Last Friday 3.28 million was the most important number. It was a new record for US unemployment claims. Dwarfing the previous high of 695,000 claims back in 1982. The first significant statistical indicator of just…
We need to consider what impact the restriction of human movement and economic shutdowns really has. That’s because it’s pretty likely that again in our lifetime, we’ll have to deal with another pandemic. This isn’t…
We suggested at the start of the year that Aussie lithium miners were approaching a bottom. But, COVID-19 chaos roiled markets and pushed the share prices of a number of Aussie lithium miners further south.…
As Vern notes, there’s fundamental economic change afoot. How this all shakes out is going to have immediate impact on global industry, but it’s also going to drastically change the future that we thought was…
We suggested at the start of the year that Aussie lithium miners were approaching a bottom. But, COVID-19 chaos roiled markets and pushed the share prices of a number of Aussie lithium miners further south.…
While the ASX falters, one small-cap is booming. The share price of Rhythm Biosciences Ltd [ASX:RHY] is up 127% at time of writing. Surging on the back of an update in regards to the company’s…
The outlook for Australia’s Big Four banks has worsened this morning, with the Reserve Bank of New Zealand (RBNZ) announcing a freeze on all dividends. All of Australia’s banks have opened lower today with Australia…
New Zealand-based The a2 Milk Company Ltd [ASX:A2M] shares are among a select few that have risen during the coronavirus pandemic. Since the beginning of the year shares in the milk producer are up nearly…
he SelfWealth Ltd [ASX:SWF] share price has had a turbulent past few months — like many other companies. SWF has made a name for itself by going after the banks’ brokerage profits. With the latest…
Is the economy so royally stuffed that the six-month ‘Job Keeper’ hiatus is merely a time bomb set to explode later on?
The impact that has on economic output is devastating. And while the markets have just jumped, the real economic pain of all this has not even come close to hitting as it should.
This current bear market, whilst savage, is going to be a huge opportunity. The Fed is pulling out all the stops to keep the party going…
Things will get better. And if we can avoid the worst economic consequences, the markets will be ready to rebound at some point. Now is the time to think, strategise, and have your plan ready.
In a market like this you can’t limit yourself. However, you do still have to stay calm, stay rational, and most importantly, stay alert.
Do you sell up positions you’re still in? Do you sit and wait it out? Do you dump as much into the market as you can? Do you buy gold? Silver? Bitcoin? Stocks? Property?
Markets crashed last night. The Dow fell 10%. The S&P 500 and the NASDAQ fell around 9.5%. Gold outperformed, but still declined nearly 4%. Thanks to a falling Aussie dollar though, AUD gold actually finished the session higher, at $2,530 an ounce. I’ll have more on AUD gold in a moment. First, let’s continue with … Read More
Iron ore is Australia’s number one export. Australia is the world’s iron ore powerhouse, with Brazil a close second. If iron ore prices fall below that and keep falling this is bad news. It will…
Dear Reader, In today’s Money Morning…three ways to buy gold during a mania phase…plus what would slaughter the bull…black swans and ancient money…debt, demography, and crashing oil prices…and more… We continue our special coverage of financial markets in the age of pandemic. As margin calls roil stock markets and liquidity disappears from the system, we … Read More
Dear Reader, Ask any old punter who’s been around in the markets a few decades, and I’m sure they’ve seen a couple of crashes. They know they happen. Their analysis tells them one’s looming… They create an investment strategy to try and minimise the losses… Yet, as Greg Canavan, Dan Denning, and I talked about … Read More
In times of uncertainty, gold has been the go-to for investors looking to weather the storm. And there’s plenty of it, currently. With the price of gold on the up, expecting to hit US$10,000 in…
The share price of Australian-based uranium explorer Adavale Resources Ltd [ASX:ADD] has soared 60% this morning, as the company announced it had been granted tenements adjoining one of the largest undeveloped high-grade nickel resources.
At time of writing, the share price of Pilbara Minerals Ltd [ASX:PLS] is one of the leading lights on the ASX today, up 5.97%, trading at 31 cents. The last month saw some interesting developments…