While Blackmores Limited [ASX:BKL] shares are expensive, it’s still a quality company to own — although it’s best suited for people with deep pockets.
The post Why is the Blackmores Share Price Falling? appeared first on The Daily Reckoning Australia.
The Vicinity Centres [ASX:VCX] share price is benefiting from a range of economic factors. Strong consumer spending, stable employment figures and a boom in tourism.
The post What is Happening to the Share Price of Vicinity Centres? appeared first on The Daily Reckoning Australia.
The whole financial system is mismanaged. Thanks to credit-based money — and modern central bank guidance — the normal ebbs and flows of the credit market have become treacherous tidal waves…lifting up assets to absurd deliriums…and then crashing them down on the hard rocks of real life.
The post Fatal ‘Flaw’ in the Financial System appeared first on The Daily Reckoning Australia.
In every cycle, banks behave badly. And in every cycle, politicians feign outrage about this behaviour. It goes without saying that when there is a lot of money flying around the Aussie economy (thanks to low interest rates), lending and ethical standards inevitably slip.
The post Banks Behaving Badly appeared first on The Daily Reckoning Australia.
Had we the power, we would declare that Americans could use whatever currency they wanted, that the US dollar would once again be exchangeable for a fixed quantity of gold, and that the US Treasury would accept any major currency — including bitcoin — in payment of taxes.
The post Yes, the US Dollar Should Be Backed by Gold appeared first on The Daily Reckoning Australia.