Excessive credit proved to be a hyper-destructive explosive that threatened those treading the easy credit path. Bill Gross paid his way through college playing blackjack. He founded the...
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Max Walsh, 18 April 2013, The Australian Financial Review (subscription only)
The price of gold has gone up for 12 of the past 13 years. But this year, as equity markets have turned bullish, gold has retreated. It's down 5.9 per cent for the year to date and is...
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Max Walsh, 7 March 2013, Australian Financial Review (subscription required)
Charles Gave, of GaveKel Research in Hong Kong, wrote in a note last week that roughly a quarter of the world's financial assets are in equities and three-quarters are in debt. Out of...
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Max Walsh, 28 February 2013, The Australian Financial Review