In your interest.
Online Personal Finance Magazine
No beating about the bush.
Major global economies are in dire straits. Globally, trillions of dollars are being pumped into the banking systems. This will create massive money supply and will lead to hyperinflation, according to legendary investor Jim Rogers. Which asset class should gain? Gold. But gold is down around 27% from a high of US $1,017 reached on 17th March. In fact, after a full-blown credit crisis erupted,...
Indians are proud of their recent economic prosperity; at least, they were, until recently. To the constant drumbeat of stock market economists, assorted academic pundits and short-sighted businessmen, we have come to believe that the West is in decline and the East’s audacious ascendancy has started. That rise is supposed to be led by China and India. However, the fact is that economic...
One of the rare hedge fund managers who has come out making loads of money in the recent financial meltdown is Andrew Lahde who founded Lahde Capital Management LLC with US$10 million two years ago. But having made an 870% gain last year and more this year, Lahde is quitting the game with a fine parting letter to his investors. Here is an abridged version of the letter.
“Today I write not...