Great Boulder Resources Ltd [ASX:GBR] hit the jackpot today. Shareholders will be mighty pleased.
Are we on the cusp of yet another rise in geo-political risk in the Middle East? It looks that way, and the implications for global markets could be massive. Where will you see it most from an investment perspective? Where you always do; in oil.
But of course, if you believe the mining sector will continue to boom in the next few years, MACA might not be that expensive at all. This first half might be just a momentary slip in what could be far more profits to come.
The energy industry is one of the first to commercially adapt blockchain technology on a global scale. First it was the banks chasing this tech. Now the oil and gas sector wants in.
If stocks and oil prices do indeed have a strong correlation during ‘risk on’ times, then that is when they tend to move in sync. As markets are now clearly in a risk on mode, oil prices are likely to become more attractive to investors.
A frenzy of drilling in shale gas fields across the country over the past decade has put the US within arm’s reach of achieving energy independence. Gas prices are at record lows, and electricity prices are falling. The US economy is booming right now.
Smartphones, big data, artificial intelligence, cryptocurrency mining and emerging blockchain technologies, are all pushing demand in this sector. Could it be a very unexpected double boost for zinc then?
For our heavily weighted mining and banking based stock market, there’s been no real tailwinds to really drive the general index along. Thankfully this could be set to change…
After going sideways for five months, the Aussie market has been on a tear lately. At the same time, our largest trading partner, China, has been in the news — and not all of it is for positive reasons.
The boom times are here for everyone it seems…Well, not everyone. The poor old Australian stock market is lagging behind in this period of record highs. In fact, it still needs to rise about 17% to get to the levels of 10 years ago.