Why the US Unemployment Rate is a Slippery Statistic

February 6, 2012

The Aussie market has started the week on a good note today, up over 1% after the US markets had a strong finish last week. The S&P500 index is now just 1.8% away from its highest level since 2008. The Dow Jones index is now at a 3 ½-year high. It seems like just five [...]

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Buying Guns, Magazines and Petrol With Silver…

February 4, 2012

A few days ago, it was rumoured India and Iran agreed to trade in hard assets… India will give Iran gold. In exchange, Iran will give India oil. This is a huge trade. India imports about US$12 billion of Iranian oil each year. To give you an idea, $12 billion dollars of oil equals about [...]

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A Bearish Pattern Forms – Stick with Value Investing

February 4, 2012

Last week, a massive liquidity injection from the European Central Bank (ECB) was the catalyst for change in market direction and sentiment. While this has removed the immediate threat of a European credit crunch, it has not altered the underlying fundamentals. The Eurozone remains structurally flawed. I still believe that at some point you will [...]

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Godzilla Will Come Out of Tokyo Bay Before Japan’s Economy Rebounds

February 3, 2012

Let’s talk Japan. Every year some analyst comes out with a variation of the story that Japan’s economy is about to rebound. Usually the argument goes something like this: Japanese markets are impossibly cheap and the central bank will be there to prevent a catastrophe. Or sometimes there is another variation of the Cinderella story. [...]

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Facebook Shares – Notice for Mad Punters: Buy This Stock

February 3, 2012

Whatever you think of Facebook (our old pal, Dan Denning says Facebook “diminishes the quality of your thought…”) there’s no arguing it’s a great example of free market entrepreneurialism. For an eight year old company, it has come a long way. According to the Form S-1 filed with the U.S. Securities & Exchange Commission, Facebook [...]

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