The ASX 200 has taken a severe battering over the last five weeks, down over 30% at the close of the market yesterday. The COVID-19 virus has gripped the globe and in doing so has dumped global markets to recession levels…
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.
The AUD and Economic Instability — The Signal Telling You It’ll Get Worse
10 years ago this month, I headed off to the US and Mexico for bit.
It’s funny how different back then is to now.
Why Iron Ore Prices Just Fell 3.1% Is Important — It’s Australia’s #1 Export
Iron ore is Australia’s number one export. Australia is the world’s iron ore powerhouse, with Brazil a close second. If iron ore prices fall below that and keep falling this is bad news. It will have a big effect on the Australian governments bottom line…
Stimulus Wave: US Dollar Drop Fuels Gold Price Surge
The Dow Jones Industrial Average surged massively overnight, jumping 11.4% or 2,113 points, marking the largest increase since 1933. The ASX 200 followed markets in the US, surging 5.82% in the first 30 minutes of trading this morning. Coinciding with the meteoric rising of global market indices was a 4.75% rise in the gold price […]
Our Final Communication…
Today’s the last day of our special ‘stop press’ publishing schedule. Your normal service will resume tomorrow.
Special Market Update: Black Swans and Ancient Money
Dear Reader, In today’s Money Morning…three ways to buy gold during a mania phase…plus what would slaughter the bull…black swans and ancient money…debt, demography, and crashing oil prices…and more… We continue our special coverage of financial markets in the age of pandemic. As margin calls roil stock markets and liquidity disappears from the system, we […]