If you think that the Federal Government’s mantra of a balanced Federal Budget is not contractionary for the economy, then you probably would be wrong. The Government publishes monthly budget figures (www.finance.gov.au), so you can establish the annual growth rates of the various components of taxation. To balance the...
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Anger in Trading is one letter short of Danger in Trading. You walk into his office. He is screaming and shouting on the phone. He slams the phone down. Veins are throbbing in his temples and his throat. He bangs his fist on the desk. He angrily closes his...
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As I approached retirement I was actively seeking an additional income stream that would give me the freedom to continue travelling the world while maintaining our current standard of living. I tried various forms of income generating systems that all seemed to promise the world and yet deliver nothing. ...
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Daily routines play a critical role in the success of top athletes, musical and artistic performers and other world recognised achievers in various fields. For example, it’s been reported that Microsoft founder Bill Gates used to work out on the treadmill after waking up as part of his daily...
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An investor was telling me recently about an investment he made back in the early 1990s as a way to demonstrate his skill. Seriously … he used one example more than 20 years old to qualify his ability as an investor. Reviewing the quality of an investment decision solely...
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Iron Ore prices have risen almost 50 percent across most markets since the lows of November 2018, with spot prices for the ferrous metal now trading around $90 US a tonne. Much of the recent gain in prices can be put down to the collapse of a dam at...
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Nobody needs to be told about the potential rewards that investing in cryptocurrency can bring to a person’s life. However, the vast majority of investors are still new to the concept of using digital currency, which is why they still need a little guidance on key decisions. Knowing where...
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In previous articles I have explained how Australia is on the verge of collapse! The cycle chart of Australia clearly indicates this. This country is run by too many fools that actually work for the United Nations. Australia has more rules and regulations than any other country. It also...
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As the US economy has finally recovered from its post-GFC malaise, so have US interest rates risen from historical lows. This is a natural progression; policy makers keep interest rates low while economies are weak – in order to stimulate borrowing and investment, and raise interest rates as economies...
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Commodities Corner
Several conflicting themes are emerging in 2019, the first is the persistent warnings of a global growth slowdown. At the same time, the world is focused on oil for potential short-term supply shortages and copper, again for supply deficits both in strong demand as the shift takes place to...
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