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The Daily Reckoning Australia

The Real Purpose of Government

Why is the risk of a major bear market greater than most people think? Why will Musk and Ramaswamy fail to halt US deficits? And when will the US be ready for a genuine change of direction? First, Fortune tells us that the captains of industry are looking for good times ahead: ‘Fortune 500 CEOs […]

By Bill Bonner, Monday, 16 December 2024

The Submarine Cable War Just Sank Renewables Forever

The vulnerability of subsea infrastructure is now exposed. The impact on offshore wind and renewables generally is already being felt. Can we ignore it?

By Nick Hubble, Friday, 13 December 2024

Something Wicked This Way Comes

In France, the voters turned against Macron’s ruling coalition. In Germany, they turned against the centrist Social Democrats and Christian Democrats in favour of more extreme alternatives. Anatol Lieven: Europe’s center is not holding ‘The collapse of the government in France and the ruling coalition in Germany spells continued crises.’ In America, too, voters selected […]

By Bill Bonner, Friday, 13 December 2024

Unwarranted Influence

Juan Hipolito del Sagrado Corazon de Jesus Yrigoyen. With a name like that, it was obvious that he was destined for a fancy business card. And in the early 20th century, he became president of the Argentine republic. But he — no more than Franklin Delano Roosevelt nor Donald John Trump — did not create […]

By Bill Bonner, Thursday, 12 December 2024

Miracle on the Pampas

Reuters…on the most exciting story in the financial world: Argentina’s Milei wants to make austerity great again. ‘Argentina’s libertarian President Javier Milei laid out a bleak vision in his maiden speech a year ago amid an economic crisis. He warned there was “no money”, pledged shock therapy for the economy and said things would get […]

By Bill Bonner, Wednesday, 11 December 2024

gold mine

Prepare for the coming gold stock takeover wave

Speculators in small-cap and microcap stocks have had a challenging year this year. Few have enjoyed successes while many faced setbacks. But 2025 could see a turnaround. There’s one place where the potential looks particularly enticing. It’s in gold stocks… specifically the explorers and early-stage developers.

By Brian Chu, Tuesday, 10 December 2024

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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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