G20 like the non-meetings of The Great Crash 1929
JK Galbraith’s classic book The Great Crash 1929 ought to be on the reading list for G20 leaders and their advisers this week. In the final chapter about the consequences of the crash he details…
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Lessons from JK Galbraith and The Great Crash 1929, buy gold
History does not repeat but it does rhyme, said Mark Twain. For an excellent assessment of what a stock market crash can mean for the future we have only turn to The Great Crash 1929…
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Indian gold sales will prove an error
India has actually turned into a net exporter of gold because so many hoarders are cashing in their gold. India imported no gold in February and probably will not in March either, reported Reuters.
In…
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Dubai 28th in World Cities Survey
Knight Frank has produced its first ever World Cities Survey in a report published by Citi Private Bank this week. Dubai comes 28th in its ranking of the 40 best global cities to live in.…
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Jim Rogers explains the false US dollar rally
Jim Rogers always speaks his mind and knows a great deal about global investments as a veteran hedge fund manager. He thinks the dollar and yen are a hold and look better than…
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First-class apartments for the Edinburgh Festival
This week the brochure for the 2009 edition of the Edinburgh International Festival of Arts is published (www.eif.co.uk). Renting a luxury apartment in this wonderful European…
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DP World volumes down 8%, UAE confidence slumps
Dubai-owned global port operator DP World has reported an eight per cent fall in volumes across the group in early 2009, while the latest HSBC GCC Business Confidence Survey showed a slump in UAE confidence…
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How the gold price is fixed by central banks
Veteran gold price champion Bill Murphy of GATA explains how central banks manipulate the gold price. The real issue will be when they lose control of the gold price, and that day will…
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Property crash worst in Hong Kong, London and Dubai
The Citi Private Bank report commissioned from Knight Frank provides a fascinating snap-shot of global property markets, and relative performance in the fourth quarter of 2008.
The biggest falls in residential property prices were in…
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Why would Qatar and Abu Dhabi issue bonds?
Qatar and Abu Dhabi are presently sounding out global capital markets for government bond issues that will help finance their ambitious domestic expansion plans, according to the Financial Times. But if you are as rich…
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