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Another weekend, another blabfest. G20 finance ministers met in Paris.  It seems they’ve agreed to hold another blabfest in April in some other fancy hotel in a fancy city. Meanwhile, according to The Guardian, just 1992.5 kilometres away: “Libya is defying international condemnation of a bloody crackdown that saw troops and mercenaries shooting unarmed demonstrators [...]

“Keep preaching doom and gloom boys.  I’m riding the S&P500 to heaven.” That was the entire content of an email we received in the Money Morning mailbag yesterday. It was sent by a broker or trader at a well-known Australian investment firm. Maybe he’s taken a leaf from Goldman Sachs’ CEO, Lloyd Blankfein who told [...]

How much gold is too much gold if you’re a fixed-income investor…? GOLD DOESN’T pay any income, of course. Which is why retirees and pensioners should hate it. But since gold cannot go bust – and because its tight supply typically finds strong demand when cash loses value to inflation in the cost-of-living – gold [...]

“It finds that the IMF provided few clear warnings about the risks and vulnerabilities associated with the impending crisis before its outbreak.  The banner message was one of continued optimism after more than a decade of benign economic conditions and low macroeconomic volatility.  The IMF, in its bilateral surveillance of the United States and the [...]

Equities, housing, commodities and bonds viewed through the prism of what money once was… WHAT WOULD the world look like if, as a handful of economists, investors and politicians hope, gold really was money again? In a word, cheap…ish. Cheaper, at least, than much of it was a decade ago. Long used (together with silver) [...]

If you’re a subscriber to Australian Small-Cap Investigator you’ll know we’ve had a bit of a fetish for rare earths stocks. It lasted for a while, but came to a conclusion late last year when we told readers to sell Lynas Corporation [ASX: LYC] for a 190% gain, and Alkane Resources [ASX: ALK] for a [...]

“I support special levies – including most of the Howard government’s levies – because they teach a freeloading electorate the most basic economic lesson: if you want it, you have to pay for it.” – Ross Gittins, The Age We knew there was something we were supposed to write about last week – the Flood [...]

“Bulls call 20pc gain, bears 5pc” That was an Australian Financial Review headline back on the 4th January. The paper had surveyed a bunch of stock market analysts asking for their year-end index forecast. The most bullish was Alva DeVoy at Royal Bank of Scotland, forecasting the S&P/ASX 200 index to reach 5,700 points by [...]

“If the property value goes up every seven or eight years and it doubles, which I understand, I agree – how many years do you have to hold the property for the property to make enough cashflow… to cover your mortgage, your rates, your water and all your outgoings?  Ladies and gentleman it’s sixteen years.  [...]

After taking a one-week break your editor is back in the Money Morning saddle. Today’s episode may be shorter than usual as we’ve got to bang out the Australian Small-Cap Investigator weekly update by close of play this afternoon. It has been a week for the commodity markets.  Dr. Alex Cowie, editor of Diggers & [...]