In today’s Daily Reckoning Australia, it’s becoming ever more difficult to ignore the global sovereign debt crisis. Governments are just too far gone to get debt to GDP ratios back under control. They must either inflate away their borrowings, or default. Unless, of course, they use that other option from 300 years ago…
In today’s Money Weekend, the charts are looking very bullish for gold, so investors should expect a buying opportunity for gold stocks. That said, in the Closing Bell video, I take you through key charts that show some stiff resistance for tech stocks. Watch now…
In today’s Daily Reckoning Australia, it seems like fears of a global recession were overblown. The US Consumer Price Index (CPI) appears to have peaked, according to the official data. That could be good news in Australia, as global conditions will spur demand for our resources, business confidence will fuel trading activity, and hence our banks will enjoy a rise in lending activity.
The planet was here long before the human species appeared. It’ll be here long after John Kerry and his whole tribe have been turned to dust and scattered to the winds.
In today’s Money Morning, Bill Gates has stoked the nuclear debate in Australia once again. Our stubborn politics may hamstring any hope of innovation down under. More nuclear investment and innovation could help usher in an age of energy abundance, and the role Australia could play in helping this trend move along…
In today’s Daily Reckoning Australia, Jim Rickards continues his series of articles linking economies around the world. We begin our travels in the US and EU. Keep reading to find out more…
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