Forget Blockchain — investors might want to consider putting their money into LEGO blocks, which appreciate faster than even gold, according to a recent study. Researchers at Moscow’s Higher School of Economics found retired LEGO sets appreciated in value 11 percent annually from 1987 to 2015 — more than gold, stocks or bonds. LEGO sets…
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Two things have prompted me to post this. The year is drawing to a close and it is interesting to see where the big moves in commodities have been. The agricultural sector has lead the way. Apparently gold went up 0.03% last night which caused my Linkedin feed to light up with people once again…
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Today at a Glance: China’s energy crisis is best understood through the simple, Econ 101 lens of supply and demand, with a particular focus on the coal market. Demand-side drivers primarily include a booming recovery from COVID-19 lows and a hotter-than-normal year that increased residential power usage. Supply-side drivers include coal shortages, import restrictions, utility…
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I am lead to believe that the Australian financial media have only just noticed that iron ore has been falling for two months. Just for those in the media who need to come up to speed here is a chart.
Do you ever get the feeling that every single investment idea or movement is the greatest thing since sliced bread. What interests me is that this sort of breathlessness even inhabits what you may liberally call the more refined corners of social media such as LinkedIn. Normally you would only associate rabid fan boy behaviour…
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