Breaking the Spell
Instead of carefully studying the ledgers of public companies, investors and analysts are still enthralled by the same monster that created the Bubble in the first place. And now the question is: Will it ‘pivot’ this year?
Time and Stuff
Time and Stuff
It’s hard enough to figure out one business. Trying to understand and digest dozens of other businesses is hopeless. And last year, all of these ‘tech’ companies ran into the brick wall that separates the real world of time and stuff…from the fantasy world of Zuckerberg, crypto, and federal finances.
Christmas in Ireland — Part II
Christmas in Ireland — Part II
In today’s Daily Reckoning Australia, a mighty gold rally for 2023? I’m pretty confident about gold’s prospects this year. For one, central banks are no longer standing in the way. They’ve moved in line with us gold enthusiasts. Therefore, it comes down to whether 2023 will be like 2019 — when gold producers rallied hard as gold started breaking out — or 2020, where gold stocks went into a manic buying phase and explorers delivered an average 300% gain…
Christmas in Ireland
Christmas in Ireland
This is the first time we have spent Christmas in Ireland. Our family is spread out…between the US and Europe. Usually, we return to the old family farm in Maryland for the holidays. But this year, we decided to make it easier on the European contingent of the family
Rough Seas Ahead
Rough Seas Ahead
Reading the news, we find many ‘predictions for 2023’. The consensus view is that inflation will relent, the Fed will either ‘pivot’ or at least swing around to less of a ‘tightening’ program…and stocks will end the year higher.
I, Santos
I, Santos
The lies that matter are those that involve spending other people’s money…squandering the nation’s wealth…and turning its people into dependent numbskulls. Since press reports have exclusively focused on the lies that don’t matter, we know nothing about his lies that do matter
What Value?
What Value?
Like a dead fish or a live Congressman, the US economy continues to deteriorate. Rotting now is the housing market. From Forbes: ‘Home Sales Plunge to Great Recession Levels As “Frozen” Housing Market Adjusts to Elevated Mortgage Rates’: ‘Existing home sales fell in November for a record 10th-consecutive month, according to data released Wednesday by the […]
Insider-Outers
Insider-Outers
In today’s Daily Reckoning Australia, James builds on last week’s theme with more evidence of an emerging boom in the resource sector.
Using his experience in the industry, he’s uncovered data that you’re unlikely to find in any mainstream analyst report. These are the clues that give investors the edge. Read on to find out more…
They, the Elite
They, the Elite
In today’s Daily Reckoning Australia, Jim Rickards delves into what to look for on the yield curve and how this relates to future predictions in this instalment of his four-part series. To find out more, keep reading…
The Big Shrink
The Big Shrink
In today’s Daily Reckoning Australia, crypto sceptics are given yet more ammunition for their arsenal of concern with SBF’s arrest, and the Binance auditor is likely shaking in his boots. But while all this is going on, no one is paying attention to US banks on the brink of collapse…
