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The Good Morning Report

Posted on April 26, 2023

The latest market news, commentary and strategy by Adrian Rowney 

5 Things that Grabbed my Attention

1. 19 countries have submitted requests to join BRICS...big changes are happening on the world stage.

2. After a heap of strikes, Germany's public sector workers got pay rises of more than 10% and up to 17%....Inflation was never transitory.

3. TPG has pulled its takeover bid on Invocare (IVC) as the IVC board declined to talk turkey....On Monday the stock briefly fell back into the BUYZONE when it hit a low of $10.07 - it closed the session at $11.16....Keep an eye on it - world's leading health experts all saying excess deaths will continue; data is horrendous. (You must have a death wish if you are still getting these experimental boosters.)

4. As demand for SILVER shoots higher, I am seeing miners report production falls....GLENCORE said SILVER output fell 31% last quarter and South 32 announced a 19% drop.

5. There is currently 169 million shares short sold in Core Lithium (CXO) or over 9% of all shares on issue....I tell you what - we could see a hefty short squeeze sometime soon. BUY last sale $0.975

ASX Market Update

ASX SHUT FOR ANZAC DAY

Random Observation

A tsunami of money is coming for these GOLD ETFS....and then imagine the implications for SILVER and PLATINUM ETFS which are miniscule!!!

The Day Ahead

  • Our SPI is down 14 points
  • Bitcoin up 2% to $27,896

Movements affecting our resource stocks today (USD)

  • BHP in the US down 3.4%
  • Gold up 0.4% to $2004
  • Paper Silver down 0.6% to $25
  • Platinum up 0.3% to $1086
  • Copper down 2.75% to $3.84
  • Brent Crude down 2.7% to $80.49
  • Iron ore down 5.6% to $109.50

Asian Market Update

Hong Kong down 1.7%, China fell 0.32%, Japan FLAT

China is the world's largest GOLD producer...Oh..and Xi Man bans exports, not like us dumb Aussies - we can't stick it on a plane/boat fast enough once it has been mined/processed!

Global Market Update

US Market

DOW down 344 points to 33,530

Those investors recently trying to bargain hunt on US regional banks copped a right uppercut to the chops overnight.....

Banking crisis is not over....she is just warming up....wait for COMMERCIAL REAL ESTATE to wreak havoc.

 

European Markets

Germans FLAT, Brits down 0.27% and Frenchies fell 0.56%

 

Meanwhile....LVMH shares just hit a record high (this is not a coincidence).

 

Are you starting to see the Globalist's GREAT RESET now playing out?...It was never a conspiracy theory, they told us their plans!

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The information provided in this post is general information only. Unless otherwise stated the information is not designed for the purpose of providing personal, financial or investment advice. Any examples are presented for illustration purposes and past performance is not a reliable indicator of future performance. The information provided does not take into account your particular investment objectives, financial situation or investment needs.

Without limiting the generality of the above paragraph no person, persons or organisation should invest monies or take action on the reliance of the material contained in this post, but instead should satisfy themselves independently (whether by expert advice or otherwise) of the appropriateness of any such action. Unless otherwise stated the information presented is not a recommendation to invest in any investments, securities or financial products.

This service, like all other financial services, is subject to market forces and unpredictable events that may adversely affect its future performance. Whilst all care has been taken in compiling information in this post, and is provided in good faith, it is not to be relied upon as a substitute for professional advice. The views expressed are commentary only and the writer accepts no responsibility for the accuracy, completeness or timeliness of the information.

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June 22, 2023.
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January 12, 2023.
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August 8, 2022.
A huge thanks To Tracy And Adrian from Super Equity for sharing their knowledge on the recent Introduction To The Stock market Course I attended. The course was fabulous and gave a great insight on how the world operates from Share Markets, to Economic Cycles, World Currencies and great tips on how to look for opportunities on how and where to invest based on local news and world events along with overseas markets and indicators. Also thanks again Adrian for the Silver coin for 1st prize as part of the demo share market game we played over the duration of the course. Would thoroughly recommend the Stock Market course as well Tracy and Adrian's knowledge on our own investments. Cheers Charlie
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