The share price of Australian gold mining giant Newcrest Mining Ltd [ASX:NCM] is up 5.35% or $1.52 this morning, thanks to news from its Havieron and Red Chris projects. The price of gold also pushed higher overnight to rally 1.45% to US$1,746 per ounce. NCM is targeting the start of development at its Havieron project […]
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Why Has High-Grade Gold Seen the Blackham Share Price Retreat?
The recent high price of gold has pushed shares of both gold miners and explorers higher. But, Australia’s largest gold miners took a tumble yesterday as the gold price began to fade on the back of renewed optimism of economies reopening. Gold is still trading at some of the highest levels we’ve seen in a […]
Government HomeBuilder Policy Designed to Prop Up Housing at All Costs
Take for instance the wonderful, exciting HomeBuilder policy the Aussie government has decided is a real winner. That should help underpin the only ace the Aussie government has anymore. Can’t cut rates any…
JPMorgan Turns Bullish as Bitcoin Hits US$10,000
When it comes to bitcoin critics, there are plenty of names to choose from. One of the most vocal has always been JPMorgan CEO Jamie Dimon. Overnight, for the first time in almost a month, bitcoin hit the US$10,000 mark again…
Don’t Think the Stock Market Can Go Higher? Think Again…
Can the stock market go higher? — There are lootings, shootings, and protests all over the country. And the stock market moves up?! Yeah, it sounds crazy, I know. But that’s what’s happening. US stock markets edged up 0.36% overnight…
The US Dollar Money System in Meltdown, What Comes Next? — Bitcoin
I explain why the US dollar’s days are numbered. The Fed is putting out fires for now, hoping that the money system can resolve itself before it collapses. This leaves space for a new reserve asset. My money is on a cryptocurrency like bitcoin…