The Dailly Bell comments on RT video "EU bans oil import from Iran - India pays in Gold instead of Dollars China considers doing the same".
Full Article.
Monday, January 30, 2012
Monday, January 23, 2012
Bond Bubble? Marc Faber Says Time to Move Into Equities
In a recent interview with Bloomberg Television, publisher of the Gloom, Boom & Doom Report Marc Faber certainly had gloom and doom to say when asked about the direction of U.S. bonds. The good news, however, is he believes equities should benefit (at least in the short term).
See the interview here.
Gerald Celente on Trend Forecasting and the Crisis of Western Civilization
Gerald Celente talk about current trends, including Iran, international banking, US corporatism and more.
Full Article.
Full Article.
Thursday, January 19, 2012
Value Investing from an Austrian Point of View
Chris Leithner:
This paper shows that value investors and Austrian School economists hold compatible
views about a range of fundamental economic and financial phenomena. These include
price and value; risk and arbitrage; capital and entrepreneurship; and time-preference and
interest. Indeed, with respect to these matters each group may have more in common
with the other than each has with the mainstream of its respective field. As background,
the paper uses the investment results of Leithner & Co. Pty Ltd, and a few of the
principles it has used to generate these results, to highlight and elaborate these
compatibilities.
To value investors, Austrian economics is (or should be) compelling because it subsumes
real economic and financial events within justifiable laws of human action. Unlike
mainstream economic and finance, Austrians not only acknowledge but also emphasise
the importance of entrepreneurship; indeed, Austrians acknowledge that sustained
entrepreneurial acumen, whilst hardly widespread, is nonetheless likely to exist. In turn,
value investing and the results achieved by prominent value investors may interest
Austrians because Grahamites hold quasi-Austrian views – or, at any rate, views that are
compatible to Austrian views – with respect to important economic and financial
principles. Value investors also illustrate the positive results that entrepreneurial action
can achieve. Despite the many follies of governments and mainstream economists and
investors, which often prompt value investors and Austrians alike to adopt rather dour
short-term outlooks, both Grahamites and Misesians are long-term optimists. To adopt
their approaches to economics and investment is ultimately to affirm a basic faith in
human nature, capitalism, one’s country and a future that will be at least as prosperous as
the present. The future envisaged by these economists and generated partly by these
investors helps to vindicate this faith.
Full paper.
Lecture.
This paper shows that value investors and Austrian School economists hold compatible
views about a range of fundamental economic and financial phenomena. These include
price and value; risk and arbitrage; capital and entrepreneurship; and time-preference and
interest. Indeed, with respect to these matters each group may have more in common
with the other than each has with the mainstream of its respective field. As background,
the paper uses the investment results of Leithner & Co. Pty Ltd, and a few of the
principles it has used to generate these results, to highlight and elaborate these
compatibilities.
To value investors, Austrian economics is (or should be) compelling because it subsumes
real economic and financial events within justifiable laws of human action. Unlike
mainstream economic and finance, Austrians not only acknowledge but also emphasise
the importance of entrepreneurship; indeed, Austrians acknowledge that sustained
entrepreneurial acumen, whilst hardly widespread, is nonetheless likely to exist. In turn,
value investing and the results achieved by prominent value investors may interest
Austrians because Grahamites hold quasi-Austrian views – or, at any rate, views that are
compatible to Austrian views – with respect to important economic and financial
principles. Value investors also illustrate the positive results that entrepreneurial action
can achieve. Despite the many follies of governments and mainstream economists and
investors, which often prompt value investors and Austrians alike to adopt rather dour
short-term outlooks, both Grahamites and Misesians are long-term optimists. To adopt
their approaches to economics and investment is ultimately to affirm a basic faith in
human nature, capitalism, one’s country and a future that will be at least as prosperous as
the present. The future envisaged by these economists and generated partly by these
investors helps to vindicate this faith.
Full paper.
Lecture.
Tuesday, January 17, 2012
Saturday, January 14, 2012
Jim Rogers: Short on most emerging markets, including India
In an interview with ET Now, Jim Rogers, Chairman, Rogers Holdings, shares his outlook for commodities, gold and metals with a special reference to Indian markets. Excerpts:
ET Now: Are you a bit surprised with the US economic data? If I look at the tone of US economic data, of late things are looking upbeat for the US economy?
Read more.
Friday, January 13, 2012
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