The Commonwealth Bank of Australia [ASX:CBA] results are strong given what the country went through in 2020. But make no mistake, the clock is ticking for the Big Four even if they appear to have the older, wealthier demographics of Australia cornered….
Dear Reader, Chances are you’re like me. To stop and read this email means you’ve got to ignore a dozen others. For that reason, I’ll be brief. I know you’ve been reading The Daily Reckoning Australia. I know you’re interested in receiving investment information that’s different from the regurgitation over in the financial rags. You […]
Elon ‘Your Favourite Billionaire’ Musk added #bitcoin to his Twitter profile and now the BTC price sits just north of US$44,000. Today, they hold $1.5 billion in BTC. What followed was even more surprising…
Dear Reader, Oh, what a mind bender the market can be. I warned the other week that a sell-off could be imminent because we’re all getting a bit too comfortable. But I’m also seeing other similar articles elsewhere too. The market never does what we all expect. Is the crowd too bullish or bearish? Right […]
Central bankers like the RBA need the current money system to keep going, otherwise they lose all power. There’s no question in my mind, that they’re the ones destroying the concept of money…
EDITOR’S NOTE: The following article was originally published on 21 November 2020. Dear Reader, Five weeks ago, I warned you about it: Australia’s vulnerability to another COVID-19 outbreak, and the risks of more lockdowns as a result. Well, this time it’s Adelaide. Bloomberg describes it as one of the toughest lockdowns in the world. You […]
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