Hot Penny Stocks

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 [...]

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 [...]

“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 [...]

“Forget mining and central banks. Here’s the single most important gold supply issue today…”
IT WAS TOUGH once again to meet any gold “bears” at the London Bullion Market Association’s annual conference this year.
The bullish arguments you know already no doubt. Low-to-zero Western interest rates…plus a growing clamor to buy gold amongst Chinese households (the Middle [...]

Your editor is so consumed by trying to finish off the September issue of Australian Small-Cap Investigator that our pea-sized brain is incapable of thinking about anything else this morning.
So instead we’ll hand the reins over to our old pal, Diggers & Drillers editor, Dr. Alex Cowie.

But before I do that, you’ll recall that we [...]

The US markets had a smack in the face when July’s Job report came out on Friday night.
Economists / forecasters / tea-leaf-readers had been expecting a net loss of 55,000 odd jobs. The actual figure came in at more like 131,000 jobs lost.
The fine print contained more bad news, including a big fall [...]

“And like that… he’s gone.”
That was Kevin Spacey’s line at the end of The Usual Suspects.
Yesterday’s vote in the Victoria State Parliament just eliminated the whole argument for a housing shortage. And so to paraphrase Mr. Spacey, “And like that… it’s gone.”
Not that there ever was a housing shortage. But thanks to the [...]

In a recent article, we showed you how silver had become systematically de-monetised by governments over the past 150 years or so. These actions have seen the gold/silver ratio move from its long term historical average of around 15:1 to 66:1 today. In other words, one ounce of gold is now equivalent to 66 ounces [...]

“There is Oil in the Middle East,
…There are Rare Earths in China.” Deng Xiaoping

There is a big upset in the Rare Earths market right now, and with good reason.
China has steadily positioned itself as the world’s biggest producer of rare earths in recent years. Even though it is sitting roughly a third of the [...]