This month the price of uranium reached US$27.30 a pound. Historically speaking, uranium prices have proved fickle, from its peak to trough range of US$143 May 2007 to US$7.10 in December 2000 respectively.The spot price of uranium remained relatively volatile throughout this year.
Again, US-China trade tensions are all over the headlines. Now as you’re probably aware, tariffs are no good for anyone.
What’s going on with the gold price? In US dollars (the most important global benchmark), it’s trading just over US$1,200 an ounce, after being well above US$1,300 an ounce earlier in the year.
Iron ore miner Fortescue Metals Group Ltd [ASX:FMG] is a good proxy stock for Chinese economic growth. As you can see in the chart below, over the past few years, FMG’s share price has been in decline.
How bad will the next crisis be? JPMorgan Chase & Co. has an idea. ‘A decade after the collapse of Lehman Brothers sparked a plunge in markets and a raft of emergency measures, strategists at the bank have created a model aimed at gauging the timing and severity of the next financial crisis. And they reckon investors should pencil it in for 2020.
Central banks around the world used stimulus packages to boost their economies and in Australia, it also kept us out of a recession. For this to work, countries had to spend money, which has led to debt.
While the sale is still subject to a decision by the Foreign Investment Review Board (FIRB), Durie says that CKI, along with the 100% Chinese government owned State Grid, now control nearly all of Australia’s east coast energy distribution assets
There are only so many hours in the day. Jack Ma, founder of Alibaba Group Holding Ltd [NYSE:BABA], found that out the hard way. If we look at places like China and India on an economic scale, both of these countries will learn the same lesson. What does this mean?
About 10 years ago, Australia made the decision to develop a LNG export industry. Multinational oil and gas companies invested $70 billion to build a number of LNG export terminals on Gladstone Island, in Queensland.
For over a decade, Australia’s housing prices were on the up. They soared higher, in absolute terms and in comparison to incomes, than Aussie real estate markets had ever been.