Yes, its coming around to interest rate time again and the RBA has slashed the core cash rate again by another 100 basis points. The key cash rate is now around 4.25%, a level that matches a previous record low after the September 11 attacks in 2001. On a $300K home loan, you would save [...]

Yes, this guy says he has proof that America has shipped $800 Billion ‘Ameros’ - a new currency which is being formed between the USA, Canada and Mexico which will replace all of these countries currencies respectively - to the China Investment Bank. He states that China presently holds $2.5 Trillion worth of US Dollars thanks to the [...]

I’ve had a tonne of emails recently asking me to post more often - I’m sorry guys, things have been flat out but I’ll get posting more regularly now! One email that probably spurred me on to this post was a question relating to fixed or variable interest during these times of declining interest rates [...]

I have had a few people asking me questions over the weekend about inflation and why it’s on the move up. The most typical comment has been around “with everything in the world going so bad, how can inflation be moving up?” - It’s a good question and one that I am going to answer [...]

Given the Dows (DJI) performance last Friday, you would think that the ASX will be either down or swinging for the week. The Dow closed down 127.04 points - or 1.41% - last Friday, and so whether the ASX will follow US’s sentiment will be unclear. Last week Rio Tinto’s (RIO) announcement on the state [...]