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As Kris sets off to work on the next issue of Australian Small-Cap Investigator, I’ve got to be honest, I was scratching my head this morning wondering what to write about.
I thought about tackling property (again), but I’ve only just emptied the Money Morning mailbag from yesterday and so didn’t want to create more work [...]

The Bank of Japan? Check.
The Reserve Bank of Zimbabwe? Check.
The United States Federal Reserve? Check.
The Bank of England? Check.
The European Central Bank? Check.
The Reserve Bank of Australia? [Silence].
Not yet, reader. Will its time come to openly and brazenly print money?
We know it and the retail banks do it [...]

Well, we’ve given the Super Profits Tax a fair shake of the sauce bottle the last few days, so we’ll mix it up again today before changing tack tomorrow.
But before we get on to today’s Money Morning, a brief announcement…
The guys and gals at the Melbourne Adam Smith Club have been crazy enough to invite [...]

We’ll stay on the same subject as yesterday. The so-called Resource Super Profits Tax.
We have to admit to laughing out very loud indeed after listening to the Fairy Ruddfather’s interview on Perth radio yesterday. But more on that in a moment…
First, the Australian mainstream press can only be described as pathetic.
We’re quite serious [...]

We only have a brief Money Morning for you today as we’re rushing to get the Australian Wealth Gameplan weekly update out to members by this afternoon.
But there is something I wanted to mention today…
It’s been a while since we caught up with any of our old broker pals – probably because we’re a bit [...]

Last week I wrote to you explaining how the world had turned topsy-turvy. How – thanks to easy credit and money-creating banks – the idea of working for reward had been replaced with the idea that you can have your reward now, and then work later to pay it off.
At other times we’ve argued [...]

A quick follow on from yesterday’s Money Morning. We like this quote we’ve found from Professor Walter Block:
“Consider a man and a woman each with a productivity of $10 per hour, and suppose, because of discrimination or whatever, that the man is paid $10 per hour and the woman is paid $8 per hour. [...]

If it was possible for a market to whistle without a care in the world that’s exactly what it would be doing right now…
Greece on the verge of default – [whistle].
China trying to engineer a soft economic landing – [whistle].
US Federal Reserve increasing interest rates – [whistle].
Australian property bubble bubbling – [whistle].
Millions of your taxpayer [...]

The message from China seems to be, “Forget the coal seam gas, just give us the coal!”
Clive Palmer’s $70 billion deal with supply coal for 20 years to China Power International Development is a massive boost for the Australian resources sector.
If it ever comes to fruition.
Look, it wouldn’t be the first time a multi-billionaire deal [...]

Every so often the Money Morning mailbag receives a note saying, “Can you quit the property bashing already!” – Or words to that effect.
Funnily enough we get that request from both property bulls and property bears. The bulls claim they’ve heard it all before and yet property prices keep going up. While the [...]