Content provided by The Perth Mint In his testimony before Congress in 1912, American financier and investment banker J.P. Morgan stated, “Gold is money. Everything else is credit.” In this article we look at the definition of money and discuss why it is that many still regard gold as ‘real’ money. According to the classic definition, money…
Content provided by The Perth Mint Introduction: Why do people still invest in precious metals? “Many astute investors allocate 5-10% of a diversified portfolio to gold.” Precious metals such as gold and silver have been valued as a store of wealth for generations.Contemporary investment vehicles are today making this asset class more convenient than ever…
Written by Paul Miron, Managing Director, Msquared Capital In our July board meeting with our Chairman, we discussed a recent article, titled “Super Shake Up”, featured in the Australian Financial Review. It ranked the performance of the 50 largest ‘balanced’ (or ‘growth’)1 Superannuation Funds in Australia, with only 3 reporting an absolute profit (of 1.6%, 0.6%…
Content provided by The Perth Mint It’s hard enough to protect wealth in the current environment, let alone grow the value of your investments. The prospect of stagflation is the latest black cloud on the horizon – the challenges of which are worth familiarising yourself with. Stagflation is broadly defined as a period of high and rising…
Written by Mark Pey, Director and Co-Founder, Rush Gold Declining values for paper-based assets like shares and bonds might be making physical assets such as gold and other commodities more appealing. But if you seek to hold gold bullion, make sure you keep the regulators onside (of which more later). Recent market news has shown…
With headlines talking of a volatile and challenging year to the end of June; citing geopolitical tensions in Eastern Europe, rising inflation and interest rates lead to equity markets here in Australia and overseas falling. It’s hard to keep any eye on the big picture that is our investment strategy, let alone the bigger one;…
Written by Paul Miron, Managing Director, Msquared Capital For the past 40 years, inflation in the western world has not triggered any emotion…until now. Naturally, the question we must ask is: What exactly has caused the sudden panic, fear, and obsession with the subject of inflation? In central banks’ pursuit of taming inflation, we have seen…
Content provided by Thinktank Written by Per Amundsen, Head of Research, Thinktank It’s a well-worn saying, “the devil is in the detail”. Only, in this instance, when it comes to the ATO’s self-managed super funds (SMSFs) statistics, the angel is in the detail. That’s the only conclusion that can be drawn from the regulator’s latest…
You do not need me to tell you that financial markets are experiencing ‘interesting times’. From what appeared as a full-on recovery in the economy and positive outcomes for investors late last year and early into the calendar year, we are hearing talk of bear markets and even a possible recession. And of course, those…
Content provided by S&P Dow Jones Indices While comparing active funds against their respective benchmark indices is a typical practice to evaluate their performance, persistence is an additional test that can reveal fund managers’ skills in different market environments. We measure the performance persistence of active funds that outperformed their peers and benchmarks over consecutive…