money

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 [...]

“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 [...]

Soft gold prices without hard-money rates? Not for long, says the world’s 40-year unbacked money so far… JUST HOW MUCH ABUSE can soft money take? Two-thousand-and-eleven sees a big, but so far little-noted ruby anniversary. Expect to hear lots more about it as August 15th draws near. Because that day will mark 40 years since [...]

“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 [...]

It’s no surprise your editor copped some flak for yesterday’s Money Morning – The Cost of Meddling. But that’s OK.  We’re a big lad.  We can take it [sniffle]. The gist of the comments was that we don’t know what we’re talking about.  And, besides, cloud seeding doesn’t work anyway.  So it couldn’t have made [...]

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, [...]

Yesterday I wrote to you about the silly headline in The Age newspaper. It was this: “Queensland rebuilding will boost GDP” Look, we love it when we see this kind of nonsense written. Simply because it gives us an excuse to again read Frederic Bastiat’s, “That Which is Seen, and That Which is Not Seen”. [...]

“How did we get so rich” asks today’s Australian Financial Review (AFR). We think the AFR was asking a question. Although the lack of a question mark suggests otherwise. Anyway, who are we to pick bones on someone else’s grammar? We couldn’t even get our headline right the other day. The story on page 32 [...]

Germany’s “swivel-eyed” gold bugs simply show more imagination than journalists, policy-makers and academic economists… MONEY is always and everywhere a political phenomenon, nowhere more clearly than Germany. Hitler’s first coup attempt, the Munich Beer Hall putsch, came during social chaos of late-1923′s Weimar inflation. His 1,000-year Reich (lasting barely a decade) then brought fresh monetary [...]

I’ll get on to the latest development in the government pilfering of retirement money in a moment. But first… Next week your editor will dip into the Money Morning mailbag and read out some readers’ letters. What’s interesting since we called the beginning of the housing crash a week or so ago is, well, the [...]