Hot Penny Stocks

In the early 1990s there was a show on UK television called the Harry Enfield Television Programme. It was a sketch-based comedy that ran for several years. One of the characters was called Mr. You-Don’t-Wanna-Do-It-Like-That. On seeing his daughter and son-in-law doing a spot of DIY the old giffer would barge in and say, “You [...]

The gold price kicked off this year with a fall. It dropped from $1422 / oz, down to a low of $1318 / oz by late January. This was a fall of just 7.3%, but still this gave all the gold bears something to rant about for a few weeks: ‘It’s the end of the [...]

One of the most frequent questions I’m asked goes something like this: “I’m a newcomer to this shares lark, how do you buy shares?” Well, let’s answer that question here. Now, I’ve only got limited space in Money Weekend so this week I’ll give you a crash course in buying shares.  And in the next [...]

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 [...]

“Economists were therefore left scratching their heads when it was revealed only 36,000 jobs were added but that the unemployment rate had plunged to 9.0%.  Snow or not, it just didn’t add up.  Was the result good or bad?  The answer seemed to be bad, which actually means good because it means QE2 is well [...]

Economic figures released in the States overnight show the recovery could be picking up steam. The Institute of Supply Management (ISM) manufacturing index rose to 60.8% in January from 58.5% in December. If the ISM figure is above 50% it means manufacturing is expanding. A 60.8% figure is a strong number. Equity markets reacted with [...]

“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 [...]

“You don’t want to take rights away from people… Every now and again you feel those rights are being abused and you say, ‘Do we take rights away or do we just put up with the abuse?’  My response to it varies day to day.” That’s the Australian Financial Review (AFR) quoting Australian Tax Office [...]

Before we get to today’s Money Morning we just had to relay the exciting news about the Queensland floods. According to today’s The Age: “Queensland rebuilding will boost GDP” We wondered how long it would take the mainstream press to roll out that old chestnut. The mainstream press’s new economic heartthrob, HSBC’s Paul Bloxham said: [...]

Good morning reader. It’s a new year. But, it’s the same old story. Nothing much has changed. We’re tempted to say nothing has changed. But that wouldn’t be true. Things, even little things change. Even so, as we see it, the big things are just the same. We won’t list them all here. You already [...]