The Good Morning Report - 14th December

5 Things that Grabbed my Attention

1. FED kept interest rates on HOLD and indicated rate cuts are coming next year with more on the way in 2025. DOW hit a record high on the news.

2. Crazy day of trading in Sigma (SIG) which is the company Chemist Warehouse is using to backdoor list on the ASX.

3. Turkey imported 6 million ounces of SILVER last month - it's largest ever purchase. Good on them - drain of metal from the WEST to the EAST continues.

4. URANIUM price continues to rise - just hit US$85/lb - still in a very nice up trend.

5. New Argentinian President Javier Milei just devalued the Argentine Peso by 54% Vs USD....Despite all his pledges to the people of Argentina - he is a US puppet. The guy campaigned on shutting down its central bank yet he hired a former JP Morgan banker to run it, he called NET ZERO and climate change a SCAM but quickly resigned the Paris Accord. And has already hosted Zelensky, so it looks like Argentina is set to become a fresh money laundering hub for the elites....I've now concluded that Javier Milei is your typical lying piece of crap, corrupt politician - he actually had me going for a while!

ASX Market Update

ASX 200 up 22 points to 7257

Sigma Healthcare (SIG) shares initially surged a whopping 76% on the opening to $1.35 before getting thumped back to 99c, with the stock finally closing at $1.04...Traders were trying to make an easy buck by front running index tracking funds and other institutions that will have to buy SIG once the mega deal with Chemist Warehouse (CW) gets done - but they got absolutely smoked.....At above $1.00 we are probably looking at the combined SIG/CW to be trading on a PE of about 20 times. There is also the risk that the regulator doesn't approve the deal or holds it up.

Random Observation

This is a meeting of some of the most corrupt war mongers on earth.....

I met with leaders of US defense companies and expressed my gratitude to every American worker who manufactures weapons that help us safeguard our people and defend our land.

I appreciated all American companies that attended last week's US-Ukraine defense industry conference.… pic.twitter.com/B82hyH2BUZ
— Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) December 11, 2023

Zelensky posted this picture on X. He is with leaders from such firms as Boeing, Lockhead Martin & General Dynamics who BUY congressmen to ensure America is always at war or funding them. It's a huge money game - they get stinking rich on the misery of millions....It really is a CLOWN WORLD - I guess it always has been, but it is just in your face now. They have no shame.

And look...just in: Yanks want our boys to start fighting the Iranian backed Houthi rebels who have been targeting WESTERN OIL tankers. Unfortunately both Dutton and Albo are war mongers as well.

The US Navy has asked Australia to send a warship to the Red Sea, a move which would mark a major escalation in Australia’s response to the unfolding crisis. https://t.co/9oSvOPQyya
— The Australian (@australian) December 13, 2023

Asian Market Update

Japan up 0.25%, China down 1.15% and Hong Kong fell 0.89%

LITHIUM Futures are staging a violent surge back up. Volumes would indicate that AUTOS are restocking.

Futures markets in CHINA are all based around physical delivery while the COMEX/LME are giant bankster paper SCAM markets where NAKED SHORT SELLING is at levels that DEFY IMAGINATION*!

#China's lithium carbonate futures contracts hit limit-up across the board for 2nd straight day.

The most-traded Jul 2024 contract is surging 10% to jump back above 100,000 yuan/tonne mark.https://t.co/haGgRmRP6L https://t.co/laaXSdbvPn pic.twitter.com/9JGu5UY4z7

— YUAN TALKS (@YuanTalks) December 8, 2023