We noticed with amusement Emperor Ken Henry’s statement that: “What people have called the global financial crisis, that has passed, I think it’s safe to say.”
It’s pretty easy to say that when you’re a career leach. Sorry, we mean public servant… No, actually, we do mean ‘leach’ after all.
On reading those words from Emperor [...]
consumer price index
This time IS different for gold. Different from how everyone sees it, that is…
STOCK-MARKET BULLS are so dumb, apparently they need Bob Prechter to tell them to sell.
Blamed for causing a further 50-point plunge in the Dow on Tuesday – precisely the kind of news-driven move that Prechter’s Elliott Wave International says just can’t happen [...]
Before I get on to today’s Money Morning, we’ve received some feedback from yesterday’s article. The complaint has been that we didn’t compare apples with apples.
That it’s not fair to compare the return of a leveraged investment property with an unleveraged dividend paying stock.
Of course that’s nonsense. Of course it’s fair. As [...]
THE PRICE OF GOLD regained a third of yesterday’s 2.5% plunge in London dealing on Wednesday, bouncing as the US Dollar eased back and Wall Street futures pointed higher from Tuesday’s 1.0% drop.
By the time New York traders reached their desks, gold priced in Dollars stood little changed from last week’s close at $1137 an [...]
It can be said the best place to hide anything is in plain sight.
We see prices every day. But do we really “SEE” them?
Let’s start with the basic reporting of the rising costs of goods and services in our society. The ABS publishes the CPI “Consumer Prices Index”.
To work out the CPI you would assume [...]
