Investors in gold are commonly called gold bugs. Yet, gold bug is a derogatory term. As Marc Faber has put it nicely, a bug is an insect. The word “bug” or “insect” has a negative connotation to it. …
A Quarter Century of Emerging-Markets Investing (Mark Mobius)
At one time or another, every country could have been classified as “emerging.” Back in the 1800s, the Western part of the United States was called the “new frontier.” Investors purchasing farmland …
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The Longer It Takes, the More Dramatic the Reversal
A lot of gold investors are disgruntled. The emotional pain involved in seeing ones gold holdings decline in value while stock and bond markets are reaching a phase of full-fledged exuberance proves …
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Negative Deposit Rates in Europe: Unintended Consequences?
Thursday was the most interesting day of the week as ECB president Draghi announced the central bank’s interest rate decision. Not only was the main refinancing rate cut with ten basis points to …
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