Nickolai Hubble

Stablecoins risk causing a global economic civil war

One trend will dominate financial markets in 2026. It centres on the most boring investment you can imagine. A cryptocurrency that doesn’t change in price.

Was 2025 a year of inflection points in financial markets?

Turning points are notoriously difficult to get right. But they offer the biggest gains in financial markets. 2025 was full of such inflection points.

The problem with government is that it eventually runs out of other people’s money

The days of political promises and causes are over. We can’t afford whatever the politicians come up with next. We’ve run out of other people’s money.

What does the rise of the “far-right” mean for financial markets?

The “far-right” now leads in an extraordinary share of the world’s major economies. Chile is only the latest example. But what does this mean for investors?

Dead cats and commodities both bounce

Governments have crushed resource production. Companies have under invested in exploration. But demand is about to spike. What could possibly happen next?

“Made in China” is the opiate of the masses

Trump wants to divorce China. But China just amended its divorce law. Assets are no longer split 50/50. Instead, they are divided based on who contributed financially.

How the Germans got rid of their OBR

The OBR is behaving like the British officials running the German economy in 1948. Once the Germans got rid them, it unleashed an economic miracle.

How to save this government

The premise of putting the OBR in charge of the country was simple. Number crunchers should prevent political idealogues from going on a rampage. The trouble is, they’re just as ideological.

Prepare for President Trump’s Mississippi Bubble

You’ve probably heard of the 18th century South Sea Bubble. But did you know it was a scheme designed to cut the national debt? One that’s about to repeat…

Why it’s time to cross the Styx and plunder the Kingdom of Hades, quietly

Mining investment legend Rick Rule once told me where the next great mining boom would occur. “They’ll be digging to Hades!” he said. Today, I’ll reveal all…

Can Trump “court pack” the Fed in time to save the stock market?

Trump’s three appointees to the Supreme Court saved him from the Democrat’s lawfare. But who will save him from Chairman Powell’s revenge before the mid-terms?

Gold is flying its pennant again

The latest pennant formation suggests the gold price will go sideways for a few weeks before the next leg higher. But there may be a better way to profit.

The secret of the rich is up for the taking

Long before tech unicorns were spotted hiding in every business plan, some families managed to get filthy rich. How did they do it? The second easiest way…

Sir Isaac Newton would’ve bought into the AI bubble now

Newton once frequented taverns in the seedier parts of London. Not for any lecherous activities. He was looking for something even less credible…

The block of Genesis was wrong

In today’s Issue: Bitcoin was supposed to replace fiat money No better than Airbnb or Uber in the end A quadrillion dollar insurrection is coming…

“Keep your eye on one thing and one thing only”

All government spending must be paid for somehow. Whether we’re taxed, indebted or inflated away matters less than you might think. But who’d cut spending?

Can the UK economy still be saved from its government debt?

Rachel Reeves is discovering that tax revenue is not a knob you can dial up and down. Taxpayers are fickle things. Tax them too much and they play dead.

AI is going off grid, with or without you

Is the climate panic over already? We’ve barely gotten started on net zero! What form of alarmism could possibly be next? Actually, a very energy hungry one…

The next phase of Blackout Britain is terrifying

We are looking at a sustained period of electricity grid failures. And repairs will mean further delays for new projects. This disaster has barely begun.