Hot Penny Stocks

The SNB can neither squash gold, nor (yet) destroy its own currency. But not for lack of trying…
GOOD JOB that gold bullion is just an inert lump of metal and holds no grudges.
Because twice in the last decade, the value of gold in the Swiss National Bank’s vaults has nearly halved as a proportion of [...]

Hey, let’s ignore the facts. Just feel the frenzy…!
DID YOU HEAR about the giant gold coin auctioned in Austria late last month?
Of course you did – courtesy of Bloomberg if not CBS, the Daily Mail, BBC, BusinessWeek, USAToday, France24, Vancouver Sun, Wall Street Journal, Financial Times, Daily Telegraph, San Fran’ Chronicle, Khaleej Times or The [...]

Is Gold Really in a Bubble?
But hang on. The average property price has increased three or four time in the past ten years. Yet for ‘fundamental reasons,’ he doesn’t believe that there’s a property bubble.
In his report, Robertson suggests that most gold buyers purchase the ‘pretty rock’ as a hedge against inflation. Yet, he doesn’t [...]

Apparently it’s gold, not property that’s in a bubble.
Or so says Macquarie Group interest-rate analyst Rory Robertson. You might remember Mr. Robertson as the man on the other side of the bet about Australian house prices with economist Dr. Steve Keen. Robertson won that bet and the good doctor dutifully trudged his way to [...]

Two things happen to cash savers (meaning pretty much everyone) when real interest rates get stuck below zero…
HOW HAS GOLD reached and breached new all-time highs in the absence of strong 1970s-style inflation?
The Buttonwood column in last weekend’s Economist is only the latest analysis to miss the point, and despite tripping right over it, too.
“Owning [...]

Today we’re going to hand over the lion’s share of Money Morning to Slipstream Trader Murray Dawes.
Murray’s kicked a lot of goals recently, particularly on the short side of the market. I’ve mentioned it to you a couple of times in passing.
So I thought that rather than having your editor try to explain what [...]

May 2010 brought new closing highs for gold in all but two major currencies…
IT’S PRETTY RARE for gold to make a new monthly high for the year in May, let alone for all time.
But when it does (or so history suggests), new buyers might expect better-still prices come Christmas – and gold in 2010 just [...]

Knowing how governments will respond to deflation, the case for inflation-proof gold looks increasingly clear to cautious wealth…
USELESS for pretty much everything except storing wealth (its economic value is social, not industrial), gold acts as inflation-proof money when investors need it most – right in the middle of an asset-price deflation.
At least, that’s how people [...]

Constantine Metal Resources Ltd. announce that is has signed an agreement to acquire an undivided 100% interest in 9 contiguous mining claims (3,756 hectares) that make up the Trapper Lake property (the “Property”), located in the Atlin Mi…

Last night your editor presented at the Melbourne Adam Smith Club. The venue was the Curry Club on Bridge Road, Richmond.
About forty people turned up including a handful of Money Morning readers.
It was a good evening, rounded off by a few curve ball questions from the audience at the end! So it was [...]