Hot Penny Stocks

Is the bond market finally catching on to the “forced risk” trade…? AS NIALL FERGUSON never tires of reminding us, bond markets rarely react early to bad news, no matter how plain it looks to everyone else. “In the years leading up to the First World War,” as the Harvard historian explained in 2006, for [...]

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 [...]

Just a quick note on yesterday’s Money Morning. We included a link to a Financial Times interview with Jeremy Grantham. It turns out you may not have been able to view it due to the link I gave.
If you had problems, click here and you should be able to see it without any [...]

Just a quick note on yesterday’s Money Morning. We included a link to a Financial Times interview with Jeremy Grantham. It turns out you may not have been able to view it due to the link I gave.
If you had problems, click here and you should be able to see it without any [...]

In today’s Money Morning we’ll give the Reserve Bank of Australia (RBA) a major serve. But before that, it’s appropriate to let you know about Jarrod and Seb’s next protest at the RBA.
Jarrod says they will be out the front of the RBA building at Martin Place in Sydney this Friday between 8am and [...]

Well, that’s it, the taxpayer subsidised wholesale banking guarantee is set to end on March 31st.
According to Australian Bankers Association (ABA) chief executive David Bell, “The decision comes as no surprise and reflects the relative strength of the banking sector.”
Really? Aw, you know what we think about that don’t you? Do we really [...]

Well, we’ve taken a look at US President Barack Obama’s proposal for bank reform.
Not surprisingly, the plan involves trying to ‘unscramble the egg’ rather than throwing the whole thing out – including the pan – and starting again.
Obama’s plan has two goals. First to…
“Limit the Scope – The President and his economic team will [...]

THE PRICE OF GOLD ticked higher from near 4-week lows at $1111 an ounce early Monday, recording the lowest London Gold Fix since Nov. 13th at $1120 as Asian stock markets ended the day flat but European shares rose despite poor data.
The government of Abu Dhabi surprised analysts by lending neighboring Dubai $10 billion today [...]

THE PRICE OF GOLD reversed Monday’s 2.4% rally vs. the Dollar early today, only to bounce sharply as world stock markets fell and the Euro currency dropped to a one-month low beneath $1.4750.
The gold price in Sterling and Euros held above £700 and €775 respectively.
Crude oil fell through $73 per barrel. US Treasury bonds rose, [...]

Well we couldn’t find any Westpac bankers to high-five yesterday. It seems they were keeping their head down to avoid the flak.
Which is a shame because they should be holding their heads high for an ingenious move.
Sure, it may not pay off quite as they planned due to the ’scabs’ at National Australia Bank [...]