Tuesday, 2 July 2024

By Brian Chu Editor, Gold Stock Pro and The Australian Gold Report

[7 min read]

Dear Reader,

It only seemed like yesterday when we farewelled 2023 and embraced 2024. Now, we’ve entered the second half of what’s already an eventful year.

I don’t need to roll off the extraordinary things that happen every week. The news feed seems to continually bombard us with the most recent exclusive story to stir us to have an opinion and take a stance.

Take last week, for example.

In the US, we had the first Presidential debate.

For many of you, it wasn’t surprising to see the incumbent President Joe Biden listlessly mumbling and fumbling over his words. Neither was it seeing President Donald Trump’s brashness on full display, complete with his liking to sidetrack us on embellished stories of his achievements.

But what surprised me (and possibly most of you reading this) was how the CNN moderators, Jake Tapper and Dana Bash, put up an oddly professional front by not going to bat against President Trump.

The other was the coordinated move by the mainstream media to call their much-loved Biden to make an honourable exit while there was time to groom their replacement candidate.

Back home, we had the latest political drama: the Labor Party indefinitely suspended Senator Fatima Payman for voting against the party line on recognising Palestine's statehood. This move may well cement the government's demise in the next election, not so much because Australians agree with her stance but because the Labor Party’s double standards will alienate its constituents.

And of course, the party’s abject failure in helping the ordinary Australian stay afloat in this economy as energy bills, housing costs soar and more people struggle to find work.

From now on, I won’t belabour (pun intended) the unfolding political circus. There’s still so much to watch in what I believe is the global reality TV show, of which we’re cast.

I’m here to discuss what you and I (and every ordinary Australian) should care about.

Continue Reading...

By Bill Bonner Editor, Fat Tail Daily

[3 min read]

Dear Reader,

‘The war situation has developed not necessarily to Japan's advantage.’ .

Emperor Hirohito, after Hiroshima

The situation last week did not develop to Joe Biden’s advantage. But what did anyone expect? Put an old man at a podium; he’s likely to dodder a bit. 

And so what? Biden was never more than a figurehead anyway. His only real role was as a ‘dog in the manger’, making sure no one else, who might disrupt the scammy system, got to sit in the Oval Office. 

But last week’s debate was another one for the record books. America is already in the grip of the biggest, most costly experiment in monetary history... destined to prove, once again, that the authorities can’t be trusted with the power to ‘print’ money. Using this fake money, they pushed interest rates down to the lowest levels in five thousand years, well below zero... and crippled the economy with $100 trillion in debt. 

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