The movement in the price of gold seems to be heading up again — almost no matter what else is happening. So, let’s look at what might be going on…
February 6th, 2012 | Bill Bonner | 2 comments | ContinuedAll Posts Tagged With: "credit bubble"
How the Fed Prints Money Under the Guise of Currency Swaps
The Fed is ramping up its currency swap activity again. Meaning, Federal Reserve Chairman Ben Bernanke, is printing money again. That’s bad enough. But this time, after he prints it, he sends it over to Europe. Crazy, but true.
February 2nd, 2012 | Eric J. Fry | 2 comments | Continued
On the Edge of Evolution: An Investment Story in Three Acts
Today’s story is how the investment world you live in came to be…and how we’re on the edge of a great leap forward…or a great leap into a deep abyss. If you don’t have time to read it, go over to Facebook and tell everyone you’re too busy to read about the most important investment story of your life.
February 1st, 2012 | Dan Denning | 2 comments | Continued
How Australia’s Terms of Trade is Riding the Dragon
Today’s terms of trade boom exceeds anything Australia has seen in previous booms. The wool booms in the 1920s and the 1950s – both war related – helped Australia ride the sheep’s back to prosperity. This time, Australia is riding the Dragon’s back to prosperity.
January 23rd, 2012 | Dan Denning | 6 comments | Continued
China – The BRIC About to Smash Through Australia’s Windscreen
The BRICs – Brazil, Russia, India and China – are supposed to be the upcoming economic boomers of our age. In fact, the BRICs theory was our first exposure to the world of economics. But now part of the story is looking a little shaky.
January 21st, 2012 | Nickolai Hubble | 0 comments | Continued
Why Low Interest Rates are Bad for the Economy
A year ago, the RBA and the horde of market economists who hang on its every word expected interest rates to be higher by now. Even as late as September 2011 the RBA was sitting on its hands, unsure which way to move.
January 20th, 2012 | Greg Canavan | 4 comments | Continued
The Cinderella Story of China’s Economy
One of the big questions of the year is whether China’s economy blows up or not. Hard landing or soft? When will the clock strike midnight on the Chinese? Things are slowing down, and it feels like it’s getting late.
January 18th, 2012 | Chris Mayer | 0 comments | Continued
China’s Export Growth is Growing Old
China’s central planners are acting as if they can push on the accelerator (more bank lending) to promote more export growth. They are also trying to encourage more domestic consumption, while watching inflation carefully. It seems like a tricky balancing act.
January 10th, 2012 | Dan Denning | 0 comments | Continued
Europe’s Flawed Financial Transactions Tax (FTT)
Europe’s Financial Transactions Tax (FTT) may disincentivise financial transactions by adding to their marginal cost. But as long as the supply of credit and cheap money to the banking system remains abundant, the banks have an open invitation to speculate.
January 10th, 2012 | Dan Denning | 3 comments | Continued
The China Effect on the Australian Economy
Note to the market: The Eurozone crisis hasn’t gone anywhere. The US and Iran are facing off in the Straits of Hormuz, the world’s most important oil supply route. And China’s economic slowdown has only just got underway.
January 5th, 2012 | Greg Canavan | 2 comments | Continued
Australians More Interested in Investing in Property than on Stock Market
You’ll pardon the sense of inevitability in today’s Daily Reckoning. After all it’s raining. But even so, with over $1 billion in Melbourne property clearing auctions this week (at a clearance rate of 86%) it definitely feels like Australians have found a way to hasten their own financial day of reckoning. Of course not everyone agrees.
March 29th, 2010 | Dan Denning | 45 comments | Continued
Inflation and Deflation at the Same Time
Hmmm… Inflation? Deflation? Analysts and pundits are trying to look into the future. What’s coming?
March 23rd, 2010 | Bill Bonner | 1 comment | Continued
If the Economy is Recovering Maybe the Feds Will Reduce their Stimulus
If the economy really is heating up, mightn’t it melt all that money and credit frozen by the depression?
February 2nd, 2010 | Bill Bonner | 0 comments | Continued
Higher Rates Preventing Buyers from Looking for New Mortgages
But in the universe in which your editor woke up this morning, none of that has yet happened. That makes this world, at least to these eyes, surreal. It’s not like the facts aren’t evident. In Australia, for example, the average house price remains so far out of reach for the new buyer that it’s laughable. Yet day after day, everyone in the press (and in polite society) pretends that things are going along quite normally.
January 13th, 2010 | Dan Denning | 70 comments | Continued
A Date for an Aussie House Price Collapse
But we’ve done plenty of homework on the Aussie housing market. We’re either right or we’re wrong. Our forecast is not an option. There is no time decay. True, there may be people out there who are weighing up whether now is a good time to buy a house based on predictions about the direction of prices.
December 2nd, 2009 | Dan Denning | 251 comments | Continued
