MissI

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Chinese buyers flood U.S. housing market

Flush with cash, Chinese homebuyers are flooding into the U.S. housing market, and paying top dollar.<p>"The Chinese came out really huge in the past year," said Jonathan Miller of Miller Samuel, a New York-based appraiser.<p>Chinese buyers accounted for 18% of the $68.2 billion that foreigners spent on …

Is Gold Really Worth $40,000 Per Ounce?

My mom – who is going on 95 years old – grew up on a farm in rural California. Her home did not have electricity and she studied by kerosene lantern. An uncle who lived in the city came for a visit and gave my mom and her two siblings a rectangular piece of paper measuring about 3 inches by 6 …

Photographing Tokyo's Coolest Escalators

Extreme Plane Spotting at Maho Beach, Saint Martin

Located on the Dutch side of the Caribbean island of Saint Martin (i.e., Sint Maarten) is the famous Maho Beach. While it has the characteristic …

When Safe Havens Become Bubbles In Disguise

The search for yield in an increasingly yield-less world has become the biggest financial sport in town. The logic is understandable. Thanks to our beloved central bankers, traditional investment portfolios heavily reliant on government bonds and cash are earning little, or worse when inflation is …