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–If you were in charge of manipulating the world’s financial markets today, what would you do? It wouldn’t be an easy job. If my job was to preserve the status quo for just a little bit longer and prevent the dollar crisis from unleashing even more geopolitical stability and falling stock prices, I’d try and [...]

Still no word back from the Reserve Bank of Australia (RBA) explaining why the Three Cobbers – Corbett, Kraehe and McKibbin were unable to attend one of only eleven meetings the RBA holds each year. We’ll pester the RBA again later today. But until we get a reply, we thought we’d print an attendance record. [...]

The world is full of coincidences. Within minutes of yesterday’s Money Morning hitting the newsstands we received a reply from the Reserve Bank of Australia (RBA). You’ll recall that yesterday we told you about an email we’d sent to the RBA on Tuesday asking why the ‘Three Cobbers’ – Mr. Corbett, Mr Kraehe, and Mr. [...]

The current financial system is a mess.
Governments have managed to print and inflate any remaining value out of most currencies around the world.
Quantitative easing is no longer an economic term only a certain few academics refer to. Thanks to all the recent media – or perhaps the constant discussion from central bankers – ‘QE’ is [...]

“We publish ideas that are on the fringe. But they’re ideas that are moving towards the mainstream. When they get there we sell. There’s no point pursuing an idea if it stays at the fringe.”
Those are the paraphrased words of our colleague and Daily Reckoning commentator Bill Bonner.
Bill was the opening speaker [...]

It’s late afternoon, early evening here in Maryland.
Your editor writes from a bank of the Choptank River. A river which flows into the Chesapeake Bay.
We’ve just returned from a stroll along the Choptank. We saw three live deer and a signpost telling us there were bald eagles in the area. We didn’t [...]

How saving the savers is costing the savers so dear…
On the MORNING of Weds 12 Sept. 2007, Northern Rock – the UK’s fifth-largest mortgage bank – ran a banner advertisement across the lower front-page of Britain’s best-selling broadsheet, The Daily Telegraph.
The ad promised 6.30% interest on new deposits, a return-to-cash not offered by High Street [...]

Money Morning reader Wilson sent your editor a shocking video yesterday.
So shocking we could barely believe it was true. We even thought that maybe some nerdy tech wizard had dubbed the video.
But no, it appears to be the genuine article. Here’s what shocked your editor so much, and why it’s proof that you [...]

Yesterday, RBA Assistant Governor Guy Debelle spoke at the “Risk Australia Conference” in Sydney.
The one-day conference, which would have cost those interested, up to USD$2,800 to attend, was held at the plush surroundings of the Hilton Hotel in Sydney.
Among the sponsors of the “Risk Australia” conference was Credit Suisse. Credit Suisse, of course, is [...]

Having read through US Federal Reserve chairman Ben Bernanke’s speech at Jackson Hole, Wyoming over the weekend we can only come to two conclusions.
Either Mr. Bernanke is stark raving mad and should be sent to a nut farm immediately. Or, he should be carted off to The Hague to face charges of crimes against [...]