Monday There is a complete disconnect between the economy (business), and stock markets. It is a worldwide phenomenon. The world economy was dealt a death blow by the closing down of businesses, supposedly because of a virus. In truth, the economy was already on its last legs – over-regulated to the point of grinding to a halt. The stock market is … [Read more...]
Assets or Money?
Wednesday "… for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle." Winston Churchill There are two imperatives that should be pushing you toward switching from dollars to Gold – now. One, the dollar price of Gold is due for a major rise. I do not use the word ‘major’ without meaning it. … [Read more...]
From Crypto to Crapto
Friday Crypto's virtue is that they have a degree of anonymity and can be used to shift funds to less unfriendly jurisdictions. A lot of 'money' was got out of China and into Australian real estate using cryptos. Apparently anonymity is no longer certain, though I don’t know that personally. My quibble with the Bitcoin aficionados is the claim that Bitcoin’s … [Read more...]
Saturday Australia’s Liberal government is going to blame Dingbat Dan for the economic crash that is upon us. Dan Andrews, the Victorian Premier, is widely perceived as a completely out-of-his-depth idiot who has stuffed up his responsibilities to a magnificent degree. It will stick. Dan’s daily, self-obsessed, media ramblings have made him the poster child … [Read more...]
The Great Green Fires of Christmas 2019
Wednesday It will take Australians a long time to forgive the Greens for the damage that they have wrought to Australia this Christmas. Hundreds of homes across the Eastern States have been burnt to the ground and many people have lost their lives in the most dreadful circumstances imaginable. Even for those that survived, and with properties intact, their … [Read more...]