Recent Posts

Fear not, ETFs control the gold price

Gold isn’t like anything else on the market. Ancient, fundamental, eternal – it’s different from all those here-today, gone-tomorrow assets such as Snap Inc. shares and cryptocurrencies. Right? Wrong. The last week’s surge in the spot gold price – a 2.5 percent jump to $1,224 an ounce, its sharpest leap in more than two years – looks like confirmation of ...

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Trump’s EPA would tie its own hands on rules

Mercury is a noxious byproduct of burning coal. It contaminates fish and, in turn, people, leading to brain damage in infants and small children, as well as serious cardiovascular and central nervous system problems in adults. Restrictions on US power plants have substantially reduced their emissions of mercury since 2015. Apparently, the Trump administration has a problem with that. Specifically, ...

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China can’t grow like an emerging market forever

There’s no economic crisis in China. There is a slowdown. That can be a good thing. Yes, China is the second-largest economy and deeply enmeshed in the planet’s commercial map. That’s all the more reason it needs to keep becoming a more normal economy, with a more mature pace of growth. That will increasingly be driven by consumers and technology, ...

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