How about some Monday morning reader mail?
Please explain both the differences and the areas of commonality between the “Aussie Small Cap Investigator,” and the “Diggers and Drillers” newsletters.
Both focus on shares we think will go up. One (Diggers and Drillers) concentrates on tipping shares in the mining, oil, and energy sectors. The other (Australian Small Cap Investigator) tips shares we think can go up five to ten times based on a big business breakthrough (alternative energy, for example).
And another letter.
Does your editorial speak from the point of view of living in the US or Australia? Does the trade of the decade have more pertinence to us living within the AU economy? We can buy more gold per Aud than we could 12 months ago with the lowering of the USD notwithstanding the increase in the price of gold overall. Could you please educate us masses as to your perspective of the differences faced by an Australian investor as opposed to a US investor in our current diametrically opposed economies. Also could you clarify which viewpoint you are talking from; Aus or US, when you make specific observations,
The top half of the Daily Reckoning comes from the Old Hat Factory here in Melbourne. Our team is global (an American, a Frenchman, and an Australian). We monitor global markets because…well everything is connected to everything these days. In our subscriber services, Diggers and Drillers and Australian Small Cap Investigator we tip Australian shares for Australian investors.
The Daily Reckoning itself is a global franchise, with offices in London, Paris, California, Baltimore, and South Africa. It was started in 1999 by Bill Bonner, whose notes you generally read in the second half of each issue. Bill, like your Melbourne-based editor, is an American expatriate who follows the markets from abroad.
It would be tough to summarise Bill’s analysis. But he’s written a few books to tell you where he thinks we’re headed. Here’s the short version: America is headed towards a Japanese-style slow-motion depression as it slowly sinks under a vast Empire of Debt and is propelled from one financial disaster to the next by the irrational behavior of investment crowds and political parties bent on getting something for nothing.
The Daily Reckoning Australia