Search Results for: oil
European stocks dipped slightly on Tuesday
April 27th, 2021
European markets are following the trend seen overnight Asia-Pacific, where stocks mostly declined as concerns about the spread of Covid-19 lingered. Elsewhere, U.S. stock futures held steady in early premarket trading on Tuesday as investors braced for another batch ...
Emerging market stocks began the second quarter with strong gains
April 2nd, 2021
Emerging market stocks began the second quarter with strong gains on Thursday as data signalled a steady global economic recovery from a coronavirus-driven recession, while currencies eased under pressure from a firmer dollar. A basket of emerging market equities ...
The future of money is gold
February 25th, 2021
This article explains why the successor money to failing fiat is gold, not cryptocurrencies. Cryptos can only act as stores of value so long as fiat exists. I describe how a world transacting with monetary gold and properly ...
European stocks gain on vaccine hope; dollar slumps
December 17th, 2020
European stocks climbed as authorities said the rollout of a COVID vaccine would begin before the end of the month, potentially giving a boost to the region’s battered economies. The Stoxx Europe 600 Index edged higher, pulled up by ...
Bitcoin hits all-time high rising above $20,000
December 17th, 2020
Bitcoin has hit a new all-time high breaking through $20,000 (£14,800). The volatile virtual currency has gained more than 170% this year amid stock market turmoil. On Wednesday Bitcoin jumped 4.5% to as much as $20,440 buoyed by demand ...
The destruction of the euro
October 26th, 2020
The Eurozone is bust. The deterioration of TARGET2 imbalances have been hardly noticed, but in recent months it has been alarming. Despite official denials over the years that it is a matter of concern, it is increasingly obvious ...
Asian stocks slipped; Investors await key earnings results
October 20th, 2020
Asian stocks slipped on Tuesday as investors adjusted risk exposure heading into the U.S. election and ahead of a deadline for Washington to pass an economic stimulus bill, while Europe reported record daily coronavirus infections. MSCI’s broadest index of ...
The emerging evidence of hyperinflation
October 15th, 2020
Note: all references to inflation are of the quantity of money and not to the effect on prices unless otherwise indicated. In last week’s article I showed why empirical evidence of fiat money collapses are relevant to monetary ...
European stocks were mixed on Wednesday; The biggest movers
October 7th, 2020
European stocks were mixed on Wednesday morning as investors digested a robust round of earnings and President Trump’s decision to halt stimulus talks until after the November election. The pan-European Stoxx 600 hovered just above the flatline in early ...
The Four D’s that define the future
September 28th, 2020
When the money runs out or loses its purchasing power, all sorts of complexity that were previously viewed as essential crumble to dust. Four D’s will define 2020-2025: derealization, denormalization, decomplexification and decoherence. That’s a lot of D’s. ...
