Blog Detail
The Daily Reckoning Australia
http://www.dailyreckoning.com.au
The Daily Reckoning offers an independent and critical perspective on the Australian and global investment markets. We do not propose to tell you what the news is. Instead, we try and tell you what news is worth paying attention to.
- Added on: Nov 16th, 2006
- Country: United States
- Language: English
- Listed in: Business Libertarian News & Media
- Tags: gold credit Economy debt markets commodities and resources
Recent Posts
S&P 500 Heading Towards Some Major Long Term Resistance Levels
A 10 year chart of the S+P is probably the most interesting chart for showing the overall market dynamics at the moment. And though the S&P 500 tracks America's 500 biggest stocks, it's usually a good proxy for the Australian market too. As much...
Rising in Defense of Goldman Sachs
The Lloyd's Prayer Our Chairman, who art at Goldman Blankfein be thy name The rally's come God's work be done On earth as there's no fear of correction Give us our daily gains... Poor Goldman Sachs. Everyone is on its case. Criticizing. Carping. Jeal...
Homebuilding Goes Down While Economy Gathers Strength
Besides, it was another slow day on Wall Street. Investors are still mulling the news. As we all know, the recession is over. But... What kind of strange recovery is this? A survey showed that only 1 in 10 workers say his income is going up. This is ...
Uranium and Gold Exploration Spending Both Down in Last Year
Alright, here's the first question we're going to close the week with: is the boom in exploration and capital spending on Aussie resources a sign of another top in the commodity cycle, or a sign of higher commodity prices to come? In today's Daily Re...
Most Commodities Are in a Bull Market Today
I'm a commodity trader...but that doesn't mean I always expect commodity prices to go UP. In fact, a lot of times you've got to bet AGAINST commodities if you want to make a buck. But that's not the situation today. Most commodities are in a bull mar...
49 Million People Went Hungry at Some Point in 2008
Not much action in the markets yesterday. The Dow rose 30 points. It is now well above the point at which the post-'29 crash bounce peaked out. Gold didn't move yesterday. It remained at $1,139. Mortgage delinquencies hit a new record in the third qu...
Can't trust this guys for the following reasons:
1. They promote questionable 'investment' products in their free newsletter e.g. automatic trading system.
2. The promotion of their paid subscription products is very much full of hype- so much hype that it sounds like those get-rich-quick tip-sheets.
3. They are very heavy handed on their tiny competitors (there aren't much of these libertarian financial web sites anyway), which is strange because they are supposed to be 'libertarian' and 'free-wheeling.'
4. Bill Bonner has been advising that now is the time to "sell stocks, buy gold" But their paid subscription advices people to buy. Contradiction!
My opinion is avoid! They have hidden vested interests!
Posted: February 8th, 2008 | More Reviews From jmr | Report This Comment