Hong Kong Property
HK banks do not cut mortgage rates
For each of the previous instances in this interest rate cycle, the Hong Kong Monetary Authority and the Hong Kong banks followed the action of
Book Review - Richistan
Richistan is Wall Street Journal reporter Robert Frank's look at the "New Rich". It was an impulse buy at the airport to give me ...Studies in Wealth (Destruction) - Robert Vesco
Although Robert Vesco died in exile in Cuba in November 2007, his death was not widely reported until last week.Vesco will be best remembered as ...Silver purchased
After exiting my position in silver several weeks ago, I have watched as the price of silver (and other precious metals) has consolidated. This ...Inflation - understated (1)
PIMCO's Bill Gross joined the chorus of people who believe that inflation is understated (or, at least that CPI type indices understate the true rate ...Inflation - undertstated (2) - the implications
In part 1 of this post I made the point that CPI type indices which are typically used as proxies for inflation tend to understate ...Silver sold
With the price of silver going up and down faster than my comfort level I exited the silver position earlier this afternoon. As the position ...Book Review: Mellon
David Cannadine's very detailed biography of Andrew Mellon weighs in at over 620 pages (with another 150 pages devoted to footnotes and an detailed index). ...Monthly Review - May 2008
Although my net worth showed a decent increase for the month this was a case of a substantial bonus from my employment offsetting losses on ...Interest Rates - Is the cycle turning?
Over the last 12-18 months Hong Kong investors have been beneficiaries of interest rates that started at modest levels and became progressively cheaper. This ...Related Links: Hong Kong Property, Rent Buy Apartment



