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Your editor is back on-board. But only for the time being.
Because for today and the next few days we’re racing against the calendar to write, edit and publish the September issue of Australian Small-Cap Investigator.
And seeing as my colleagues, Slipstream Trader Murray Dawes and Diggers & Drillers editor, Dr. Alex Cowie have done such [...]

“Hey, your light isn’t working”, Daily Reckoning editor Dan Denning pointed out to the security guy checking passports at San Francisco International Airport (SFO).
“Yeah, well, that’s your tax dollars not at work,” he replied. “There’s supposed to be a light fixed to the desk here, instead they’ve given me this hand light which wasn’t designed [...]

Today your editor is writing to you on Sunday afternoon from a departure lounge at Sydney Airport as we prepare to head off to the publishing conference in Maryland.
But by the time you read this we’ll have just about reached our destination.

As we write the Commonwealth Bank of Australia [ASX: CBA] is yet to publicly [...]

Before I get on to today’s Money Morning just a quick note to let you know that you may not hear much from us over the next couple of weeks.
But don’t worry, you won’t be left completely in the lurch. In our place will be either Slipstream Trader Murray Dawes, or Diggers & Drillers [...]

We never thought it would happen.
But it has.
Although we still can’t believe it.
We never thought we would put the words “good article” and “Michael Pascoe” in the same sentence. Never.
It was something that we expected to go to our grave never having written.

But yesterday Mr. Pascoe surprised us with “Housing bubble trouble for the [...]

To paraphrase Crocodile Dundee, “That’s not a test, THAT’s a test!”
That’s what we thought after reading the following headline from Bloomberg News yesterday: “China Said to Test Banks for 60% Home-Price Drop”.
Ooh, imagine that. Surely that would have to be pretty painful.
And it puts to shame the Australian Prudential Regulation Authority’s (APRA) stress test [...]

Just a few quick comments from your editor today before we hand over to assistant editor Shae Smith.
We’re concentrating on the May issue of Australian Small-Cap Investigator for most of this week, but we should still find time to lob a few grenades at mainstream thinking.
So, before Shae takes up the slack, a couple of [...]

Rising insurance premiums don’t negate the need to insure…
IS GOLD in a bubble at €1000 an ounce? Let’s hope so. Because if not, it would mean investors are right to keep bidding crisis insurance higher.
Buying gold is like buying an option that gives you security, liquidity and diversification when you need it most – which [...]

What George Soros said, and what the press said he said…
“GEORGE SOROS warns gold is now the ‘ultimate bubble’,” ran the Daily Telegraph headline.
What Soros actually said was:
“When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.”
I don’t [...]

THE PRICE OF GOLD ticked higher in Asia and early London trade Friday, heading towards the weekend at $1140 an ounce – some 3.4% below the record weekly finish of a fortnight ago – as world stock markets crept towards new 14-month highs.
The “safe haven” Dollar and Yen both eased back on the currency markets, [...]