OurFinanceBlogs.com - Australian Finance Blogging Community

How To Buy And Invest In Physical Gold and Silver

Posted by cij on Nov 30th, 2009

Are you prepared for the coming hyperinflation?

The United States, with ‘helicopter’ Ben Bernanke at the helm of the Federal Reserve, is committed to money printing to solve America’s economic woes. To the extent that the US dollar is the world reserve currency, it will affect the rest of the world.
As Marc Faber, editor [...]

Read More

The Bailout Fails

Posted by admin on Sep 30th, 2008

The bailout was back - for about 24 hours or so. But last night the US House of Representatives voted against socialising its financial crisis. The score was 205 for, 228 against. Despite Hank Paulson’s confidence, all those foot-notes added to the bailout over the weekend came to nothing.
And now we have a serious panic. [...]

Read More

Is this the beginning of the loss of confidence in fiat money?

Posted by cij on Sep 23rd, 2008

Events from the past week are tumultuous. It started from the nationalisation of Freddie and Fannie (we were mulling about the implication of nationalisation 2 months ago in How do we all pay for the bailout of Fannie Mae and Freddie Mac?). Then came the bankruptcy of Lehman Brothers and takeover of Merrill Lynch. Then we have the nationalisation of AIG. Gold prices surged by more than US$100 in two days (it had declined since), which was the most rapid surge in 26 years.

Read More

The Fall in Oil Prices Takes Gold Prices Down With it

Posted by admin on Jul 20th, 2008

“World economy is a tough spot,” says the International Monetary Fund.
“No kidding,” says MoneyMorning.
“We concur,” say angry investors in Karachi, Pakistan, who yesterday pelted their stock exchange with rocks after stocks tumbled 4% before midday.
“We are looking at the situation and there is no question of suspending the market,” said Razi-ur-Rahman, chairman of [...]

Read More