02 « November « 2011 « Investment Postcards from Cape Town

“The idea of making money under our capitalistic system will change,” said Richard Russell from his hospital bed. “The new focus will be how to avoid losing money. The new normal will be living on a survival scale. It will be slow and costly.” […]

Shanghai property values plunge, recent buyers protest

By Prieur du Plessis, on November 2nd, 2011 posted in: China, Economy

“Property values in Shanghai are plunging as developers lower their asking prices in an effort to sell into a weakening housing market,” reported NTDTV. “It’s good news for some, suggesting efforts by authorities to cool the overheated housing market are working. But recent buyers are outraged as the value of their investments fall, sometimes by more than 25%.” […]

Daily market update (November 1, 2011) – Further weakness?

By Prieur du Plessis, on November 2nd, 2011 posted in: Investment, Markets, Money

Adam Hewison, charting strategist of INO.TV, brings you another edition of his invaluable service of daily technical market updates. These analyses give you an overall perspective of market conditions, highlight a few key movers, and discuss how current events are affecting investment strategy. Click through to hear Adam’s latest views on gold, silver, the US Dollar Index, the CRB Index, crude oil and the S&P 500 Index. […]

Chanos says China on “bigger, faster treadmill”

By Prieur du Plessis, on November 2nd, 2011 posted in: China, Economy

Jim Chanos, founder of hedge fund manager Kynikos Associates, talks about the outlook for China’s economy and real estate market. Chanos also discusses Europe’s debt crisis. […]

“Investment Postcards Daily” (November 2, 2011) is out

By Prieur du Plessis, on November 2nd, 2011 posted in: Investment, Markets, Money

I am on a daily basis publishing all my reading (plus that of other well-known commentators) in an Internet newspaper, “Investment Postcards Daily”. The newspaper’s subscription is separate from that of the Investment Postcards blog. To ensure you receive daily alerts of the updated paper, please click through and follow the subscription instructions. […]

Historian Adam Fergusson on Weimar inflation and more

By Prieur du Plessis, on November 2nd, 2011 posted in: Economy, Inflation

In the latest GoldMoney interview, the historian Adam Fergusson, author of the definitive account of the Weimar inflation, “When Money Dies,” discusses with GoldMoney founder James Turk how inflation destroyed the German economy, corrupted German society in the 1920s, and how that experience may relate to the inflationary solution for governments today. […]