How Your Savings Are a Government’s Plaything
The gold price in US dollars is breaking out as I write this. After months stuck in a sideways range, is this the move upwards we’ve been waiting for, at last?
The Great Reset Sets Up the Davos Accord
The Great Reset Sets Up the Davos Accord
Jim Rickards was right about many things in his career. Perhaps because he was on the front lines of history for much of that time.
Is Australian Destined for a Commodity Comeback?
Is Australian Destined for a Commodity Comeback?
It shows the Goldman Sachs Commodity Index divided by the Dow Jones Industrial Average.
Yes, I know what you’re thinking. What sort of twit thinks this best determines where to live…?
COVID-19 Unmasked at Last… We’re the Sceptics Right?
COVID-19 Unmasked at Last… We’re the Sceptics Right?
On Wednesday, my mum was interviewed by her local newspaper as she left IKEA. ‘What brings you to IKEA during a time like this?’ the journalists asked her. The implicit question was how she could be dumb enough to risk her life for furnishings. She gave quite an answer, which I don’t know how to […]
Deferring Doom Doesn’t Work
Deferring Doom Doesn’t Work
Governments and central banks around the world are busy forestalling. The question is whether it’s the inevitable. Job losses, bankruptcies, mortgage defaults, corporate bond defaults, austerity or sovereign debt defaults, and plenty more. Does delaying them lead to avoiding them in the end? I’m not so sure, either way. But we’re going to find out […]
Loch Ness Monster Surfaces on Central Bank Balance Sheets
Loch Ness Monster Surfaces on Central Bank Balance Sheets
And you thought Nessie wasn’t real. But now, we finally have proof, right here in this chart: Source: The Market Ear [Click to open in a new window] Do you see the distinctive shape? The humps and the long neck? The fins and the tail? [conversion type=”in_post”] Who would’ve thought Nessie has been hiding out […]
Before It All Ends Badly, They’ll Do This to Money
Before It All Ends Badly, They’ll Do This to Money
After millennia of financial and economic strife, central bankers and politicians have finally figured it out. There was never any need for recessions, bankruptcies, unemployment, or bear markets. All you have to do is print and spend enough money to cure all such ills. There’s an easy way out after all! No doubt you’re chuckling […]
Did Germany Just Blow up the Euro?
Did Germany Just Blow up the Euro?
When I first began writing The Daily Reckoning Australia Weekend Edition in 2010, my job title was a running joke. I had several roles in the company which were completely unrelated, leading to a lot of confusion. One of my roles was to follow the European sovereign debt crisis closely and report back to readers. […]
Special Interview: Hear What Jim Rickards Has to Say Right Now
Special Interview: Hear What Jim Rickards Has to Say Right Now
I have a unique weekend edition for you today.
Earlier in the week, there was a multi-country Skype call.
A New Bull Market in the Making? — The ASX 200 On the Move
A New Bull Market in the Making? — The ASX 200 On the Move
The ASX 200 is on the move. Before Friday’s trading we were up 12% from Monday’s lows. But down 28% from the highs of last month.
