Dear Reader, Aussie stocks had one of their sharpest rises in history yesterday. The ASX 200 surged 7%. The expectation, and confirmation, of another massive bailout package from the government was behind the rally. Yesterday afternoon, the Morrison government unveiled a $130 billion wage subsidy package designed to pay the recently unemployed $1,500 a fortnight … Read More
Dear Reader, In today’s Rum Rebellion, I’m going to give you a view on the virus that you likely won’t read anywhere else. I don’t really know what to make of it. But it’s interesting to say the least…and worth scrutinising. Before getting to that though, check out the following interview my mate Dan Denning … Read More
Dear Reader In the note below, I write about what could drive the gold price up in 2020. But as I write, you also need to consider what could drive it down. On Friday morning, Aussie investors woke up to the news that the Dow Jones Industrial had fallen 10%, its biggest one-day fall since the … Read More
Markets crashed last night. The Dow fell 10%. The S&P 500 and the NASDAQ fell around 9.5%. Gold outperformed, but still declined nearly 4%. Thanks to a falling Aussie dollar though, AUD gold actually finished the session higher, at $2,530 an ounce. I’ll have more on AUD gold in a moment. First, let’s continue with … Read More
The tech delusion has made its way to Australia too. This one is not so obvious. And maybe I’m revealing my bias here too. But I thought this snippet from the Australian Financial Review was…
In the middle of the American Civil War, both sides would proclaim days of ‘Thanksgiving’, following the progress of the war as we now follow the progress of the stock market. Thanksgiving was declared a…
The ‘elites’ have planned the path to globalisation for a very long time. The overarching aim of this plan is ‘centralisation’. That is, centralisation of government, centralisation of money issuance (banking), and centralisation of information…
We predicted that President Donald J Trump would never go completely crazy in his trade war. And we still think he’ll try to save face, make up with the Chinese, and claim victory. On the…