Aussie Dollar News — Why the AUD Is on a Downward Streak
Overnight, the AUD fell 1.4% to hit 70.72 US cents. At the time of writing it’s trading at 70.45 US cents. The Australian Dollar has been recording falls against the US dollar for the last…
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Brickworks Announces Latest Increase in Dividend (ASX:BKW)
Back in January 2020, Brickworks Ltd [ASX:BKW] was trading at an all-time high. Then the COVID-19 outbreak occurred and sliced more than 43% from the company’s share price from January to April…
Westpac Settles Biggest Fine, What it Means for the WBC Share Price?
Westpac Banking Corporation [ASX:WBC] announced today it has reached an agreement with AUSTRAC to resolve the civil proceedings commenced in November 2019…
‘Super-Gas’ Region Boosts State Gas Share Price by 27% (ASX: GAS)
There’s been plenty going on in the energy market. The State Gas Ltd [ASX:GAS] share price is up 27% today after an announcement. State Gas is a gas explorer and developer based in Queensland. They…
When to Fix the Roof: The Money Printing Goes On
Eight million people lost their jobs in the crisis of 2008–09. And while the economy recovered over the following decade, the feds never had the brains or guts to return monetary policy to ‘normal’.
I’m Positive Rates Will Be Negative
If ever you wanted concrete evidence negative rates are coming, here you have it… The aim of negative rates is to discourage savings and encourage spending. In theory, this will get that CPI needle moving…
From Hard to Soft in 90 Years
Why take this trip down memory lane? There are a couple of reasons for this nostalgic look at the lessons learned by a generation that’s in its twilight years.
Oil Prices Fall, Dragging down Aussie Oil Companies with It
The losing streak continues for oil with some of the major ASX-listed oil companies down today. At time of writing Woodside Petroleum Ltd [ASX:WPL] is down by 2.23%, Santos Ltd [ASX:STO] fell by 3.26% and…
Final Scene in the Fed’s Fantastic Farce
Now, the fake money system is a racket. Why bother to borrow when you can print? Our prediction for today: It won’t be too long before the US dollar itself is left behind (although we’re…
Eyeballs Deep in Political Risk
Investors in emerging markets know all about political risk. If the mining company you invest in owns an asset that gets nationalised by the government (nationalised is a fancy way of staying stolen), that’s political…