Hot Penny Stocks

Soft gold prices without hard-money rates? Not for long, says the world’s 40-year unbacked money so far… JUST HOW MUCH ABUSE can soft money take? Two-thousand-and-eleven sees a big, but so far little-noted ruby anniversary. Expect to hear lots more about it as August 15th draws near. Because that day will mark 40 years since [...]

“World needs $100 trillion more credit, says World Economic Forum”, reports the UK’s Daily Telegraph. The World Economic Forum (WEF) has published a report titled: “More Credit with Fewer Crises: Responsibly Meeting the World’s Growing Demand for Credit” You can click here to access the full 84-page report. OK. So, more credit is needed is [...]

It’s no surprise your editor copped some flak for yesterday’s Money Morning – The Cost of Meddling. But that’s OK.  We’re a big lad.  We can take it [sniffle]. The gist of the comments was that we don’t know what we’re talking about.  And, besides, cloud seeding doesn’t work anyway.  So it couldn’t have made [...]

The S&P/ASX200 was lower by 26 points to 4,736.60. The Dow Jones Industrial Average backed off slightly, closing at 11,478.13, down by 13 points. The FTSE added 19 points, to finish at 11,478.13. The cold weather kept energy and commodity related stocks helped the Footsie stay in the black. But the biggest loser for the [...]

The Aussie market was higher yesterday, with the S&P/ASX200 closing 38 points higher to 4,726.80. In other news, China is expected to increase rates ‘soon’ says a local Chinese newspaper in attempt to slow the economy and reduce inflation. Despite spending most of the day in the black, the Dow Jones Industrial Average closed lower [...]

Yesterday, the S&P/ASX 200 closed down by 5 points, finishing at 4,688.60. The TD Securities monthly inflation report showed an increase of 0.4% for the month of November, bringing their annual inflation rate to 3% for the year. The biggest price gainers were in fruit & vegetables, which should come as no surprise if you [...]

On Friday, the S&P/ASX 200 closed up 18 points to 4,694.20. Coming out today is the monthly gauge of inflation for November by TD Securities. The Dow Jones Industrial Average closed at 11,382.09, higher by 19 points. The non-farm payrolls showed 39,000 jobs were added last month, which was far fewer than the 155,000 figure [...]

Let’s see how Gerry Harvey would like it if we started a campaign to lobby the Australian government asking them to single out Gerry Harvey and his Harvey Norman stores to pay more tax. Do you think that darling of the mainstream media would approve? Would he be delighted if the government passed a law [...]

The S&P/ASX 200 ended higher by 12 points to 4,700.30. The market has opened significantly lower this morning. Sovereign debt issues aside, China is looking at introducing controls to slow price growth in food after recent inflation figures showed that food, which makes up a third of the Chinese consumer price index, increased by 10.1%. [...]

On Friday, the S&P/ASX 200 ended the day at 4,800.60, higher by 55 points. The market has opened slightly higher this morning, thanks to the lead in from the overseas markets. The Dow Jones Industrial Average added only 9 points to close at 11,444.08. The Dow was up almost 3% for the week. Non-farm payrolls [...]