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The Daily Reckoning Australia

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

Money, Gold, and Time

‘By the sweat of your face you shall eat bread, till you return to the ground, for out of it you were taken; for you are dust, and to dust you shall return.’ Genesis, 3:19 The doctrine in philosophy is known as ‘eternal return.’ Everything goes back whence it comes. For us, it is our […]

By Bill Bonner, Thursday, 13 February 2025

Off the Wall

‘I object, your honor! This trial is a travesty. It’s a travesty of a mockery of a sham of a mockery of a travesty of two mockeries of a sham.’ Woody Allen, in Bananas NPR (last November): ‘A duct-taped banana sells for $6.2 million at an art auction ‘A piece of conceptual art consisting of […]

By Bill Bonner, Wednesday, 12 February 2025

Timing the Gold Price Cycle – Part Three

The ASX Gold Index broke above 10,000 points last week. The stage is set for a stampede into gold stocks.
But rather than buying with the crowd, you can move ahead of them. How to do that? Find out more here.

By Brian Chu, Tuesday, 11 February 2025

The 79 Times

Number 79 on the periodic table is remarkably heartless. The poor? Let them get jobs. The homeless? Let them sleep in hollow logs. Body bags in Gaza? That’s their problem. Gold is indifferent to the sufferings of others. It is as callous as a torturer…as clueless as a Democrat. Does a man want you to […]

By Bill Bonner, Tuesday, 11 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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