The Good Morning Report – 4th of April

1. POTENTIAL BLACK SWAN EVENT not being discussed: An all out war with IRAN could lead to the Strait of Hormuz to being shut off (see random observation)…..OIL prices would skyrocket. Got energy stocks?

2. Got COPPER?….Nice move overnight.

3. 1 in 3 jobs created in Australia was due to the government bankrolled NDIS….Our economy is starting to reek of socialism as it looks like AirBus Albo and his GOONS want to turn us into Argentina.

4. Regis Resources (RRL) fell 3.97% after announcing a giant cost blowout of its proposed GOLD mine in NSW….I’m keeping a BUY on the stock because it’s existing production and very healthy margins easily justify the current share price.

[wpuf_partial_restriction roles=” ,editor,author,contributor,subscriber,wpseo_manager,wpseo_editor,translator” ]

5. The cashed up Arabs are hunting down opportunities to invest in GOLD miners. Regis (RRL) could easily be on their target list and they’ll definitely be buying a big rip of Newmont (NEM).

ASX 200 down 105 points to 7782

How good was that session – the market copping a decent touchup while our old mate ETPMAG did the business putting on 3.5% to close at a 3 year high. GO SILVER!!!

Strait of Hormuz Potential BLACK SWAN EVENT
This 21 miles of water is one of the most important on earth as over 30% of the world’s OIL or 20 million barrels flow through it each day (IEA). If it gets blocked due to a war with IRAN then OIL prices would skyrocket and you’ll be filling up for over $10/L if your servo doesn’t run out.

Also remember that we are currently governed in the WEST by a bunch of climate change lunatics/activists who have thrown all rational and scientific thought out the window. These people are actively trying to end all FOSSIL FUELS so don’t discount the fact that they may be gunning for a WAR with IRAN to see their deranged fantasies come true.

The best and probably the safest way to get exposure is buying the ETF called FUEL. It owns a portfolio of the world’s largest OIL producers.

A couple of blown up OIL tankers on this tiny strip of water would plunge the entire world into absolute CHAOS. I kid you not – it is that easy.

  • SPI is up 29 points
  • Bitcoin down 0.3% to $65,858
  • BHP in US down 0.74%
  • Newmont in US up 1.27%
  • RIO in London down 0.95%

Movements affecting our resource stocks today (USD)

  • Gold up 1.5% to $2316
  • Paper Silver up 4.71% to $27.14
  • Platinum up 1.66% to $949
  • Palladium up 2.16% to $1026
  • Copper up 3.4% to $4.20
  • Brent Crude up 0.5% to $89.37
  • Iron ore down 3% to $98.55

Japan down 0.97%, Hong Kong off 1.22% and China down 0.18%

Markets rolled over in ASIA as a decent earthquake hit Taiwan….It looks like TSMC which is the world’s largest chip maker, got lucky…..

I’d be saying a few Hail Marys if this was me….

DOW down 43 points to 39,127

US Treasury Secretary and former Federal Reserve Chairman, Janet Yellen is set to visit China yet again….Last time all she got was a couple of bad prawns and came home sick!

“Now President Xi, I’m being truthful….Our treasuries are the finest PONZI scheme you’ll find on earth today. So can you please, please stop selling and start supporting us. Plus what is it with you and GOLD? And why are there reports of the peasants buying SILVER when our highly respected bullion banks are SHORT half a billion ounces on the COMEX and maybe a billion more on the OTC?”.

Germans up 0.46%, Brits FLAT and Frogs added 0.29%

GOLD accumulation is not stopping despite prices setting fresh highs.

[/wpuf_partial_restriction]

General Advice Warning
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.

Super Equity Pty Ltd ACN 609 373 202 is a Corporate Authorised Representative 001238425 of ANDIKA Pty Ltd AFSL 297069. It should also be noted that references and hyperlinks to any third party information (including, but not limited to: news articles, blogs, reports, videos or other mediums of information) is not an endorsement of that party or product.

TERRY CONWAY
TERRY CONWAY
July 9, 2024.
I've been receiving Tracy and Adrian's Good Morning Report for about 5 years now. Apart from it being my fav email to read each morning, it's given me good knowledge and tips leading to great investments. This proof in their expertise lead me to put my super with them 3 years ago and I'm pleased I did. Their easy going attitude and values align with me and they are a pleasure to deal with. Thanks Super Equity!
Stephen Hall
Stephen Hall
September 21, 2023.
Tracy & Adrian's knowledge/experience with financial markets, greater global & domestic political/economic impacts & individual companies/stocks is not just unique & refreshing, but also gives great peace of mind. Having a team this capable taking care of your hard earned to help avoid knowable negative impacts, and/or take advantage of opportunities well ahead of time is like nothing I've experienced before. Could not recommend highly enough. Subscribe to Adrian's newsletter too if you want a no B.S. commentary that is unlike the sanitised drivel coming from mainstream financial reporting.
jeff allott
jeff allott
June 22, 2023.
Sound knowledgeable and friendly service with advise tailored to my requirements
Natalie Gaby
Natalie Gaby
January 12, 2023.
I highly recommend Super Equity to anyone needing assistance or guidance with their Super. Tracy was very thorough and clearly explained how Super works and why she made particular recommendations for us. Her (and the team's) customer service is outstanding with being very personalised, and we look forward to a long working relationship with them.
Charlie Gimblett
Charlie Gimblett
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
Leigh P
Leigh P
April 29, 2022.
Tracy has been a pleasure to deal with. Found her very approachable and patient. She is very knowledgeable in super funds and I would highly recommend her to anyone who needs more education on how to make their super work for them.
Lena Diez
Lena Diez
February 25, 2022.
My husband and I have had the privilege of receiving the guidance, services and support from Tracy for over 5 years. Having joined Super Equity has been one of the best financial decisions we have made to date. Tracy's extensive experience and knowledge has guided and helped us improve in our financial journey. No question is to silly, Tracy is always available for any query you have and gives us the time to explain our portfolio and investments. Receiving the daily morning reports has been helpful to understand and learn the market. We have always highly recommended and will not hesitate to recommend Tracy and team for any and all financial guidance. Thank you Tracy and look forward to your continual support.
Tessa Daal
Tessa Daal
October 13, 2016.
Tracy has been an amazing teacher. I have gone from having no idea about what my super was doing and feeling really overwhelmed by the thought of all that it involved, to now being in control and understanding. Through super equity's I have a transparent, easy to understand managed fund. Tracy has even put me into contact with advisors specialised in life insurance and income protection. I cannot thank Tracy enough for empowering me and helping me organise all my affairs. If you need someone patient an knowledgeable to organise your super and investment portfolio, Tracy is the best!!
Dianne Bentley
Dianne Bentley
July 8, 2016.
The service and support received from Super Equity has reached and surpassed all our expectations. Having previous experience with stock brokering firms over an 11 year period has highlighted to me how superior the service and support received from Tracy Askew at Super Equity is. For myself and for my clients. Tracy's in depth fundamental and technical knowledge in all areas of the market reduces many hours of my time in the research needed to be successful and profitable for myself and my clients.