Archive

It’s damn near sweltering here in London. Tropical weather, humid as hell. Inside or out, the heat feels inescapable. And the moist air clings to your form wherever you go. It’s like we’ve started importing foreign weather now that we…

I’m about to show you one of the boldest, strangest financial images I have ever seen. To be honest with you, I’m still not entirely sure what to make of it. When I first came across it, I laughed aloud…

Silver, which just had its best month in 40 years… has started the current month with its best week in 40 years. I was planning on showing you a couple of charts today already, but I’m just going to show…

I must confess dear reader, I had not heard of the band named Spandau Ballet until this week. It was only after I received the rather… cryptic series of texts above that I discovered the group and its 1983 hit…

Ever heard of the Vladimir Club, dear reader? It’s a real exclusive outfit. No riff-raff allowed. If you’re a member, you’ve probably got vaults in your name in Switzerland, a Learjet service on speed-dial, and a wine cellar big enough…

Ouch. The ol’ business of banking is taking a beating. HSBC is in the process of cutting 35,000 jobs and setting aside $8-$12 billion to absorb losses from WuFlu-related defaults. The popular portfolio holding has now fallen beneath the level…

August already huh, dear reader? The year feels like it’s flying by… and yet the days before lockdown, from January through to March, feel like forever ago. Strange times. I wonder how we’ll look back on 2020 in a few…

“Our founders would not bow before a king. Nor should we bow before the emperors of the online economy.” – David Cicilline, US congressman for Rhode Island The emperors of Apple, Google, Facebook and Amazon appeared before the US House…

Kodak has joined the growing list of companies with spiking stock prices and is perhaps the most surprising of all. What these companies share is a good story, not a great business. In this episode, Boaz Shoshan, Kit Winder and…

Dear reader, I- Hmmm. So, uh… you remember that company that used to make cameras when you were a kid? Kodak? Apparently it uh… makes drugs now. Got three-quarters of a billion dollars as a loan from the US government…