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Despite prices rising 338%, global gold demand in 2010 was like the decade-long bull run hadn’t got started… WESTERN SAVERS hoping to defend their standard of living as global incomes converge take note. Ten, even five years ago, precious-metals analysts thought rising incomes in Asia would see gold substituted for financial services or consumer goods. [...]

Your editor’s thoughts are a bit distracted today. We’ve got the weekly update and the monthly issue of Australian Small-Cap Investigator to complete within the next couple of days. So we may be all over the place today. First up, last week I gave you a link to Murray Rothbard’s “A History of Money and [...]

From time to time we get emails asking, “So, what you gonna do about it then?” Or “Why don’t you write to an MP or the newspapers to let them know about it?” Not surprisingly, we’ve received several such emails in recent days. Following on from the secret bank loans scandal… Before I go on, [...]

The S&P/ASX200 added a tiny 6 points, finishing to 4,778.40. The Dow Jones Industrial Average was higher by 26 points, ending the day at 11,559.49. Revised third quarter gross domestic product (GDP) data released overnight in the U.S. shows the economy grew 2.6%, up from 2.5%. The figure has disappointed many economists, as unless America [...]

The S&P/ASX 200 ended the day two points higher to 4,586.60. Gross domestic product (GDP) figures came in lower than expected, showing economic growth slowed to 0.2% for the September quarter, bringing the year to year growth to 2.7% Pushing the Australian market higher today will be China’s purchasing managers’ index (PMI) data, which is [...]

The S&P/ASX 200 closed down 34 points to 4,584.40. The Shanghai Index was lower by almost 3% at one stage, however the Aussie index didn’t follow suit. Housing building permits were up by 9.3% for the month of September and this may have helped kept the Index’s losses to a minimum. Also, released today are [...]

Yesterday, was a flat trading day for the market, as the S&P/ASX 200 closed down 4 points to 4,688. The Dow Jones Industrial Average added only 9 points to end the session at 11,201.97. Spending increased for October, with retail sales gaining by 1.2% and car sales were higher by 0.4%. Giving the market a [...]

Seeing as we’re in the midst of witnessing the collapse of the Australian housing market, I thought it would be appropriate to stick with the subject for today. But before I do, a quick note about the G20 meeting over the last few days. You can read the full text of the Leaders’ Declaration here. [...]

At one time telling someone you were ‘riding the sheep’s back’ was giving away what you did for a living. If you’d said that sixty odd years ago, you were most likely a wool producer. The Australian wool industry, has gone through many ups and downs, and even had the government intervene to ‘save it’, [...]

Last week, we took a quick look at how the coffee bean shortage was affecting your morning – or afternoon – coffee. Today we’re going to take a look at another commodity currently facing a shortage. You would consume, and possibly use this item every day and yet have no idea of the importance it [...]