Back with the Breeze
People are neither always good nor always bad, but they are always subject to influence. The last three decades tells them they can get other peoples’ stuff without ever paying for it.
The Daily Reckoning Australia
The commodity cycle has bottomed, again
Governments crushed resource permitting. Companies under invested in exploration. China overproduced and stockpiled. But demand is about to spike. What could possibly happen next?
Burning Down the House
Congress could easily end the shutdown by coming to an agreement on healthcare subsidies. Other disputes could be readily resolved in the familiar way — in which both sides agree to spend more money.
Colossal Wrecks
Bubble markets have their moments of triumph too… just before they fall apart. It is then too when prices get furthest removed from real values.
The almighty gold corrects: What’s next?
Gold’s phenomenal run has hit a speed bump and is now dumping. Amidst queues outside bullion stores, a sellout crowd at the Australian Gold Conference, and soaring gold stocks, is gold a bubble ready to burst?
Paranormal Activity
Is the ‘crypto’ industry just another ‘mistake’ — ‘creating wealth’ while producing nothing…gobbling up huge amounts of time and money, and ultimately reducing the amount of capital available?
