Financial markets and institutions are mighty unstable no matter where you look these days. Europe, America, China, Australia. Where are you supposed to go to invest your money?
February 11th, 2012 | Nickolai Hubble | 1 comment | ContinuedAll Posts Tagged With: "inflation"
Buying Gold in Uncertain Times
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 | Continued
Currency Wars
The currency wars are heating up. On Wednesday, Federal Reserve boss Ben Bernanke promised speculators he would keep interest rates low until 2014.
January 27th, 2012 | Greg Canavan | 1 comment | Continued
The Daily Reckoning’s Best of 2011
Happy New Year!
Normal Reckonings resume Tuesday, January 3rd. To tide you over, we’re continuing a tradition we started last year. We reflect on some of the more colourful predictions of 2011. What follows is a selection of musings from Dan Denning, Bill Bonner and the DR team.
January 1st, 2012 | Dan Denning | 0 comments | Continued
Will This Great Correction Bring a Darkness Without a Dawn?
So far, the Great Correction has followed the usual script. Bond yields have fallen. Price inflation has generally come down. But demand for credit — as evidenced by $10 trillion government financing costs — is running hot. This is no typical downturn. And it wouldn’t be too surprising if all this demand for credit pushed up bond yields.
December 14th, 2011 | Bill Bonner | 1 comment | Continued
Dealing With Debt Problem Depression
We resolved not to be depressing today. And in truth despite the growing global debt problem – we’re not, for two reasons…
November 29th, 2011 | Dan Denning | 1 comment | Continued
Stimu-less
Sunday will be the day Germany pays its final reparations for the conflict which began in 1914. Bond holders under the Treaty of Versailles will receive their final payment and it will all be over. A small milestone for the revered austerian herself, Chancellor Angela Merkel, in paying off Germany’s debts.
October 2nd, 2010 | Nickolai Hubble | 1 comment | Continued
The Legacy of the Current Recession
Epithet for a doomed economy…What will they say? How will they describe the ’00s and ’10s? Irish Prime Minister Brian Cowen was accused of being drunk when he gave a “croaky” radio interview two weeks ago. He denied it. But we’d be tempted to turn to the bottle too…
September 30th, 2010 | Bill Bonner | 0 comments | Continued
When Zombies Buy Gold
The advisors told their clients to buy gold. The economy must be improving they said. The recession ended more than a year ago. The recovery hasn’t been as strong as anyone wanted. But there must be a recovery underway…and it must mean that inflation and gold will go up.
September 28th, 2010 | Bill Bonner | 0 comments | Continued
Is the Bull Market in Gold Over?
Gold hit three new record highs last week. This week, following the announcement by the US Fed on Tuesday, it is hitting still more highs…closing in on $1,300 as we write. Gold should go up with consumer prices. But, for nearly two decades – from 1980 to 1999 – gold went down while consumer and asset prices rose.
September 27th, 2010 | Bill Bonner | 0 comments | Continued
When Gold Goes Up
“Gold is saying something,” writes Bloomberg columnist Mark Gilbert. What’s it saying? Nobody knows. Well, at least nobody who works at The Daily Reckoning. We listen. We hear. But we still don’t know what the hell gold is talking about. The yellow metal is speaking in riddles.
September 27th, 2010 | Bill Bonner | 25 comments | Continued
Thank God for Bailouts
Considering the Labor Government’s record when it comes to government construction programs, we would like to issue the following warning: Do not go bush walking. You may be run over by a tractor laying fibre optic cable for the NBN trials.
September 25th, 2010 | Nickolai Hubble | 1 comment | Continued
Which Way for Stocks? Bonds Give a Clue
I’ve spent a lot of time this week sitting around reading odd stuff and mulling over clues. I did find some clues in the bond market that tell us where the stock market may go next. You’ll be surprised at what these clues say. They come from a look back at history.
September 22nd, 2010 | Chris Mayer | 0 comments | Continued
Technicalities
What’s your take on technical analysis? The idea that prices can be forecast from charts seems counterintuitive, let alone at odds with the Daily Reckoning philosophy. Well, working alongside Murray Dawes, our trader here in St Kilda, would change your perception rather quickly.
September 18th, 2010 | Nickolai Hubble | 1 comment | Continued
Why the Price of Gold Goes Up in a Struggling Economy
Our dear readers who bought gold back in 1999 have made about 4 times their money. This year alone it is up 15% – a very respectable return. Most of that has come as a result of paper currencies going down. Investors are buying gold to protect themselves.
September 17th, 2010 | Bill Bonner | 16 comments | Continued
