Tag Archive: Real Estate

Argor-Heraeus: Another giant Swiss gold refinery goes on the Sales Lot

News has just emerged in the gold market that the giant Swiss precious metals refiner Argor-Heraeus has held discussions to be acquired, and that the likely outcome is an acquisition by a private equity group. This private equity group is believed to be London-based WRM CapInvest, part of Zurich headquartered WRM Capital.

Read More »

Jim Grant Puzzled by the actions of the SNB

James Grant, Wall Street expert and editor of the investment newsletter «Grant’s Interest Rate Observer», warns of a crash in sovereign debt, is puzzled over the actions of the Swiss National Bank and bets on gold.

Read More »

If You Can’t Touch It, You Don’t Own It

The pending Brexit has, not surprisingly, caused a shakeup in the investment world, particularly in the UK. Of particular note is that, recently, asset management firms in Britain began refusing their clients the right to cash out of their mutual funds. Of the 35 billion invested in such funds, just under £20 billion has been affected.

Read More »

Australian property bubble on a scale like no other

Australian House Miden Multiples
Bubble trouble. Whether we label them bubbles, the Australian economy has experienced a series of developments that potentially could have the economy lurching from boom to bust and back. In recent years these have included: The record run up in commodity prices and subsequent correction. The associated boom in mining investment and current reversal. Record low bond yields. The boom in housing construction. Specifically apartments, that was spurred...

Read More »

The Education Bubble: Is A Harvard MBA Worth $500,000?

College students are back at their desks this month facing bleak prospects. With tightening job markets leaving kids with no place else to go, universities continue to jack up fees. The upshot is growing signs that America is in the midst of an “education bubble,” just as big as those in stock, bond, and real estate markets. Case in point: four years at Harvard University now costs nearly $250,000 [1]. If you want an MBA, add another $200,000.

Read More »

Negative Rates and The War On Cash, Part 1: “There Is Nowhere To Go But Down”

As momentum builds in the developing deflationary spiral, we are seeing increasingly desperate measures to keep the global credit ponzi scheme from its inevitable conclusion. Credit bubbles are dynamic — they must grow continually or implode — hence they require ever more money to be lent into existence.

Read More »

The Helicopter Mortgage

Medical vs. Financial Engineering. I broke my elbow a month ago, pretty badly as I was told. The surgeon screwed the pieces back together, using a steel alloy bracket and six screws. Two hours later, I left the hospital with no cast, a bandage (just to cover a very ugly scar), a prescription for painkillers and therapy started a week later.

Read More »

US To Seize $1 Billion In Embezzled Malaysian Assets Which Goldman Sachs Helped Buy

The last time we wrote about the long-running saga of the scandalous collapse and constant corruption at the Malaysian state wealth fund, 1MDB, which also happened to be an unconfirmed slush fund for president Najib, was a month ago when we learned that the NY bank regulator was looking into fundraising by the fund's favorite bank, Goldman Sachs.

Read More »

Stockman Rages: Ben Bernanke Is “The Most Dangerous Man Walking This Planet”

Ben Bernanke is one of the most dangerous men walking the planet. In this age of central bank domination of economic life he is surely the pied piper of monetary ruin. At least since 2002 he has been talking about “helicopter money” as if a notion which is pure economic quackery actually had some legitimate basis.

Read More »

Yahoo Finance Editor “We’re Suffering Of Too Much Democracy”

Following James Traub's mind-numbingly-elitist rebuttal of the democratic rights of "we, the people" in favor of allowing "they, the elite" to ensure the average joe doesn't run with scissors, "It's time for the elites to rise up against the ignorant masses."

Read More »

Housing Affordability – A Dose of Reality

First, a few quick words on Brexit. Being the always positive and optimistic person that I am (big grin), I see one very positive outcome of Brexit – it is a revolution without bloodshed. For once, I’m not digressing. Brexit has a lot of parallels with housing affordability in the US.

Read More »

Panama Tax Haven Scandal: The Bigger Picture

The “Panama Papers” tax haven leak is big … After all, the Prime Minister of Iceland resigned over the leak, and investigations are taking place worldwide over the leak. But the Panama Papers reporting mainly focuses on friends of Russia’s Putin, Ass...

Read More »

Need Safe havens: CHF or Gold?

In times of negative interest rates and falling earnings per share, gold is the ultimate safe haven. Due to negative rates, it is not the Swiss Franc.

Read More »

Is it Time to Buy Real Estate? Yes and No

  Is it Time to Buy Income-Producing Real Estate?  No, No, No. Much to the dismay of my real estate buddies, who are complaining about how high prices while watching the cash flow of their portfolios bursting at the seams from a few good years of ren...

Read More »

Why is Freddie Mac Reporting a Loss?

  A Sudden Turn for the Worse Freddie Mac posted a loss of $354 million this quarter, versus a $2.16 billion gain the previous quarter.  Fannie Mae did slightly better with net earnings of $1.1 billion, which were still substantially down from $2.5 b...

Read More »

Panama Papers Names Revealed: Multiple Connections to Clinton Foundation, Marc Rich

There has been much confusion, at time quite angry, how in the aftermath of the Soros-funded Panama Papers revelations few, if any, prominent U.S. name emerged as a result of the biggest offshore tax leak in history. Now, thanks to McClatchy more U.S...

Read More »

Downwards and Upwards Drivers of Swiss Inflation

In the following we present the drivers of Swiss price inflation. We first present the components of the consumer price index. Then we explain which are upwards-drivers of inflation and which ones cause downwards adjustments.

Read More »

9) Markets

We are currently looking for an curator of this category. The aim is explain how to obtain sustainably nice returns on stocks and bonds. The focus here should be also on global macro. Sustainability is key: "buy today and sell far in the future", for example when you get retired. Publicity for own books or publication is allowed.

Read More »

Swiss home price to income ratio small in historic and global comparison

Based on four different data source, we find out that Swiss home price to income ratio is small in global comparison. Therefore we wonder why the SNB must contain home price rises, but the Fed must artificially increase them.

Read More »

Reasons for the Spanish Housing Bubble



Read More »