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After taking a one-week break your editor is back in the Money Morning saddle. Today’s episode may be shorter than usual as we’ve got to bang out the Australian Small-Cap Investigator weekly update by close of play this afternoon. It has been a week for the commodity markets.  Dr. Alex Cowie, editor of Diggers & [...]

If you’re worried we’ve forgotten the National Australia Bank [ASX: NAB] and Westpac’s [ASX: WBC] secret loans from the United States Federal Reserve – don’t.  We’re still on the case. We’ve still got them in our sights… Oops!  Apparently we shouldn’t use that imagery.  Sorry… how about this then: That’ll do it. No harm with [...]

The Secret Bank Loans saga continues. Your editor has lodged a Freedom of Information (FoI) request with the Reserve Bank of Australia (RBA). From what we’ve been told, the RBA has thirty days to process our request. In a nutshell we asked for all internal and external communications from and to the RBA about National [...]

Clearly Senator Nick Xenophon is a better man than your editor. Either that or he’s just easier to please. All the South Australian senator needed in order to plunge Australian taxpayers into a multi-billion dollar black hole was a 36 page report from NBN Co telling him why a fibre network is a bonza idea. [...]

…Will Last… or Won’t Last. If the grinning buffoons on CNBC are an indicator of bull market bubble madness, then the market is set to soar higher. But by the same token, the grinning buffoons are just as much a sign to tread carefully with this market too. Seriously, we haven’t seen so many smiling [...]

…Or should that be Last Decade? This morning’s decision by the US Federal Reserve’s Federal Open Market Committee (FOMC) is the final act in American global economic dominance. If the US economy wasn’t already terminally ill, then this morning’s news from the FOMC has pushed it into terminal illness. But before I get onto that, [...]

The property spruikers have gotten themselves quite excited about an article by PIMCO Australia chief, John Wilson in Business Spectator last week. Mr. Wilson headlined the article, “Our non-existent housing bubble.” As you can pretty much guess from the headline, Mr. Wilson sums up the article saying: “The demand for housing is determined by the [...]

Gee, and they say contrarians are nutters.
Naturally we’d argue that contrarians are the only sane ones around.
First the United Nations came up with its climate change ruse. A ruse designed with the singular purpose of grabbing more power and more dollars from individuals and putting it in the hands of megalomaniacal bureaucrats.

But now the [...]

I wasn’t going to write about this today.
But when I saw the mainstream property bulls going cock-a-hoop over the latest discussion paper put out by the Reserve Bank of Australia (RBA), I just couldn’t let them get away with it.
Someone had to pull them down a peg or two…

We mentioned the discussion paper here last [...]

Your editor is working from home in Frankston today. We’re trying to concentrate our mind on the September issue of Australian Small-Cap Investigator.
We think we’ve just about recovered from the jet lag after our 25 hour journey from Boston to Melbourne. But at least it wasn’t as bad as the 50 hour journey [...]