Hot Penny Stocks

–If you were in charge of manipulating the world’s financial markets today, what would you do? It wouldn’t be an easy job. If my job was to preserve the status quo for just a little bit longer and prevent the dollar crisis from unleashing even more geopolitical stability and falling stock prices, I’d try and [...]

Sorry for the late delivery of Money Morning today.  We had a few errands to run this morning and so we started much later than usual… West Texas Intermediate Crude briefly joined its cousin – Brent Crude – above USD$100 last night. It didn’t last.  Even so, WTI closed US trading above USD$96.  And Brent [...]

There’s nothing like a bit of Middle East and North African violence to get the markets gurgling. For the past six months the US market has straight-lined from 1,050 to 1,350 almost without taking breath.  That’s a 30% rise: (Click to enlarge) Source: Google Finance Central bank money-printing will do that to the stock market. [...]

Gold is up. Silver is up. Oil is up. And the Middle East is up… in smoke. “Gaddafi rumoured to have fled Libya” claims today’s The Age. “Oil groups prepare to close down in Libya” reports the Financial Times. “Moroccan protestors call for curbs on king’s powers and end to corruption” and “Riot police crack [...]

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 [...]

Last week I gave you a primer on buying shares.  This week I’ll take you through how to sell shares. As you might guess, the process isn’t that different.  So a lot of what we wrote last week will be repeated this week. But before I get onto that, I’ve received a number of related [...]

“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 [...]

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. [...]

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 [...]