03/07/2012
Buffett, in his annual letter to shareholders last month, said investors should avoid gold because its uses are limited and it doesn’t have the potential of farmland or companies to produce new wealth.
03/07/2012
We believe the potential for negative events in Europe will keep the euro on the defensive against the dollar and sterling, but the downside looks limited in the near term given investors in general are already broadly holding negative positions.
03/05/2012
Investors seemed to react not to what the Fed President said, but rather to what he didn’t say. However, the sell-off was short-lived and today silver has been clawing its way back.
02/27/2012
There are some positive dots that we can join together when looking at the UK economy, which when viewed as a connected string, is beginning to show a slightly more creditable and credible pattern.
02/23/2012
Although we remain cautious regarding exposure to European equities in general, selective opportunities may be emerging, as long as global central banks maintain the easy- money stance that is helping to fuel appetite for risk.
02/13/2012
I am indebted to Chris Charlton from the foreign exchange specialists, Centa Asset Management in Frankfurt who regularly produces fascinating views and opinions on the varying strengths of the differing currencies.
02/09/2012
No reasonable person contests the idea that we should all pay our proper dues. Nevertheless, in a week when it has emerged that HMRC wrote off £10.9 billion last year (with the Treasury expressing ‘some surprise’ according to the Public