Callum Newman

I remember George W Bush on a US carrier declaring ‘Mission Accomplished’ when it came to Iraq in the second Gulf war. That was in 2003.
The war was still going in 2011. Iraq became a failed state, instead of a flourishing democracy.
The Iranians aren’t stupid.

Here’s one way to stop any speculative fever developing in the stock market. Get a big war going.
That’s a real risk right now after the US attacks on Iran.

Here’s a few things I discovered this month after reading The Thinking Machine: Jensen Huang, Nvidia, and the World’s Most Coveted Microchip.
If you want to be a billionaire, have a read of this!

All year you and I have been on a mission.
It’s to discover if now is the time to be upping your exposure to risk assets, or dialling it down.
I put my stake in the ground ages ago: get bullish!
It’s working.

Oil was a big macro influencer fifty years ago. The OPEC embargo shook even mighty America for a moment in time.
But it’s not 1973 anymore. I have a better idea.

The market usually doesn’t sell off in a big way when we get the kind of geopolitical flashpoint we’re seeing now.
However, I must admit I still expected the Aussie market to be down at least a little bit this morning.
As I write, it’s mildly green. Are investors being too complacent here?

All week we’ve been on a mission. We’re unpicking the dynamics around gold, and gold stocks.

Here’s a bit of advice on this opportunity,

Gold was long considered a “chaos” hedge, and protection against market sell offs and financial crisis.

It can be that, for sure.

But for now, the markets are bidding on both, because it’s inherently protection against currency depreciation.

This is why bitcoin is surging toward new highs as well.

Dimon recently stated:

“You are going to see a crack in the bond market”.

And…

“You are going to panic”. He doesn’t say it, but implied in Dimon’s warning is you and I better have a plan in place for when this scenario goes down.

Trump has a money problem. The American deficit needs handling. Foreigners hold trillions is US Treasuries.

At some point it’s not hard to imagine Trump just not paying the interest on these bonds, or calling them void with some bogus executive order.

Trump has a gangster’s mentality: whaddya gonna do about it?