February, 2020 | Moneytruths

The story currently being told by copper and gold….

I’m here, there and everywhere today – reliant on the train network to get me from A to B and then on to C where I stay overnight before spending the morning in D and then finally heading back to A – home….

In this age of connectivity though, it hardly matters where you are – you can plug in, tune out from your surroundings and work….

Today, I share with you some observations from my notebook….

Keep your eye on copper….

If you want to know how things are panning out, the price of copper is always worth keeping your eye on….

Copper is sometimes referred to as the metal with a doctorate in economics….

Why? Because it frequently proves a more accurate guide to what is going to happen on the road ahead than all the whizz-kid forecasters with PhDs who are supposedly ‘expert’ at doing that very forecasting job – but who more often than not fall short….

Copper is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. It is relatively inexpensive. It is plentiful. It has numerous useful properties.… Click here to read more

Thursday, 6^th February 2020

All hail the real heroes who drove the markets to all-time highs….

Last week, former European Central Bank chief Mario Draghi was decorated with Germany’s Order of Merit….

This great honor (only 250,000+ people have been decorated this way since 1951!) was awarded to the septuagenarian for his leading role in rescuing the euro from disaster with his monetary policies at the height of the debt crisis back in 2012….

The Order of Merit is billed as the very highest tribute the Federal Republic of Germany can pay to an individual for service to the nation….

But is a tin medal and a bit of half-hearted fanfare in the newspapers really enough?

I believe not. And I’m not just thinking of old Mario Draghi when I say that….

Honor them all….

Stock investors with skin in the global markets at any point over the last decade really ought to be having a mass whip-round to pay for solid gold statues to be built and erected in prominent places….

Statues not just of Mario Draghi, but also of the likes of Janet Yellen (former Federal Reserve chief), Mark Carney (outgoing chief at the Bank of England) and all the other central banking whizz-kids who had the ‘courage to act’ and save the world in the aftermath of the last global financial crisis….… Click here to read more