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The Daily Reckoning Australia

Mag Seven Goes Bafooey

One of the most puzzling features of the 21st century is the almost total failure of its new technology… along with astonishing prices for the companies that produce it. Last year, the Visual Capitalist reported that the Magnificent Seven were worth nearly $16 trillion: ‘Since 2012, the first year all seven companies were public, the […]

By Bill Bonner, Friday, 17 January 2025

Debbie Does D.C.

Debbie Wasserman Schulltz (D-FL), Source Getty Images Mr. Trump, with all his ‘yes men,’ geniuses and jackasses, won’t change course. Look for more war, debt, and corruption. MSN: Dozens of Congress members outperformed the stock market in 2024 The stock market had a record-breaking run last year, but members of Congress still managed to outperform it with […]

By Bill Bonner, Thursday, 16 January 2025

Smothering the Natives

‘The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.’ The Tenth Amendment Last week… Amid all the excitement about invading Panama and strong-arming Greenland… A milestone passed with little notice: Jean-Marie Le Pen died. The BBC: […]

By Bill Bonner, Wednesday, 15 January 2025

The one resolution you need to make this year… now!

As gold set another all-time high in Australian dollar terms last week, you might ask when a correction will occur. This is the wrong question to ask. Read on to learn why. Furthermore, learn how changing your mindset to think in gold-equivalent terms could transform your life, for the better.

By Brian Chu, Tuesday, 14 January 2025

Full Speed Ahead

We came back from snowy Ireland to snow covered Maryland. And this morning, we sit in front of the fire and take a break from our customary rigorous analysis and air-tight logic to make some guesses. As reported last week, the Musk/Ramaswamy DOGE group has already admitted that it can’t really eliminate the deficit. Not […]

By Bill Bonner, Tuesday, 14 January 2025

The Intrinsic Value of Fartcoin

A kiss is still a kiss…and a bubble is still a bubble… Picking fights with other people is still not a good idea… Spending more than you can afford still leads to bankruptcy… And people who say they are going to stop taking so many drugs…or drinking so much…or spending so much, etc. etc. still […]

By Bill Bonner, Monday, 13 January 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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