Feature Article
The Precious Metals Gang Gathers
The stock market has almost become a sideshow to the story playing out in the bond and precious metals markets. But that’s okay. The stock market is so divorced from reality at the moment that we believe it is failing to tell us anything really useful about what’s ahead in 2009. So what’s ahead in 2009? Let us turn to the world’s reserve currency and the last great bubble of the Bubble Epoch for answers…
Dan Denning | January 7th, 2009 | Continued
Feature Article
Chinese Yuan Marches Towards World Domination
I keep watching the steady march of China towards world domination, and their currency (the yuan) getting bigger and stronger until it achieves reserve status and replaces the worthless dollar; and people around the world will say, “Fooey on the dollar!” and I will get really nervous like I do every time some dirtbag country starts getting uppity like they are going to begin paying us back for the misery we have inflicted on them…
Mogambo Guru | January 6th, 2009 | Continued
Feature Article
A Self-Fulfilling Rally in Stocks
If Aussie interest rates are headed lower, you’d expect an end to the brief but respectable recent rally of the Aussie dollar. A weaker Aussie dollar wouldn’t be that unwelcome to exporters, especially if it meant that the decline in the nation’s economic fortunes could be reversed. But frankly, what happens to Australia’s economy at this point is beyond the control of the government and the Reserve Bank…
Dan Denning | January 6th, 2009 | Continued
Feature Article
The Retail Collapse Continues
The retail collapse in the U.S. continues. It’s Armageddon for the sellers of stuff. Bloomberg reports that, “The International Council of Shopping Centres in New York predicts 73,000 U.S. stores may shut in the first half of 2009 after what may have been the worst holiday-shopping season in 40 years.” Your editor strolled though a massive retail space in Colorado last week, the Flatirons crossing mall…
Dan Denning | January 5th, 2009 | Continued
About this Site
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. You can find that out anywhere for free. Instead, we try and tell you what news is worth paying attention to and what it might mean for your money.
Five times a week you’ll receive world-class investment, geopolitical and most important of all-practical insight into the best investment ideas not covered by mainstream sources.
Slightly offbeat and far from institutional, The Daily Reckoning delivers you straight-forward, humorous, and useful investment insights from a world wide network of analysts, contrarians, and successful investors.
