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Wolf Review (King Dollar. The Past and Future of The World’s Dominant Currency by Paul Blustein)

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  (Contents) Paul Blustein, the author, starts the book with the overview of the dollar politics of recent years. The weaponising of the dollars to punish adversaries. Barring Russia and Iran out of the Society for Worldwide Interbank Financial Transactions or SWIFT in short, has undoubtedly undermined the status of the reserve currency of the world.  Many countries, including those traditional allies affected by the tariff, have woken up to the idea that the dollar supremacy with its exorbitant privilege will one day affect them due to the unsustainable debt obligations of the US. There was a brief history of the status of the dollar as the dominant currency of the world. It started just after World War 2 when Britain was almost bankrupt due to debt owed to the Americans. On came the United States and the US dollars slowly replacing the British pound in the late 40s as the preferred currency of world trade. The faith of the dollar was sealed when then the U.S president, Frank...

Wolf Money(Portfolio update end Aug 2026)

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  (Image credit: Charlie Rose and Mr. Lee Kuan Yew) Before I start, I would like to pray for the victims of the Nepal-Tibet floods. I hope the survivors and communities can rebuild their lives as quickly as possible. I pray for their recovery and safety. God bless. 🙏 Yours Faithfully, Mr. Lee I had my eyes glued to one particular auction that happened this month. A Montblanc pen, previously owned by SM Lee Kuan Yew, was back on the market for sale. Previously, the former owner bought it for $4,000 in a 2003 Sotheby’s auction. Mr. Lee is attributed to be the key architect of the founding of modern Singapore after gaining independence from the British. He had donated a fountain pen in the early 2000s for a charity auction. In the recent auction conducted by Hotlotz, a local online auctioneer, the pen was once again sold for a hair raising $461,500. The reason is clear why the new buyer was willing to pay a top price for the pen. The historical significance of the pen shared the same...

Wolf Money(world market review 24-30 Aug 2026)

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  (Image credit: GRACIOUSQUOTES.COM) Market Summary 24-30 Aug 2026 *USA*  -US headline PCE price index rose 0.2% MoM in Jul and 3.7% YoY, Core PCE index rose 0.2% and 3.3%, matching expectations  ± US GDP increase at annual rate of 1.5% in Q2: BEA on 2nd estimate  ± Warsh: Inflation must move toward target at sufficient speed; Fed has ‘work to do’ if above-target inflation persists  + US added average of 11,750 jobs per week in the 4th weeks end Aug 8: ADP  -US consumer sentiment index down 6.3% MoM to 51.7 in Aug, dropped 11.2% on annual level  -US consumer confidence dipped to 89.4 in Aug, vs 90.8 in Jul  -US trade deficit in goods rose by 17.2% from Jun to US$118.8bn in Jul  + US durable goods orders up 1.1% MoM or US$3.6bn in Jul to US$339.3bn  + US Treasury could tap into the US$1 trillion General AC to support govt bond buybacks: CNBC   ± US auctioned US$69bn in 2-year notes at high yield of 4.2%; bid-to-cover ratio 2.6, indic...

Wolf Money(Singapore Savings Bonds Sept 2026 result)

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  (Source: MAS) The results show more than half of the issue was taken up by buyers. $232.2m out of $400m found buyers. With the rising interest rates, next month SSBs might show a small uptick in yield. The rising bond yields are causing competition for deposits. The local banks have stepped up their fixed deposit promotion. For those amount less than $100,000, looking for safe harbour with less than a year timeframe. FD should be the product to consider. You can find FD paid close to 20 to 30 basis points higher interest than the first year of SSBs.  Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  Telegram Channel https://t.me/joinchat/oCgkD3sQFRMzMWM1 ( https://buymeacoffee.com/lonewolfinvestor ) Disclaimers   All investments is highly speculative in nature and involves substantial risk of...

Wolf Money(Singapore Savings Bonds Sept 2026 review)

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  (Source: MAS) It is no surprise the yield on the SSB has increased. It follows the trend of increasing yields around the world for long-dated bonds. The bond markets, especially in the US, Japan and the Eurozone are under pressure from inflation. The central banks are walking on tight rope as an increase in bond yield adds balance sheet pressure on companies doing refinancing. The first yield of the SSBs is producing a yield of 1.52%. With the rising yield. It is best to shop around for a higher yield on a short term fixed deposit. I have seen banks offering an interest rate of 1.68% for a 6 month deposit. If the banks are paying higher interest on deposit, interest rates on SGD loan will have to go up to compensate for higher deposit rates. Closing date for this month SSBs falls on 26th Aug@9pm. Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data m...

Wolf Money(Hotel Grand Central 1H26 result)sold

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  I waited till I sold the stock before I posted on my blog to prevent giving an impression of pump and dump. I sold HGC because there was no interim dividend. I was expecting some form of goodies for shareholders, unfortunately there was none. The results came in strong with net profit surging more than 325% from $3.4m to $11.2m. Revenue was up close to 10% for the first half 2026. Australia and NZ hotels performed better than last year. Singapore hotel was flat. The strong AUD vs SGD helps lift the number. No dividend was declared. LWF holds no share in Hotel Grand Central. LWF adds a 0.5% return to portfolio. More details at the end of month portfolio update. Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  Telegram Channel https://t.me/joinchat/oCgkD3sQFRMzMWM1 ( https://buymeacoffee.com/lonewolfinv...