Another Inconvenient Truth!
- Written by Puru Saxena
- Thursday, 14 June 2007
THE BIG PICTURE – Let’s face it, our planet is facing an energy crisis. If nothing is done to reduce our dependence on crude oil and if the human race is unable to find a viable alternative source of energy, the 1970’s oil-shocks will look like a picnic! Most people remain oblivious to the fact that the supply of oil is struggling to keep up with rising global demand. And when you factor in the reality that over 60% of the world’s top oil-producing nations are already past their peak output, the picture starts to cause some alarm. Now, I am not saying that our world is going to run out of oil tomorrow. Far from it! However, the rate at which we pump this stuff out from the ground is likely to enter an irreversible decline.
Add a commentInflation and Metals
- Written by Puru Saxena
- Tuesday, 24 April 2007
INFLATION/DEFLATION – Analysts and economists seem to be divided over this issue. According to some market observers (including me), we are living in a highly inflationary environment. After all, money supply growth is extremely strong in most countries (Figure 1) and this represents inflation.
Add a commentEngines of Inflation!
- Written by Puru Saxena
- Wednesday, 28 March 2007
INFLATION – Central banks are the engines of inflation. Whether it is the Federal Reserve in the US or the Bank of England in the UK, the sole purpose of these institutions is to inflate. At the same time, they understate the ongoing inflation problem and manage the public’s fears. Therefore, in order to protect your wealth in this era of constant inflation, it is absolutely essential that you properly define and understand inflation. In other words, you need to distinguish between “cause” and “effect”.
Add a commentPrecious Metals
- Written by Puru Saxena
- Thursday, 22 February 2007
Since the commencement of the bull-market in precious metals, several factors (ranging from rising jewellery demand in Asia to the ongoing war in the Middle-East) have been presented by various analysts as the drivers behind the persistent appreciation in gold and silver.
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