Gold down 2.5% to $2332
Paper Silver down 3.78% to $30.31
Platinum down 2.11% to $1027
Palladium down 3.12% to $972
Copper down 1.64% to $4.76
Brent Crude down 0.71% to $81.32
Iron ore down 2.3% to $119.20
$BHP Group Ltd(BHP.AU$ $Rio Tinto Ltd(RIO.AU$ $Woodside Energy Group Ltd(WDS.AU$ $Fortescue Ltd(FMG.AU$
Paper Silver down 3.78% to $30.31
Platinum down 2.11% to $1027
Palladium down 3.12% to $972
Copper down 1.64% to $4.76
Brent Crude down 0.71% to $81.32
Iron ore down 2.3% to $119.20
$BHP Group Ltd(BHP.AU$ $Rio Tinto Ltd(RIO.AU$ $Woodside Energy Group Ltd(WDS.AU$ $Fortescue Ltd(FMG.AU$
I was anticipating heavier falls for us but overall it wasn’t too bad with the MATERIALS sector only dropping 2%. As for the other sectors FINANCIALS dipped 0.8% while INDUSTRIALS added 0.6%. $S&P/ASX 200(.XJO.AU$
look at how bad the job market is at the moment. I already know of people who have been laid off the last 1-2 months. We are in the recession.
tocks took off on the back of a positive lead out of Wall Street and rising unemployment numbers….
Sometimes the market loves weak economic data because it can translate to rate cuts.
But I still don’t see the RBA cutting at all as STAGFLATION is coming for us (falling economy/rising prices).
$S&P/ASX 200(.XJO.AU$ $Rio Tinto Ltd(RIO.AU$
Sometimes the market loves weak economic data because it can translate to rate cuts.
But I still don’t see the RBA cutting at all as STAGFLATION is coming for us (falling economy/rising prices).
$S&P/ASX 200(.XJO.AU$ $Rio Tinto Ltd(RIO.AU$
3
Sprott is launching a PHYSICAL COPPER ETF….The fund will end up owning millions of pounds of metal that will never be used for industry…The COPPER bull market is going to be a beauty! $BHP Group Ltd(BHP.AU$ $Rio Tinto Ltd(RIO.AU$ $Pilbara Minerals Ltd(PLS.AU$
2
Hey, market explorers! ! 👋 Let's dive into how the federal budget affects our beloved Australian assets, shall we? 🚀
💸 Cash and term deposits - Oh yes, those cash and bank deposit returns are looking pretty sweet after the RBA rate hikes! 😋 And guess what? The Budget won't be rocking the boat much here. So keep your savings rolling in those deposits, and you'll be smiling all the way to the bank! 🏦
📈 Bonds - Another surplus on the horizon, but hold...
💸 Cash and term deposits - Oh yes, those cash and bank deposit returns are looking pretty sweet after the RBA rate hikes! 😋 And guess what? The Budget won't be rocking the boat much here. So keep your savings rolling in those deposits, and you'll be smiling all the way to the bank! 🏦
📈 Bonds - Another surplus on the horizon, but hold...
11
Are higher interest rates good or bad for banks? $CommBank(CBA.AU$
1
Gold up 1.06% to 2345
Paper Silver 3.18% to $28.48
Platinum up 1% to $994
Palladium up 1.69% to $972
Copper up 1.23% to $4.59
Brent Crude up 0.69% to $84.16
Iron ore up 1.3% to $116.20
$Rio Tinto Ltd(RIO.AU$ $BHP Group Ltd(BHP.AU$ $S&P/ASX 200(.XJO.AU$
Paper Silver 3.18% to $28.48
Platinum up 1% to $994
Palladium up 1.69% to $972
Copper up 1.23% to $4.59
Brent Crude up 0.69% to $84.16
Iron ore up 1.3% to $116.20
$Rio Tinto Ltd(RIO.AU$ $BHP Group Ltd(BHP.AU$ $S&P/ASX 200(.XJO.AU$
Some very glum trading updates out of a few retailers definitely spooked Aussie investors. But fortunately for us, most of our core holdings held up pretty well with some finishing in the green.
I was pretty stoked to see Chalice ( $Chalice Mining Ltd(CHN.AU$ ) run another 9.5% to $1.44. I wonder – do the short sellers even know that CHN is sitting on one of the most unique and strategic deposits of PGMs ever found in the western world? BUY
I was pretty stoked to see Chalice ( $Chalice Mining Ltd(CHN.AU$ ) run another 9.5% to $1.44. I wonder – do the short sellers even know that CHN is sitting on one of the most unique and strategic deposits of PGMs ever found in the western world? BUY