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The gold standard bandwagon is rolling - Thailand must climb aboard
November 21, 2014 1:00 am

The gold standard bandwagon is rolling - Thailand must climb aboard

The world is slowly, if almost unnoticeably, moving back to embrace the gold standard. Russia, China and India are leading the drive by accumulating gold reserves.

Obama loses his shine in Asia as Xi and Putin steal the limelight
November 14, 2014 1:00 am

Obama loses his shine in Asia as Xi and Putin steal the limelight

US President Barack Obama has lost impetus in his "pivot to Asia" policy. At home, his approval rating has fallen to a horrendous 40 per cent. The midterm elections saw his Democratic Party routed by the Republicans, who have taken control...

Quantitative easing, or how to blow up the economy
November 7, 2014 1:00 am

Quantitative easing, or how to blow up the economy

The dangers of handing the power to print money to central bankers should be obvious. In the present fiat currency regime, under which paper money is printed without any backing from hard assets such as gold, central bankers can easily get carried...

Swiss gold vote threatens foundations of global currency system
October 31, 2014 1:00 am

Swiss gold vote threatens foundations of global currency system

Next month Switzerland will vote in the so-called "Save our Swiss Gold" referendum.

What will the post-QE world look like?
October 24, 2014 1:00 am

What will the post-QE world look like?

This month brings an end to QE, or quantitative easing. This programme of "money printing" had the US Federal Reserve flooding the financial system with liquidity by buying up both mortgage-backed securities and US Treasuries.

America is stretched to breaking point: watch the markets
October 17, 2014 1:00 am

America is stretched to breaking point: watch the markets

The United States is now battling on four fronts - squaring off against Russia over the Ukraine crisis, bombing ISIS in Syria and Iraq, grappling with a threatened Ebola pandemic at home, and trying to prevent its stock market bubbles from busting....

Obama knows Mideast war is Kryptonite for US superpower
October 10, 2014 1:00 am

Obama knows Mideast war is Kryptonite for US superpower

US President Barack Obama is looking more and more like a punch-bag. Fellow Democrats are lining up to attack him with the vigour of Republicans over his half-hearted policy in the Middle East.

Is the Umbrella Revolution in Hong Kong for real?
October 3, 2014 1:00 am

Is the Umbrella Revolution in Hong Kong for real?

Time magazine and other international news media have been quick to dub the mass demonstration for universal suffrage in Hong Kong as a democracy revolution.

Protecting the petrodollar: America gears up for a long war
September 26, 2014 1:00 am

Protecting the petrodollar: America gears up for a long war

US President Barack Obama has been talking with global leaders in New York on the sidelines of the United Nations General Assembly, in a bid to forge a grand coalition to support his war against the Islamic State in the Middle East.

Scots who voted for independence showed us the way to go
September 19, 2014 1:00 am

Scots who voted for independence showed us the way to go

By the time this column goes to print, the outcome of the referendum on Scottish independence will likely be known. Still, it's worthwhile discussing the implications and the benefits for Scotland if voters now, or at some time in the future,...