Gold production going global
Gold’s price multiplying by over fivefold since 2001 has unleashed an onslaught of exploration all over the globe. Countless mining companies, both old and new, have sought to get their piece of one of the hottest commodities of the 21st century. Many of these miners have gravitated towards jurisdictions known to have rich gold-mining histories. …
IPO Watch
On 21 August the operator of our share market, ASX Limited (ASX) provided hard evidence of a trend of which many Aussie investors are already aware – the IPO market is booming. ASX Limited reported a 3.1% revenue increase year over year along with a 10% rise in profit, attributing these results in large market…
Gold Miners In A Sentiment Wasteland
Gold’s precipitous decline in the first half of 2013 sent shockwaves throughout the entire mining industry. Its scary panic-induced 28% plunge over just six months has forced the miners to revisit their development plans. And this will no doubt have an adverse impact on global mine production in the years to come. It’s actually quite…
4 Big-Growth Asian stocks fund managers are buying now
Fund managers favour Asian stocks wired to the region’s growth story. Hugh Young Managing Director Aberdeen Asset Management Asia Sydney 1) Jardine Strategic Holdings (SGX:J37) A Hong Kong-based holding company with principal interests in Jardine Matheson, Dairy Farm, Hongkong Land, Mandarin Oriental, and Cycle and Carriage, Jardine Strategic Holdings Limited has consistently ticked the right…
The China Threat
There are no shortage of worries for investors these days but at the top of the list is China. The following chart illustrates how important China has become for our Gross Domestic Product (GDP): The Bank of America Merrill-Lynch survey of international fund managers polls large funds with assets under management in excess of $708…
Markets Require Regulators Not Watchdogs
Markets require regulators. As Adam Smith, the champion of the invisible hand, notes in The Wealth of Nations, when individual interests are left unregulated they work to turn competitive markets into monopolies. But what happens when regulators meant to check individual interests fail to promote the public interest? Consider Australia’s banking sector. The banking royal commission has…
Online Businesses The Winners This Earnings Season
Investors are always looking for clues for hot stocks to buy and the recent flurry of earnings reports points to a potentially powerful indicator of future growth – online presence. It is no secret that online sales are on the rise globally. Some of Australia’s best performing stocks operate exclusively online and in many cases…
New Silver Bull Coming?
Silver has been dead money over the past year or so, relentlessly grinding sideways to lower. That weak price action has naturally left this classic alternative investment deeply out of favor. Silver is extremely undervalued relative to gold, while speculators’ silver-futures positions are extraordinarily bearish. All this has created the perfect breeding ground to birth…
How Resource Limits Lead to Financial Collapse
Resource limits are invisible, so most people don’t realise that we could possibility be approaching them. In fact, my analysis indicates resource limits are really financial limits, and in fact, we seem to be approaching those limits right now. Many analysts discussing resource limits are talking about a very different concern than I am talking…
RBA rates decision stuck between jobs growth and household debt
Is the Reserve Bank of Australia’s monetary policy on a collision course with itself? Quite possibly. The key data and evidence this week were employment figures in Australia, retail sales in the United States, and minutes from the Reserve Bank of Australia board and US Federal Open Market Committee (FOMC). First, the data. ABS figures…
