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The Daily Reckoning Australia

How Many Divisions Does Elon Have?

The question was framed, according to some historians, by Josef Stalin at the Potsdam Conference. Winston Churchill had suggested that the Pope might be brought in to provide moral backing to the Allies’ campaigns against Hitler. Stalin must have wondered how morality would hold up against Panzer tanks. ‘How many divisions does the Pope have?’ […]

By Bill Bonner, Thursday, 20 February 2025

Monkey Business

There’s Trump Derangement Syndrome (TDS). And there’s also Trump-o-philia (ToP). One man hates him. Another loves him. Which one sees most clearly? ‘It feels like Christmas, every day. He’s really getting the economy going. And getting rid of all those freeloaders.’ A local real estate agent — a strong Trump supporter — came to visit. […]

By Bill Bonner, Wednesday, 19 February 2025

Timing the Gold Price Cycle – Part Four

As more investors pay attention to gold rallying and begin piling into gold stocks, it’s important that you decide what your strategy is. Chase the trend or move ahead of the crowd. Either way, you must learn what indicators to follow to guide you. Find out more in today’s article, plus a cautionary tale to help you retain your profits…

By Brian Chu, Tuesday, 18 February 2025

A Game of Chicken

As we all know, the US is headed for a fiscal crisis. Like having a ‘heart attack,’ says Ray Dalio. The only way to prevent it is to make dramatic policy changes now — not just to ‘improper payments’ to federal bureaucrats, but also serious cuts to the firepower industry. Possible? Here’s Barrons: ‘Trump Sends […]

By Bill Bonner, Monday, 17 February 2025

The Difference Between Economic Depressions and Recessions

Cutting immigration and government spending means a global recession

For years, economists have been mystified by the lack of a recession. But the mystery has finally been solved. Immigration and government deficits kept the economy growing. Until now…

By Nick Hubble, Friday, 14 February 2025

The Ford Factor

We’ve left a few important dots, like mixed cement waiting in wheelbarrows… we need to connect them before they harden up. How come we say that stocks do not go up over the long run, when they are up 366 times since 1925? Why is the price of a Ford pickup truck is still a […]

By Bill Bonner, Friday, 14 February 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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