August 22, 2012

Mongolia Road Trip Part I


I’ve now spent the majority of the last two years of my life in Mongolia, yet I haven’t really ventured much outside of the capital of Ulaanbaatar. Last weekend, some good friends of mine took a roadtrip and I naturally decided to tag along. Here’s the photologue of our trip. I hope you enjoy it as much as I enjoyed living it…. We started Read More
Categories: Travels
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August 7, 2012

Gold Bottom??


Has it bottomed? Is this it? Of course, I’m talking about gold. I don’t know if the bottom is in, but I think we’re getting close. How do I know? I don’t. However, I am a huge believer in sentiment. Sentiment is just absolutely awful. Courtesy of Lance Lewis at www.dailymarketsummary.com Essentially, a collection of newsletters that are marketed to gold investors are suggesting that Read More
Categories: Investments
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August 3, 2012

Kazakhstan Part II


Please see Kazakhstan Part I if you missed it. You cannot have a real estate bust without debt — lots of it. When looking at real estate busts, very few American cities can even come close to the epic collapse that Almaty, Kazakhstan’s largest city, experienced. Of course, to have a bust, you also need a boom, and here again, Almaty’s ascent from Communism is the Read More
Categories: Travels
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June 17, 2012

Kazakhstan Part I


It’s now been a bit more than 2 weeks since I spent a few days in Almaty, largest city and economic capital of Kazakhstan. I’m still trying to process it all. When people think of Kazakhstan, they naturally think of Borat, but that is simply a mistake. Almaty is such a sophisticated and cosmopolitan city with the unfortunate residue of Soviet architecture. Even here, Read More
Categories: Travels
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May 14, 2012

Frontrunning China’s Insatiable Demand For Gold….


I like investing in commodities because they’re very simple to understand—it’s all about supply and demand. Naturally, I take a very strong interest in the increasing demand for gold coming out of China. You see, in the short run, the paper markets (leveraged traders) rule the day. In the longer run, the physical market is all that matters. In the past few months, we’ve Read More
Categories: Investments
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