The economy remains under lockdown, although some states are beginning to relax restrictions. As with so many other aspects of American life, there’s been a red state/blue state divide. Red states (republican) are generally more willing to reopen their economies, while harder-hit coastal blue states (democrats) are generally more reluctant to open theirs. Regardless, the […]
ASX Commodity Trading News and Analysis - Latest Updates
Australia is one of the world’s biggest commodity producers in the world so it makes sense to wonder how one can invest in commodities and what the best commodity shares are.
Investing in commodities entails purchasing securities with exposure to an interchangeable basic good or raw material like gold, oil, natural gas, iron ore, aluminium, copper, wheat, soybeans and so on.
Lynas Shares Rocket Higher as US Military Gives Green Light (ASX:LYC)
Rare earths juggernaut Lynas Corporation Ltd [ASX:LYC] has raced out of the gate this morning. The Lynas share price is up 17% at time of writing. Surging on the back of confirmation that the US military will fund their plans for a Texas plant….
The Beginning of the End for Oil: Lower Oil Prices Here to Stay
After prices for crude oil went negative yesterday (-US$37.63), markets were hoping for a reprieve. Indeed, some wrote off this unprecedented turn of events as simply a short-term anomaly…
These Small-Cap ASX Gold Miners Have Shot Up Today
Today we take a look at three small-cap miners, including the Middle Island Resources Ltd [ASX:MDI] share price. What a weird night it has been in overseas markets. The market has certainly conjured up events I would never have dreamed could happen. West Texas Crude futures traded in the negatives overnight, getting close to -US$40 […]
Why Oil Prices Went Negative – The Oil Price Plunge A Warning to Investors
Overnight, the price of oil plunged and for the first time in history went negative. What does that even mean? Bizarrely, it means some holders of certain oil futures contracts were willing to pay to offload their holdings. The contract in question expires today and is for a May delivery of the actual oil…
The Oil and Gold Disconnect and Why It Matters: Attack on the US Dollar
There is a deeper story at work here. Something beyond the superficial mainstream headlines. Here’s what we know: It involves gold, oil, and the US dollar. It involves control of the global financial system and the very concept of money…