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The Daily Reckoning Australia

house keys in door

Something for Nothing, Again

Every ‘something for nothing’ government program is actually a transfer program. The feds produce no wealth. They merely take it from some people and give it to another.

By Bill Bonner, Friday, 07 November 2025

Into the Fire

Measured in gold, the story takes an even darker turn. Instead of being worth 38 billion ounces of gold, today’s economy is worth only 7.5 billion ounces — less than a quarter as much.

By Bill Bonner, Thursday, 06 November 2025

Housing cycle investor

A housing solution that promises a bigger problem

For a few months, I’ve been searching for a new home. In this journey, we’re aware that the government created a scheme purported to help first homebuyers like me. Except, thanks but no thanks!

By Brian Chu, Thursday, 06 November 2025

politics feature image

Prepare for Rip-Off

People generally are probably no more corrupt than they always were. They are neither always good, nor always bad…but always subject to influence.

By Bill Bonner, Wednesday, 05 November 2025

Gold Explorers Setting Up like It’s Early 2019 Again

Australia has hit rock bottom…and struck gold

Booms and busts happen. Does your investment strategy reflect this? Or are you going to complain about a “two-speed stock market” as half your portfolio gets left behind?

By Nick Hubble, Tuesday, 04 November 2025

A Great Crime

Did society advance when Sparta burnt Athens to the ground? When Sherman burnt Atlanta? Was civilization inching up the hill, or sliding down it, when Candy Crush was developed?

By Bill Bonner, Monday, 03 November 2025

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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.

The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees.

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