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The Daily Reckoning Australia

Something Wicked This Way Comes

In France, the voters turned against Macron’s ruling coalition. In Germany, they turned against the centrist Social Democrats and Christian Democrats in favour of more extreme alternatives. Anatol Lieven: Europe’s center is not holding ‘The collapse of the government in France and the ruling coalition in Germany spells continued crises.’ In America, too, voters selected […]

By Bill Bonner, Friday, 13 December 2024

Unwarranted Influence

Juan Hipolito del Sagrado Corazon de Jesus Yrigoyen. With a name like that, it was obvious that he was destined for a fancy business card. And in the early 20th century, he became president of the Argentine republic. But he — no more than Franklin Delano Roosevelt nor Donald John Trump — did not create […]

By Bill Bonner, Thursday, 12 December 2024

Miracle on the Pampas

Reuters…on the most exciting story in the financial world: Argentina’s Milei wants to make austerity great again. ‘Argentina’s libertarian President Javier Milei laid out a bleak vision in his maiden speech a year ago amid an economic crisis. He warned there was “no money”, pledged shock therapy for the economy and said things would get […]

By Bill Bonner, Wednesday, 11 December 2024

gold mine

Prepare for the coming gold stock takeover wave

Speculators in small-cap and microcap stocks have had a challenging year this year. Few have enjoyed successes while many faced setbacks. But 2025 could see a turnaround. There’s one place where the potential looks particularly enticing. It’s in gold stocks… specifically the explorers and early-stage developers.

By Brian Chu, Tuesday, 10 December 2024

Converted or Deleted

‘We did well under the first Trump Administration. We did better under Biden. I think we’ll do even better in the next administration.’ Palmer Luckey, co-founder of leading defense firm Anduril When Dwight Eisenhower was elected, he promptly cut military spending by nearly 30%. The war was over. Eisenhower understood that the nation should return […]

By Bill Bonner, Tuesday, 10 December 2024

A Dangerous Divergence in the Stock Market

The US stock market has utterly dominated its peers around the world for a decade. But like Icarus, they are now flying too close to the sun.

By Nick Hubble, Friday, 06 December 2024

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All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

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