Search results

Not that I am aware of.

You're probably right about super. Contributions are on the low side. In Singapore they are 20%. I think the govt asked for a review of super contrib and the treasury advised them that they calculated that contrib levels were high enough. Not sure how they worked it out though. That was...

Good point topcropper. Australia, with its superannuation system, seems better prepared to handle an older population. We have more migrants that keep the population growing & younger as well.

An article from the herald that is relevant: China may be hiding US Treasury bonds I found that bit interesting: Looks like China needs to redirect money towards domestic consumption...

Good point. So much of what we read is focused on the US. A lot of people still assume that our fate is tied to the US. Luckily, we are not in the same lot as the US. Most of our trade is now from Asia. China is becoming our biggest foreign investor. The USD might devalue, but I...

During this seminar on the week-end, this video was mentioned: The Money Masters It's really long, but it includes quite a bit of US history from a bankers perspective. It seems a bit of a conspiracy theory, but the private nature of the federal reserve is a bit disturbing. They also...

Interesting replies. What worries me about gold is that its value is so much based on people's beliefs. It may be good to hold during a crisis, but fundamentally there is no desperate need for gold. At least there is a need for shelter/ property. In the late 1970's, I have heard that it...

I was at a seminar last week-end, from Bill Zheng. One of things he is pushing at the moment is gold. The argument for gold being that, with all this money being issued after the GFC, high inflation is inevitable. So to protect yourself against inflation, you buy gold. You could also buy...