Dear Reader, Ask any old punter who’s been around in the markets a few decades, and I’m sure they’ve seen a couple of crashes. They know they happen. Their analysis tells them one’s looming… They create an investment strategy to try and minimise the losses… Yet, as Greg Canavan, Dan Denning, and I talked about […]
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Crash — How to Survive this Massive Market Crash
Market’s crashed last night.
The Dow fell 10%.
The S&P 500 and the NASDAQ fell around 9.5%.
AUD News: Aussie Dollar Hits 12-Year Low, What Does This Mean?
The Australian dollar has sunk to a near 12-year low overnight, tumbling to 62.13 US cents amid panic surrounding the coronavirus pandemic. The AUD has not seen similar lows against the US dollar since the GFC. As of this morning, the Aussie dollar has dropped more than 11% from 70.31 US cents on 1 January. […]
Crash — How to Survive this Massive Market Crash
Markets crashed last night. The Dow fell 10%. The S&P 500 and the NASDAQ fell around 9.5%. Gold outperformed, but still declined nearly 4%. Thanks to a falling Aussie dollar though, AUD gold actually finished the session higher, at $2,530 an ounce. I’ll have more on AUD gold in a moment. First, let’s continue with […]
The Daily Reckoning Australia Gold Quiz — Test Your Knowledge on Gold
Welcome to The Daily Reckoning Australia’s Gold Quiz. This quiz is a unique way to test your knowledge of the precious metal and hopefully learn a few things along the way. With the coronavirus panic ripping through markets, now is a great time to familiarise yourself with one of the world’s favourite safe havens. If you ace it, then […]
Flight Centre Share Price Falls as Coronavirus Rises (ASX:FLT)
Will the share price of Australia’s largest travel agency fall further? The $2.4 billion dollar travel agency, Flight Centre has continued to fall in share price with the corona virus becoming a global pandemic…