article about the mess the government of India created for itself. We wrote:... Read More
Gold: The Ultimate Currency
Below are several charts from a www.goldchartsrus.com, which show the price of gold for people in several different countries, in their local... Read More
Hedge Fund Problems Spread
Last year was one of the worst for hedge fund performance since 2008. We believe that the problems will now accelerate. Hedge... Read More
The Pain at Global Banks
The large global banks have achieved the dominance of the financial industry they have worked for, in many cases with their lobbyists... Read More
Money Outflows
(zerohedge.com) The Institute of International Finance (IIF) calculates that the oil slump has slashed petrodollar flows by $375 billion a year. Crude... Read More
