Friday, December 26, 2014

What Economic Slowdown?

No signs of an economic slowdown in Sydney today with Boxing Day sales in full swing. Major department and brand name stores were packed. Even at the high end there were queues 50 to 100 deep for entry into LV, Gucci and Burberry.

Pitt St Mall, Sydney, Australia

Keiser Report: Tail Chasing Media

From RT

Published on Dec 23, 2014

Max Keiser and Stacy Herbert discuss power. In the domestic political arena, Russell Brand’s campaign with the New Era Estate women proves that the people do have the power - if they want it. And in the energy market, it seems supply and demand actually has the power - not the cartels, not the conspiracies.

In the second half, Max interviews former energy market regulator Chris Cook about the possible causes of the oil price collapse and what the future holds for price and projects.

Thursday, December 25, 2014

Wednesday, December 24, 2014

Jim Rickards on Europe and the US Economy

From Boom Bust

Published on Dec 23, 2014

Erin sits down with Jim Rickards – author of “The Death of Money” and chief global strategist at West Shore Funds – to discuss the US and Europe. In October, data coming out of the US demonstrated lower mortgage yields and a surge in refis added to 4-year lows in gas prices to give consumers more disposable income. Jim tells us what he thinks of the new data and also gives us his thoughts on divisions at the ECB. He also projects how far Chinese growth will have to fall in order to make a successful rebalancing a possibility and gives us his prediction on what will happen if oil prices continue to stay weak.


Monday, December 22, 2014

Gold Seen Falling to $1,050 in 2015?

(Bloomberg) -- Dominic Schnider, an analyst at UBS AG's wealth-management unit in Singapore, talks about energy markets, Russia's currency crisis and outlook for the price of gold. Schnider also discusses the iron ore market. He speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)

Hoping Santa is Good to You This Year

Epic Santa party at Manly last Sunday afternoon.