BY Daily Reckoning POSTED June 04, 2018
It’s impossible to get anyone excited by gold these days. Even though it’s now back above $1,700 an ounce… Even though it’s […]
BY Callum Newman POSTED May 25, 2018
It might be cold down here in Melbourne but things are heating up in the United States.
I’m not talking about the coming summer in the Northern Hemisphere. I’m referring to the US financial system..
You see, most people will have you believe that rising interest rates are bad for the stock market.
BY Callum Newman POSTED May 09, 2018
Have you been watching gold stocks?
Gold priced in Aussie dollars closed at AU$1,763 overnight. Any further rise now and the cash could really start pouring into Aussie gold producers.
Nobody is more surprised to be writing about gold positively than me.
BY Callum Newman POSTED June 05, 2018
That’s the sound of billions rattling into the tills of Aussie resource companies.
The Australian reports this morning that miners as well as oil and gas firms just had their best quarterly operating profit ever.
BY Shae Russell POSTED April 17, 2018
Another day, another development in the Royal Commission into banking.
To date, the ‘revelations’ have been rather dull.
So far we’ve heard about some pushy sales staff hawking bank products…a few dodgy documents…some fraudulent loans…and a handful of financial advisers being behind on their training requirements.
New BY Shae Russell POSTED 7 hours ago
The final trading day of last week turned out to be more interesting than originally thought.
Of course, it all unfolded while Australians were sleeping.
BY Daily Reckoning POSTED June 06, 2018
Increasing national gold reserves, should the RBA decide to, wouldn’t happen in isolation from a central bank perspective.
That’s no different to the RBA’s decision to sell a large portion of physical gold reserves in 1997. Which it did alongside sales by many other central banks.
BY Daily Reckoning POSTED June 05, 2018
It can’t be easy being a central banker.
Even at the best of times, it’s hard to come up with interest rate settings that can foster economic growth and employment…
All the while controlling inflation, ensuring it doesn’t run too far beyond the target band, and monitoring overall financial stability.
BY Callum Newman POSTED June 15, 2018
The good news in the mining sector just keeps rolling in…
Today, management at BHP Billiton Ltd [ASX:BHP] announced that they’ve given the go-ahead to the $4.5 billion South Flank iron ore mine in Western Australia.
That’s a fair chunk of capital spending in anyone’s book.
BY Callum Newman POSTED June 12, 2018
Since my stock advisory Small Cap Alpha launched last year, I’ve made the case that mining would rebound strongly because of solid demand for commodities and underinvestment.
We’ve benefited from this already. All our associated mining plays are up from their initial recommendations.
The markets rarely offer you a chance to make serious money the same way twice.
But, as I’ve talked about all week, I think it’s going to happen right here in Australia. If you caught my email from earlier this morning, you may have already seen why.
BY James Rickards POSTED May 31, 2018
Each crisis is bigger than the one before. In complex dynamic systems such as capital markets, risk is an exponential function of system scale. Increasing market scale correlates with exponentially larger market collapses.
BY Shae Russell POSTED May 31, 2018
The mighty US dollar…
It’s the epicentre of the global financial system…
The safe-haven asset for global markets and investors…
The greenback — the currency global markets rely on to remain resilient — may actually cause the next financial crisis.
BY Shae Russell POSTED May 24, 2018
You’re wealthier than ever before.
Yes, you really are.
What, don’t you feel rich?
Well, there might be a reason for that…
It involves the slow and subtle destruction of your wealth. Though you’ll never hear the government admit it.
BY Callum Newman POSTED June 16, 2018
In 1904, Sir Halford John Mackinder, a British geographer and academic, presented a paper to the Royal Geographical Society.
The Geographical Pivot of History is a remarkable paper for two reasons.
For starters, it gave birth to the modern science of geopolitics.
BY Shae Russell POSTED June 14, 2018
Donald Trump and North Korea are dominating headlines once again.
Have the two sparring leaders put their differences aside for the sake of global peace?
Either way, this media sleight of hand is intended to get you to look the other way.
BY Shae Russell POSTED June 12, 2018
You probably saw the glossy headlines last week.
The Aussie economy expanded 1% in the first quarter, bringing annual growth to 3.1%.
A sign of a booming economy, right?
On the surface, yes.
This latest round of economic data means that Australia has entered into its 27th year without recession.
BY Callum Newman POSTED June 18, 2018
The mainstream headlines are still screaming about a trade war happening now, but you wouldn’t know it going off the statistics from the Panama Canal.
The Wall Street Journal reports that US shipments of LNG and petroleum are booming as American tankers cut through the Americas on their way to Asia.
BY David Stockman POSTED May 19, 2017
I began a post this week with a warning about the ludicrous complacency rampant on Wall Street, and that its days were numbered.
And that was before the New York Times’ incendiary story about Comey’s butt-covering notes on his alleged conversations with the Donald:
BY David Stockman POSTED May 16, 2017
The Deep State is escalating its war on President Trump but the Wall Street partiers apparently couldn’t care less. When the machines tagged 2402 on the S&P 500 yesterday, it was surely a historic case of “look ma, no hands!”
It’s hard to imagine what more will be needed to ignite an eruption of fear and panic in the casino amidst Wall Street’s record and wholly irrational state of somnolence.
BY Gerald Celente POSTED June 03, 2017
If you want to talk about a big trend that began taking shape, look no further than the state of cash — the pace at which currency across the globe was challenged or devalued accelerated in the past year.
The stage is now set for even greater momentum: In 2018 and 2019, there’ll be a global sprint toward
BY Gerald Celente POSTED May 02, 2017
Here’s a startling statistic: Every 66 seconds, someone in the United States is diagnosed with Alzheimer’s disease.
People are living longer. And the medical community continues to advance treatments for cancer and heart disease to prolong life.
But Alzheimer’s awaits a cure — even a treatment — that significantly slows its destructive nature.
BY Gerald Celente POSTED April 19, 2017
Increased military spending is a trend that’s here to stay. The more aggressive Trump becomes, in fact, the more the big-name defence contractors stand to benefit.
BY James Altucher POSTED January 11, 2018
Here’s the problem: Most people who know a lot about bitcoin can only speak ‘tech’.
I was at a conference recently. I was the keynote speaker but had zero talk prepared (as usual). It was a crowdfunding conference, so I ‘crowdsourced’ my talk.
BY James Altucher POSTED January 06, 2018
Bitcoin briefly topped out above US$20,000 in December. Then it hit a rough patch. As I type, bitcoin is trading in the $14,500 range. Many people wonder if this is the beginning of the end for bitcoin.
Here’s my answer to that: no, it’s not. Not by a long shot.
BY James Altucher POSTED December 21, 2017
I’m convinced investors will make fortunes in cryptos even starting with a small amount of money. But only if they avoid the scammers.
So I urge you to ride the crypto boom for all it’s worth. But please heed my advice, commit it to memory and take these security efforts very seriously...
Watch out for scammers online.
BY James Rickards POSTED June 12, 2018
Is the Federal Reserve ready for the next recession?
The answer is no.
Extensive research shows that it takes between 300 and 500 basis points of interest rate cuts by the Fed to pull the US economy out of a recession.
BY James Rickards POSTED June 08, 2018
Emerging markets (EMs) have had an amazing run over the past two years. Moving in lock step with US stock markets, the leading EM stock ETF has produced gains of over 50% since early 2016.
BY James Rickards POSTED June 07, 2018
The first time I appeared on live television to discuss finance was on 15 August 2007. It was a guest appearance on CNBC’s Squawk Box program at the early stages of the 2007–08 financial crisis.
BY Mat Spasic POSTED June 16, 2018
It’s a story about the existence of a higher power. About good and evil. About self-examination. And about even social status.Herman Melville’s literary classic Moby Dick is many things.
It’s also a tale of a bloke seeking vengeance on a whale that bit half his leg off.
BY Mat Spasic POSTED June 12, 2018
In the mid-90s a man called Alan Greenspan was Chairman of the US Federal Reserve. That’s the central bank over there.
Under his watch, American stocks were bubbling along nicely.
In 1990, the NASDAQ was valued at just over 600 points. By 2000 it had rocketed to 5,000 points.
That’s a 733% rise.
BY Mat Spasic POSTED June 02, 2018
Tesla can’t catch a break…
This week a Tesla Model S crashed into a stationary police SUV in California.
It immediately raised fresh doubts about the future of self-driving cars.
Apparently it’s a surprise to the Silicon Valley whizz kids that computers can be just as unpredictable as people on the roads.
BY Nick Hubble POSTED May 23, 2018
It turns out that investing is really very simple…in a way.
Howard Wang of Convoy Investments explains that investment prices are driven by the amount of money and assets.
Asset price = quantity of money/supply of assets.
If there are $100 in the world and only one investment, then that investment is worth $100.
BY Nick Hubble POSTED May 02, 2018
Do you remember when subprime loans were a small problem in an obscure part of the US mortgage market?
Next thing, all hell broke loose…
Well, today we investigate a similar scenario.
At first, it appears to be a small problem in an obscure part of the Australian mortgage market. The only problem is that it’s not small
BY Nick Hubble POSTED April 11, 2018
What does the future hold for the US dollar?
As the US dollar is the world’s reserve currency…the currency of the biggest economy…and the currency of international trade…when you’re discussing the US dollar, you’re discussing everything else too.
BY Nomi Prins POSTED May 01, 2017
During a frenzied Friday afternoon, on March 25, House Speaker Paul Ryan trudged over to the White House, head bowed in apparent humility. He was there to tell the big boss that they weren’t going to get the 216 votes needed to pass the legislation that would “repeal and replace” Obamacare.
BY Nomi Prins POSTED April 03, 2017
The biggest banks are still as dangerous as they were before the last crisis, even as they push for less regulation.
The big six banks U.S. banks are JP Morgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs, and Morgan Stanley. Despite their belly-aching about heinous Dodd-Frank Act regulations cramping their betting style, they have all done damn good recently.
BY Nomi Prins POSTED March 02, 2017
In the future, U.K PM Theresa May could look back on the canceled meeting between President Trump and Mexican President Peña Nieto on January 26 as the luckiest break in her political career.
A week after Trump took office, he and President Nieto called off a scheduled visit, and may have gotten close to starting a trade war between the U.S. and its third biggest trading partner.
Three Ways to Profit from the Great Commodities Comeback
Australian mining is poised for a major comeback in the next few years.
This is exciting.
If you’re looking for investing or trading ideas, this sector is one to start with.
Opportunities to potentially make big money are likely.
In this exclusive research report, Callum Newman shows you why…