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US stocks drop sharply on oil price fears and very poor housing and orders data 27 Aug 2013 | 12:00 pm
The US posturing over intervention in Syria seems to be reaching a tipping point into military action and that will mean higher oil prices this fall. Meanwhile, the surge in US interest rates over the...
Exponential surge in Chinese gold buying points to higher prices very soon 27 Aug 2013 | 11:35 am
The chart below showing monthly net Chinese imports of gold from Hong Kong shows an exponential curve. This is China taking advantage of the stupid manipulation of gold prices by central banks to accu...
Hotel Review: All aboard the Royal Scotsman a luxury boutique hotel on wheels 26 Aug 2013 | 11:21 am
Probably the finest way to see the Scottish Highlands or indeed the mainland UK is from the observation car at the back of the Royal Scotsman, a luxury train operated by the famous Orient Express comp...
Japanese stocks rally on Abenomics but the yen is down 22% 26 Aug 2013 | 11:19 am
Is the huge money printing program launched by the Bank of Japan this April paying off? It has certainly inflated stock prices but the Japanese yen is down 22 per cent so dollar investors have reason ...
Dubai house prices surge by 31% in first half and rents by 11%, can this continue? 26 Aug 2013 | 11:05 am
Estate agent Cluttons says that Dubai house prices surged by 31 per cent in the first half of 2013 and rents went up by an average of 11 per cent in the city. Prices fell by 50 per cent in the global ...
Gold tops $1,400 an ounce again, silver hits $24 but can the autumn upswing last? 25 Aug 2013 | 12:30 pm
Gold prices topped $1,400 at the end of last week and silver hit $24 an ounce as those predicting the end of the precious metals bull market increasingly looked about to be proven completely wrong for...
Restaurant Review: The Royal Scotsman rolls out the finest food in luxury travel 25 Aug 2013 | 11:52 am
Meals on wheels do not come any better than the Royal Scotsman. ArabianMoney has reviewed restaurants in the sky and on trains before but this is as good as it gets. Perhaps the Michelin star inspecto...
Nasdaq freeze threatens market liquidity warns Professor Jeremy Siegel 24 Aug 2013 | 05:04 pm
The Nasdaq freeze for three hours last week was a big deal because it will impact liquidity in the market until the problem is solved, warned Professor Jeremy Siegel. Wharton’s Jeremy Siegel and Bloo...
Nasdaq breakdown leaves observers in disbelief says Meredith Whitney 24 Aug 2013 | 04:54 pm
When the technology stock market breaks down that looks a bad omen indeed. The US housing market is already reeling from the impact of higher mortgage rates on new loans. Meredith Whitney, CEO of Mer...
Investors start to take risk off the table as Fed money printing winds down 24 Aug 2013 | 04:43 pm
Interest rates have already had the sharpest hike in decades this summer. Investors are starting to creep out the back door with only the leading stocks keeping the indexes up and a record number of n...