We’re in an Age of Technological Stupidity
The ‘unicorns’ — companies with new ways to use the new technology. Though their business models were unproven, they still were bid up to a billion dollars, and more. They believed that the route to…
About The Rum Rebellion
Welcome to The Rum Rebellion! You’re probably wondering what the name is all about. Well, there is a very good reason for it. I’ll explain it all in a moment. First, I want to tell you what you can expect from your daily shot of rum, so to speak… The Rum Rebellion is a uniquely Australian voice commenting on the nexus between money, stocks, politics and economics. We have a libertarian view of the world and believe in free speech, individual freedom and personal responsibility. While we also believe in the virtues of free trade and sound money, we recognise that most of the world’s players don’t share this view. We therefore seek to tell you about how the world IS, not how we wish it to be.
It’s Humility That Keeps You Alive as a Trader
In my three decades in the markets, I have learned many things. I’m sure I’ve forgotten more than I have remembered. But the overarching thing that has always stuck with me is that word…humility.
How Do You Create a Rich Life?
How do you create a ‘rich life’? It’s not easy. And, by rich, I don’t only mean money here. Yes, financial independency opens up opportunities, gives us chances to do more.
21st-Century Duds…and One Fruitful Collision
What a pity. The 21st century was meant to bring the US to a level of perfection never before achieved by humans. So far it has been a dud.
21st-Century Duds…and One Fruitful Collision
What a pity. The 21st century was meant to bring the US to a level of perfection never before achieved by humans. So far it has been a dud.
The Rise and Fall of the American Empire
The US empire reached its first peak on July 20, 1969. That was the day an American astronaut stepped out onto the moon. Even today, more than 50 years later, the whole project seems almost…
What Rio’s Share Price Is Telling You about China
RIO is now underperforming the broader market. Is this a sign that the commodities bull market that got underway in early 2016 is now over?
American Turnaround? Really?
Mr Trump may have truly ‘shattered the mentality of American decline’, as he claimed in a speech to Congress on Tuesday night. But the numbers, for what they are worth, tell a different story…
Money Velocity is Slowing and Money Isn’t Moving
Dear Reader, As I write this, my dad is in Spain, fighting for his life. ‘You should come’ read the message from my family I woke up to this morning. Three dreaded words anyone living far away from family never wants to hear. The prospect of death and losing a loved one puts things in … Read More
Desperate and Crazy…House Prices Reinflate
The record low rates certainly have helped rekindle the Aussie real estate market. And reinflate the great housing bubble.