Gold Near Record High…Now What?
Gold popped overnight. The yellow metal is trading for US$1,605.70 per troy ounce. That’s an almost seven year high in US dollar…
How Much Faith Do You Have: Will the RBA Cut Interest Rates Again?
In today’s action, Asian and Aussie stocks are in the red. But not by much. That’s mostly due to investors’ faith that the world’s central banks will pull enough levers to keep any pullback from…
A Fool and His Money Are Soon Partying – RBA Governor Philip Lowe
You may have caught the latest from RBA Governor Philip Lowe. He spoke at the Australia–Canada economic leadership summit in Melbourne last Thursday. The RBA made choices that have given us ‘structurally high’ house prices.…
A Word to Stock Market Investors: ‘Locate Your Nearest Exit Now’
With central banks fuelling the longest stock market bull run in history, investors have grown accustomed to the old ‘bad news is good news’ mantra. Vern believes most Australians should sell all of their stock…
Militaries Prep for Coronavirus Pandemic…Investors Go All In on Markets
You’d be forgiven for thinking that nothing can dampen the irrational exuberance driving the bull markets. Never mind that the coronavirus — optimistically reported to be on the wane just this morning — now appears…
It’s Not Just Bitcoin That’s Popping – Buying Crypto in 2020
Interest in cryptocurrencies tends to rise along with their prices. Both bitcoin and ether have had a stellar 30–day run. We lean towards the fact that bitcoin is approaching its next halving…
Coronavirus Sends Blackmores into a Trading Halt
The virus has actually seen an increase in Chinese demand for the company’s vitamins. But it seems the travel ban between Australia and China has stymied the popular ‘suitcase trade’.
The Coronavirus Keeps Stock Markets Guessing – Fears Increase
The biggest toll of the lethal coronavirus may remain centred in Hunan, China. But the fallout is being felt across the world. Global stock markets are swinging from gains to losses and back just as…
Desperate and Crazy…House Prices Reinflate
The record low rates certainly have helped rekindle the Aussie real estate market. And reinflate the great housing bubble.
Saudi Arabia Will Hate This: OPEC+ Trying to Keep Oil Prices Up
Oil prices perked up overnight after rumours emerged out of China that a cure for the novel coronavirus may be nigh. Rumours the WHO promptly quashed. But never mind… After trading US$49.67 per barrel yesterday,…