Hot Penny Stocks

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”. [...]

Time is up for the Reserve Bank of Australia (RBA). You may recall we lodged a Freedom of Information (FoI) request with the RBA in December last year. From 6th December the central bank had thirty days to respond to our application. Today is the thirtieth day. We’ll see if we get a reply. All [...]

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 [...]

Yesterday, RBA Assistant Governor Guy Debelle spoke at the “Risk Australia Conference” in Sydney.
The one-day conference, which would have cost those interested, up to USD$2,800 to attend, was held at the plush surroundings of the Hilton Hotel in Sydney.
Among the sponsors of the “Risk Australia” conference was Credit Suisse. Credit Suisse, of course, is [...]

Politics is the art of looking for trouble, finding it whether it exists or not, diagnosing it incorrectly, and applying the wrong remedy. ~Ernest Benn
As your regular editor Kris Sayce mentioned, I recently went to Africa ‘to kick some rocks’. I ‘kicked some rocks’ in a number of mining projects in South [...]

Yesterday the Aussie market gained just over 1%. Today it’s up over another 1%.
And overnight the US market put on a 3% gain.
Is the short term bear market move over? Could be.
Although let me make one thing clear. Fundamentally, national economies are still up the proverbial without a paddle. But that [...]

This week the Melbourne Mining Club held its bi-monthly ‘Cutting Edge Event’. This showcases small-cap and mid-cap mining companies, and it’s generally the good ones that get the chance to present. It’s well attended, well run, and there’s no danger of missing your dinner either, as a bell lets the speaker know when their brief [...]

Before I get on to today’s Money Morning, an important announcement…
As you should know by now, we’re not afraid to dish up a big serving of criticism based on the nonsense we see from the mainstream press and mainstream financial advisers.
However, one of the criticisms we get from some readers is, “Well, what should I [...]