Dear Reader, ‘Gold’ is the word on everyone’s lips right now — whether you’re Warren Buffett or a Turkish wife, says Jim Rickards in today’s DR. As usual, it seems everyday investors know something the central bankers don’t. Read on to find out more… Until next time, Shae Russell, Editor, The Daily Reckoning Australia [conversion […]
Macroeconomics: Global Central Banks News & Highlights
The Banks Still Don’t Get It — The Real Threat of BNPL Companies
No stock embodies the ASX tech rally quite like Afterpay Ltd [ASX:APT]. Even if the BNPL sector is in a bit of a bubble right now, you can’t deny that. Which is precisely why, whatever happens from here, Afterpay has changed the way we shop forever…
The US Fed’s Plan for Inflation — If at First You Don’t Succeed…
Dear Reader, …Try, try again! It seems no one is taking that instruction more seriously right now than the US Federal Reserve, which, as Jim Rickards explains below, is desperate to get inflation. Read all about the Fed’s latest plan below, along with another, far more sinister plan from the powers that be that could […]
RBA Interest Rate May as Well Be Zero — The Impact of Negative Rates
It’s not quite negative yet. But it’s getting mighty close. More money printing hijinks are afoot and a cash rate of .1% may as well be zero. What can we learn from countries that went negative though?
Aussie Bank Bailout — The RBA Is Out to Save the Banks, Not You
Dear Reader, The R word is everywhere today. Something a central bank or politician wouldn’t dare whisper this time last year, is now splashed across the headlines. News of the official recession breaking caused my phone to light up like a Christmas tree. The tumultuous year has turned my phone into a default harbinger of […]
Central Banks Printing Our Way Out of Trouble — The Danger of Inflation
Dear Reader, The 80s were some interesting times for Argentina. The country was transitioning from a military government to democracy. And, among many of the legacies left over from the old regime, there was a lot of debt…and inflation. To start afresh, the new government replaced the currency, the Argentinean peso, with a brand-new one: […]
