Is Time on Your Side?
Measured in gold, the dollar has lost 99.111% of its value since 1971. We got the full value of the dollar 54 years ago. Our children get only a chemical trace of it.
The Daily Reckoning Australia
Tax raids are a sign politicians are growing up
Governments only do the right thing after exhausting all other options. Raising taxes suggests we’re getting closer to real reform.
An Almost Miraculous Way
Our local padre came over to bless the new chapel. The wind blew cold and hard across the yard. The local people gathered outside, bundled up in winter coats and caps, to celebrate its sanctification.
The Drought Tried to Stop it
This year’s grape harvest finished up here in Gualfin a few weeks ago.
The Dirty Work of History
Could these things be corrected? Could the slippage be stopped? Yes, theoretically. But in practice, History has her own story to tell.
The bond market has a licence to kill you
Bond yields can rise because of optimism. Investors selling bonds to buy stocks. But that’s unlikely to explain the recent surge in yields. So, what does?
