Merry Christmas from MB

Dear readers,

Chris Becker will begin skeleton posting December 29th before resuming full time from January 4th. Leith returns mid-January.

From Leith, Chris and myself have a Merry Christmas and safe festive season. Thank you for being so supportive across 2015.

Warm regards,

David Llewellyn-Smith (H&H)

David Llewellyn-Smith
Latest posts by David Llewellyn-Smith (see all)


  1. And a very Merry Christmas and Happy New Year to you all, too. Thank you for your valuable insights in 2015.

  2. Merry Christmas Everyone at MB and thanks for your hard work again over the year.
    Merry Christmas to everyone else and thanks for their informative and regularly humorous postings.

    • The Traveling Wilbur

      Might be time to update the old avatar then… one from the more recent ‘Wonder how many extra Christmas pounds over the Years’ period. 🙂

      And of course thank you all at MB for another great year. More excellent prognostication and even better analysis. What more could one ask.

      And Merry Christmas to all other MB supporters and crew, may Santa have something nice in his stocking for you. May his sleigh glide gently over your roof tonight, leaving secure and in place your new panels of light. May his gifts bring you laughter with family and joy, keeping all together, amazed at your shiny new toy. May your children be dazzled by his magic and mirth, as they will be the most precious gifts you receive on this Earth. And may you remember friends, both old and shiny and new, as they help make Christmas special for me and you too.

      Merry Christmas everyone, and to all the good cheer, as I suspect we’ll need it, especially next year.

      Christmas MB style, 2015

  3. Merry Christmas and Happy New Year fellas. Your analysis has been a beacon amid the fog that is Australian MSM, see you in 2016

  4. A very merry Solstice Season to the MB captain & crew and all who sail with them.
    Thank you for a very informative blog and very stimulating discussions

  5. As TW suggested, it’s time…….(from 40 years ago!)
    Happy Christmas all…and remember…time flies….and nothing really matters…we all end up the same….

  6. Merry x-mas you filthy animals

    On the other hand I would like to thank both the proprietors and the commentariat engaging in the debate and distillation of the reality, we all share, and what possible solutions are on offer. Whilst we can not fix the world, we might be able to transition Australia for the best possible outcome what ever may unfold internationally.

    Skippy… on this auspicious occasion I would ask to be forgiven for all my faults and extend the same to others…. be of good cheer and embrace each other… for we are – all – we have…

  7. You mean 4th Jan.

    Hope you can change the date settings on this blog to be British.

    Daniel Bowen has set up his website to display DD Month YYYY.

    As have British newspapers such as Daily Mail and Guardian.

  8. To all at MB merry xmas and thank you for helping me chart the course in
    my small business .. I’ve ditched all the other ‘ compasses ‘ .

  9. Thank you MB…Sitting on my new Farm, thanks for the “pointers” and everyone’s inputs.Has sustained my year ( yet again)..I truly appreciate all the comments, dialogues , the tit for tat , it keeps me sane amidst the daily grind.Cheers All.

  10. Macrobusiness is Running the Town

    You better watch out
    You better not deny
    Better not flout
    Here’s telling you why
    Macrobusiness is running the Town!

    R2M’s making a list
    And checking it twice
    Going to report skeptics to the vice
    Macrobusiness is running the Town!

    MB knows of the economy
    MB know what is best
    MB thinks the Greens are supreme
    So forget about all the rest!

    O! You better watch out
    You better not deny
    Better not doubt
    Here’s telling you why
    Macrobusiness is running the Town!

    Aj is wringing his hands
    Then he wrings them thrice
    Aj feeds his gloomy disposition
    And MB does more than suffice
    Macrobusiness is running the Town!

    Wiley Wolf is putting the boot in
    Telling MB to throw it all away
    Wiley Wolf is losing the plot
    MB is here to stay!

    O! you better watch out
    You better not offend
    Better not mess about
    Or your time will end
    Macrobusiness is running the Town!

    …and so on.

    Vogon Christmas to you All!!

    • ……can’t …….help……myself……can’t…..pull……away…..from …….the…..kkkk….keyboard….can.t……faaaarrrk….

      You……better watch Bolt
      You better read Price
      You better submit
      I’m telling you twice
      IPA are ruining the town

      They created a list*
      Enforcing it thrice
      Protecting the wealth of
      Born to rule types

      IPA are mining the town

      Just look what 3d1k’s posting
      Transmitting FUD and CRUD
      Brainwashing bogan masses
      So the truth is clear as mud

      You better read Bolt
      You better vote Tory
      Lies and deceit will dominate the story
      IPA are ruining the town

      Merry Christmas all.

      “You’re a bum
      You’re a punk
      You’re an old slut on junk
      Lying there almost dead
      On a drip in that bed

      You scum bag
      You maggot
      You cheap lousy faggot
      Happy Christmas your arse
      I pray God
      It’s our last”


      But I mean it, have a merry xmas and safe new year to everyone 🙂

      • Fairytale of New York by the pogues – is about the only Christmas song I can handle or like. Reminds me of living in Ireland.

  11. Happy holidays Guys! Thanks for all your hard work keeping this clueless fool informed over the year. I hope Santa brings you 500k subscribers, 10 straight correct IR predictions in a row, and 1 property correction that happens everywhere except in any suburb you own in.

  12. The Traveling Wilbur

    How 3d Stole Christmas
    With apologies to Dr. Suess. And The Lorax.

    Every MBer Down in MBville Liked Christmas a lot…
    But 3d, Who lived just north of MBville, Did NOT!
    3d hated Christmas! The whole Christmas season!
    Now, please don’t ask why. No one quite knows the reason.
    It could be his head wasn’t screwed on just right.
    It could be, perhaps, that his writing guidelines were too tight.
    But I think that the most likely reason of all,
    May have been that his heart was two sizes too small.
    Whatever the reason, His heart or his guidelines,
    He stood there on Christmas Eve, hating the MBers,
    Staring down from his cave with a sour, 3dy frown,
    At the warm lighted windows below in their town.
    For he knew every MBer down in MBville beneath,
    Was busy now, hanging their shorts in a wreath.
    “And they’re hanging their stockings!” he snarled with a sneer,
    “Tomorrow is Christmas! It’s practically here!”
    Then he growled, with his 3d fingers nervously drumming,
    “I MUST find some way to stop Christmas from coming!”
    For Tomorrow, he knew, all the Who girls and boys,
    Would wake bright and early. They’d rush for their toys!
    And then! Oh, the noise! Oh, the Noise!
    Noise! Noise! Noise!
    That’s one thing he hated! The NOISE!
    Then the MBers, young and old, would sit down to a feast.
    And they’d feast! And they’d post! And they’d FEAST!
    They would feast on short-BHP pudding, and rare RIO-roast beast.
    Which was something 3d couldn’t stand in the least!
    And THEN They’d do something He liked least of all!
    Every MBer down in MBville, the tall and the small,
    Would stand close together, with Christmas bells ringing.
    They’d stand hand-in-hand. And the MBers would start singing!
    They’d sing! And they’d sing! And they’d SING!
    And the more the 3d thought of this MB ChristmasSing,
    The more 3d thought, “I must stop this whole thing!”
    “Why, for fifty-three years I’ve put up with it now!”
    “I MUST stop this Christmas from coming! But HOW?”
    Then he got an idea! An awful idea!
    “I know just what to do!” 3d laughed in his throat.
    And he made a quick Santy Claus hat and a coat.
    And he chuckled, and clucked, “What a great 3dy trick!”
    “With this coat and this hat, I look just like Saint Nick!”
    “All I need is a reindeer…” 3d looked around.
    But, since reindeer are scarce, there was none to be found.
    Did that stop the old 3d? No! 3d simply said,
    “If I can’t find a reindeer, I’ll make one instead!”
    So he called his dog, Spot of IO. Then he took some red thread,
    And he tied a big horn on the top of his head.
    THEN He loaded some bags And some old empty sacks,
    On a ramshackle sleigh And he hitched up old Spot.
    Then 3d said, “Giddap!” And the sled started down,
    Toward the homes where the MBers Lay asnooze in their town.
    All their windows were dark. Quiet snow filled the air.
    All the MBers were all dreaming dreams of USD longs without care.
    When he came to the first little house on the square.
    “This is stop number one,” the old 3dy Claus hissed,
    And he climbed to the roof, empty bags in his fist.
    Then he slid down the chimney. A rather tight fit don’t you see.
    But, if Santa could do it, then so could 3d.
    He got stuck only once, for a moment or two.
    Then he stuck his head out of the fireplace flue.
    Where the little MBer stockings all hung in a row.

  13. The Traveling Wilbur

    “These stockings,” he grinned, “are the first things to go!”
    Then he slithered and slunk, with a smile most unpleasant,
    Around the whole room, and he took every present!
    Aussie Bonds! Atlases! Short covered stocks! Options!
    IPs! Leveraged shares! Term deposits! And even some socks!
    And he stuffed them in bags. Then 3d, very nimbly,
    Stuffed all the bags, one by one, up the chimney!
    Then he slunk to the icebox. He took the MBers’ feast!
    He took the short BHP-pudding! He took the RIO beast!
    He cleaned out that icebox as quick as a flash.
    Why, that 3d even took their last stash of MB-hash!
    Then he stuffed all the food up the chimney with glee.
    “And NOW!” grinned 3d, “I will really stuff up MB!”
    And 3d grabbed the tree, and he started to shove,
    When he heard a small sound like the coo of a dove.
    He turned around fast, and he saw a small MBer!

    • The Traveling Wilbur

      The Christmas Day component conclusion to this ode may be found at ASX at the Close. Apologies, but the Spam Monster has given me the most turbulent of times over this submission. And once again, a Merry Christmas to all, including 3d. And the marketing guy.

  14. Hope you guys have a great break. Thanks for the informative reads. Clarity, insight & honesty appreciated. Billygoat

  15. mr Becker i’ve perused the above threads…man it sucks to be you some days…
    but any how MERRY CHRISTMAS to you and all in this blogiverse and a HAPPY NEW YEAR…stay safe be happy.. don’t bother being overly self critical. history will fix that.


  16. interested party

    From a wet Far North Queensland, have a safe break and enjoy the company you share the next few days with.
    Thanks for the laughs, the arguments, and the education.

  17. Merry Christmas MB guys and contributors. And many thanks for a beacon of sanity in the Oz media wilderness. I appreciate your efforts.

  18. Merry Christmas MB chaps, and merry Christmas to the usual suspects. Media with facts not ideology and no sycophancy or conflict – It’s a winning combination. You’d have thought almost thought it was meant to be this way 😉

    • So, Lucas finally released his episode 7 the other day? He would need to work a lot harder to reach 61 – I get the sense that he will never make it. Anyways, here is a late Xmas present to the incumbent / future investors from me.

      Episode 61

      Disclaimer: All characters and events in this Episode – even those based on real people – are entirely fictional. All celebrity voices are impersonated…..poorly. The following Episode contains coarse language and due to its content it should not be viewed by anyone.

      Not so long ago in a galaxy not so far away …..

      Yoda: Premonitions, premonitions. These visions you have…

      Anakin Skywalker: They are of pain, suffering. Loss.

      Yoda: Yourself you speak of, or something you know?

      Anakin Skywalker: Something.

      Yoda: Precious to you?

      Anakin Skywalker: Yes.

      Yoda: Careful you must be when sensing the future Anakin. The fear of losses is a path to the Dark Side.

      Anakin Skywalker: I won’t let these visions come true, Master Yoda.

      Yoda: Losses are a natural part of investment life. Rejoice for those around you who transform into the Force. Mourn them do not. Miss them do not. Attachment leads to jealousy. The shadow of greed that is.

      Anakin Skywalker: What must I do, Master Yoda?

      Yoda: Train yourself to let go… of everything you fear to lose.

      • Re your remark below about the centuries it took Switzerland to create its democratic system of gov. Quite aware of that. Quite aware that learning a new system is difficult and that the Swiss system makes big demands of its citizens. On the other hand we have the advantage of centuries of history to learn from, what works and what doesn’t. Our system is irreparably broken and increasingly dysfunctional and corrupt; we have no choice, we must replace our system or we’re heading into a worse place,. permanently.

  19. Uranium GeoMEMBER

    Merry Christmas to all and looking forward to the content and conversation in the year ahead! Anyone who wishes to catch up with a Melbourne based MB memeber for a beer or two in the new year (around Feb) flick me an email: [email protected]

  20. Merry Christmas MB and subscribers, and a white Merry Christmas to you LD, and good luck to you and your family in the land of the brave and free..

  21. About time!

    Switzerland will hold a referendum to decide whether to ban commercial banks from creating money…. Swiss Sovereign Money movement is designed to limit financial speculation by requiring private banks to hold 100pc reserves against their deposits….Banks won’t be able to create money for themselves any more, they’ll only be able to lend money that they have from savers or other banks

  22. ErmingtonPlumbingMEMBER

    On my faviorate and fellow Antitheist,

    “Hitchens says he lacks the capacity for belief. Fine. But there are far more of us who lack the capacity for unbelief, even in a year in which atheism tops the trendy lists of what is “in.”

    In its October analysis of “the God spot,” Scientific American Mind reduced the religious impulse to electrochemical reactions in the brain. Like a taste for broccoli, the writer posited, belief in the Buddha, or Zeus, or a whimpering God-child in a barn, has a physical cause — but not because the thing believed is true and honestly intuited, but because the believer’s temporal (ah, the irony) lobe is suitably wired for pleasurable sensations that accompany belief. Canadian researchers are toiling away on a “God helmet” to induce religious feeling in people like Karl Rove, who, when pressed about where he spends Sunday mornings, is said to politely respond, “I’m not fortunate enough to be a person of faith.”

    Ah poor old Karl with his Atheist guilt, Christmass time must be very hard for him.

    Either way, to all MBs Christians, fake cultural Christians, Atheists, Heathens, and fence sitting Agnostics,…

    Solidarity to you all. Merry Xmass and a happy new year.