The lies that matter are those that involve spending other people’s money…squandering the nation’s wealth…and turning its people into dependent numbskulls. Since press reports have exclusively focused on the lies that don’t matter, we know nothing about his lies that do matter
In today’s Daily Reckoning Australia, a look at what Vern Gowdie predicts for markets in 2023, which he revealed to his Gowdie Letter readers back in December last year. People tend to look for patterns from the past in order to draw a rough map of what lies ahead. But as Vern explains, what has been won’t always continue to be so…
Today’s Money Morning is a special piece from Ryan Dinse — editor of Exponential Stock Investor — about the reality of exponential investing and the importance of possessing a strong mindset when it comes to such speculative trading. It certainly isn’t for everyone, as it often involves maintaining conviction in something that no one agrees with and could indeed never pay off. But, if all goes to plan, this type of investing is where the BIG gains are seen. We’re talking 67,000% gains in one case…
Whence cometh inflation? Today, we turn to a Nobel Laureate economist for answers. And then, appalled, we figure it out for ourselves. First, from The Wall Street Journal comes news that the feds are spending even more money that they don’t have: The Federal Deficit widened to a record US$249 billion last month At that rate, […]
Santos enters a new gas supply agreement with Strike’s Walyering joint venture in the Perth Basin.
Front page of The Wall Street Journal on Monday: ‘FTX Founder Can’t Explain Lost Billions’. And here’s the front-page follow-up yesterday: ‘FTX Founder Arrested in the Bahamas’. Losing a US$10 bill happens from time to time. Even hundreds of dollars can be misplaced, mislaid, or simply forgotten. But losing billions takes a special kind of nonchalance. Like […]
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