by Shae Smith on June 25, 2010
Kris has taken off for the UK. You should hear from him a few times over the next three weeks. I think most readers are interested in knowing if the UK is really about to fall over, or if it’s simply media hype.
In the meantime, I’ll still be doing the Friday news wrap up. And I have to be honest, this week started out as a pretty slow news week.
Then, everything seemed to happen at once!
And while every single publication in Australia has been heavily focused on the fact that we now have a female Prime Minister, a few other things have occurred in the finance world.
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by Adrian Ash on June 23, 2010
Two things happen to cash savers (meaning pretty much everyone) when real interest rates get stuck below zero…
HOW HAS GOLD reached and breached new all-time highs in the absence of strong 1970s-style inflation?
The Buttonwood column in last weekend’s Economist is only the latest analysis to miss the point, and despite tripping right over it, too.
“Owning gold is traditionally seen as offering protection against inflation. And inflation is very bad news for owners of government bonds.
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by Kris Sayce on April 27, 2010
Your editor is in Australian Small-Cap Investigator mode again this morning, so we may be brief with today’s Money Morning – unless we get carried away…
“Oh stop grumbling and just hand over the money.” That’s in effect what the German government is being told to do with its taxpayer euros.
According to the Associated Press (AP):
“A 45 billion euros ($A64.45 billion) bailout package from other eurozone countries and the International Monetary Fund (IMF) should see Greece through its borrowing needs for this year. But the bailout is complicated by German grumbling, which continued on Monday, about the burden of the bailout on its own finances.”
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by Kris Sayce on April 20, 2010
Well that crisis didn’t last long did it?
More on that in a moment. But first, we’ve decided to run an irregular Preposterous Property Spruiking section in Money Morning. We’ll dump it towards the bottom [Reader's voice: Where it belongs!] of the newsletter so that if you couldn’t give a stuff about property spruikers you don’t have to read it, but if you could give a stuff then you know where to find it.
Today we’ve three beautiful examples of rampant spruiking from The Northern Star newspaper. As we understand it, it’s a regional rag covering the northern coast of New South Wales.
But until then, this…
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by Kris Sayce on April 12, 2010
Your editor reports in from rainy Frankston this week. While the missus is off supervising a school trip to Canberra we’re stuck at home on school pick-up and drop-off duty.
We’re not sure that being down here in Frankston will add any different perspective to when we normally write from St Kilda, but you never know.
Anyway, we were gobsmacked by this quote we read yesterday afternoon…
“Prices would only suffer a small fall, they wouldn’t crash.”
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