• OUTLOOK ARENA
  • FEBRUARY 10, 2014

Has wealth been stored in gold post Lehman?

Here is today's recommended reading list from Equitymaster...

Has wealth been stored in gold post Lehman?
It is becoming increasingly apparent that the collective wealth of the rich has increased significantly since the global financial crisis. When Lehman Brothers went bankrupt in September 2008, the Fed launched extraordinary measures to save the US economy from a second great depression. Huge amounts of liquidity were injected into the economy. It has eventually found its way in to the hand of high net worth individuals around the world. As this interesting article points out, they have chosen gold as their preferred investment. Read on to find out more. (SafeHaven)

US will have to deal with slow growth in the long run
There were hopes that 2014 would be a turnaround year for the US economy with growth likely to breach the 3% mark. But that seems easier said than done. The US Fed's money printing policies have largely been a failure, unemployment and weak job prospects continue to be a huge problem. Unless there is a significant improvement in the jobs scenario, consumption in the longer run is likely to remain subdued. In such a situation, what is the likely growth rate that the US is expected to report? Read on to find out. (Money News)

Be the change you want others to make
While this is not a typical investing related article, it is an interesting one wherein the author talks about the changes he made in his life after realising that it is not easy to change other people. And rather, he makes those changes in his life which he wishes to see in others with an aim to possibly inspire them in some way. (Gurufocus)

Is China staring at a currency crisis?
As per latest reports, China's gold consumption jumped 41% in 2013 to exceed 1,000 tonnes for the first time. This excludes the purchase by the Chinese central bank. Is the increased appetite for gold in China a shrewd investment trend? Or is it in anticipation of a currency crisis? As per yet another report, the borrowing cost for Chinese companies has soared to 20 month highs. And with that several companies are staring at the economy's first bond default. What could this mean for the Yuan? Read on to find out. (Bloomberg)

Copyright © Equitymaster Agora Research Private Limited. All rights reserved.
Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.

SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.

Equitymaster Agora Research Private Limited (Research Analyst)
103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407