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.
As we all know the British public say ‘YES’ to Brexit. This result shocked a lot of people. Actually it really just shocked middle and upper class people from London. Everyone else in the country was sick of being the EU’s whipping boy and they wanted their Britain back.
If crisis hits again, people will flee the traditional system. They'll realise the current system isn’t as safe as they think. They’ll want something else. And crypto will be there, ready, waiting for them.
Companies such as Qantas Airways Ltd [ASX:QAN] and Webjet Ltd [ASX:WEB], are trading around all time highs. When we relate that with what’s happening with US leisure stocks, and European luxury goods, the question you then ask yourself is, does any of this suggest an imminent recession?
It’s bad times for a lot of EU citizens and the banks in general. And it highlights the fact that the fall-out from the global financial crisis is still very much with us today.
In our view the Aussie stock market has a horde of bulls pawing the ground behind a gate that’s about to burst open. The Great Aussie Bull Market.
The fact that markets rise and fall seems to escape the investment industry’s attention. Why? The investment industry sells ‘performance’.
Money is going in to buy the juiciest of the Greek property assets. There’s plenty up for grabs when a country is bleeding like Greece was.
The sooner you embrace the cashless society, the sooner they can implement negative interest rates and stimulate inflation.
Banning the burka is a sign of current political pressures. One traditional item of clothing could bring down an entire union — the European Union.