There’s a time for everything. The time to get into stocks is when prices are low, not when they are high. This is not exactly advanced geophysics, but when they are at epic lows there is more upside.
The Daily Reckoning Australia
Bipartisan Boondoggles
The two parties are doing something that China, Russia, Iran et al might like to do, but lack the means to do it. They’re bankrupting and impoverishing the USA.
The age of career politicians and civil servants is over
One Nation’s rise is now official. And it’ll change Australia forever. But how? And who could’ve seen it coming? Most of Europe, actually…
The Glory of Gold
A gamble is just a gamble; it could go either way. And who wants to bet against gold? It was the star performer for the last 26 years…and the most reliable performer since the Flood
Coming in Hot
At the present rate, the war would add about a half a trillion to the US deficit this year. If it goes on as long as the war in Afghanistan, it will add $10 trillion to the debt.
Real Money Terms
Real output is already very cheap in gold terms. Instead, the most likely correction will take place in the stock market itself, either because the dollar sinks or because stocks sink…or both.
