Got Yuan?

For its U.S.-based customers the Bank of China has begun allowing trading in the Chinese currency, the yuan.  This is clearly a long-term focused goal of trying to make the yuan a competitor for the U.S. dollar as the global currency in which trading is conducted....

What to invest in now

As long-term readers of this blog know, I consider it contrary to my purpose to give investment advice about specific investments.  My goal is your investment self-sufficiency.  That is one of the reasons that I tend to comment on macro-economic data – I feel...

Anecdotal evidence of gold bubble

During the dot.com and real estate bubbles of the last decade it was so difficult to get a contrary opinion from anyone who wasn’t drinking from the bubble kool-aid.  One of the ways any investor, yes, even you, could have recognized that it was a bubble was by...

Those rascally Germans and the EU bailout

Gosh, I hate to beat the drum anymore, but the Financial Times this morning in a story is reporting that the government of Germany is willing to increase its financial guarantees in the European financial bailout fund.  In my 2011 Predictions post I said that I...