The Good Morning Report – 5th December

The latest market news, commentary and strategy by Adrian Rowney 

Today's Report proudly sponsored by:


5 Things that Grabbed my Attention

1.  Fairly wild 24 hours for GOLD...It hit a record high of $2152 in Asian trade then proceeded to tank 5% to close around $2050....The BULLION BANKS were forced to play whack a mole - but I predict they are fighting a losing battle.

2. BITCOIN has been on a very impressive run of late - up another 5.5% overnight. I wish I was on it - but alas, can't trade hindsight....I have no idea where it heads to from here. If it shoots to $100K I wouldn't be surprised, just like if it crashes 50%.

3. The judge threw out the case against the LME for cancelling $12bn worth of NICKEL trades when prices skyrocketed....What a farce - the LME is a joke...Why are miners, that are getting screwed over by the LME, silent on the matter???

4. Giant Indonesian conglomerate Sinar Mas has sold down 5% of it's holding in Stanmore (SMR) @ $3.70. They still hold 59% of SMR, so it looks like they are just taking a little profit after the huge run. Fair enough - they have made a boat load.

5. LITHIUM prices tanked again in CHINA.

ASX Market Update

ASX 200 up 51 points to 7124

I think it was a good day for Aussies that Brookfield (wokest of woke institutions on the planet) got knocked back by shareholders from buying Origin Energy (ORG). Power bills would definitely have shot higher under their management as they wanted to fast track the insane renewable energy agenda.... It was also nice not to lose yet another key blue chip company from the ASX.  ORG closed 3.9% lower to $7.86.


This bloke has pretty much been a part of every EVIL globalist organisation you can think of - UN, WEF, BIS and BOE....I'm telling you - these people HATE us, so thank GOD he was unsuccessful in getting control of ORG....On ya bike PAL!!!

Banksters and the board of ORG were not happy the deal failed as they were set to seriously line their own pockets. The fees and incentives were going to be of the JUMBO variety.

Random Observation

Despite renewables failing on every metric (both environmentally and economically), the establishment is still pressing ahead like no tomorrow. They also want rampant inflation to steal the wealth from the middle class....Do you honestly think 1000 private jets flew in for the UN climate meeting because they want to save the planet? Hahaha - as if... they want to make sure the grift continues.

BUY XMET - critical minerals ETF. 

Not even John Cleese couldn't script this kind of thing....

The Day Ahead

Not going to be the greatest day for us as WESTERN investors rushed into the perceived safety of USD.

  • Our SPI is down 23 points
  • Bitcoin up 5.71% to $41,863
  • BHP in US down 2.45%
  • Newmont down 1.7%
  • Block Inc was FLAT

Movements affecting our resource stocks today (USD)

  • Gold down 2% to $2048
  • Paper Silver down 3.7% to $24.90
  • Platinum down 1.34% to $923
  • Copper down 2.62% to $3.82
  • Brent Crude down 0.84% to $78.22
  • Iron ore down 1.8% to $128.80

Asian Market Update

Japan down 0.6%, China off 0.29% and Hong Kong fell 1.09%

LITHIUM has staged a spectacular collapse....Some may think that the Chinese have manipulated a crash in prices via their FUTURES market....but....FUTURES trading in China is all about physical delivery of the underlying commodity, unlike the COMEX and LME which are giant paper trading markets. Plus if the Chinese could crash LITHIUM that easily, then why don't they just do it to IRON ORE and COKING COAL? 

Global Market Update

US Market

DOW down 41 points to 36,204

Hawaiian Airlines (HA) jumped 193% after Alaskan Air lobbed a take over bid...Alaska Air fell 14% - the buyer generally gets sold off when deals get announced.

Despite the huge move overnight, most HA investors that bought over the past 8 years would still be underwater.

European Markets

Germans FLAT, Brits off 0.22% and Frenchies dipped 0.18%

Miners and energy were the worst performing sector in Europe overnight as decent selling hit the underlying commodities....Glencore fell 3% and RIO in London was off 2.86%.

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.

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.