Charts from TME. The golden rocket channel holds. It ain’t specs. ATH again and again. Daily RSI OK. Monthly RSI whoa! Bugger fake gold. Japanese connection holding. Miners up and away. Explorers and juniors fly as it boils over. But cheap if you believe. “In the short term, a 100pt increase Geopolitical Risk Index translates
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Westpac measures headed for Hades. In January, Westpac-Melbourne Institute Consumer Sentiment fell 1.7% to 92.9. The move is driven by deteriorating perceptions of the near-term prognosis. Now, over two thirds of customers anticipate an increase in mortgage rates in 2026. Customers are less optimistic about their employment prospects. Most people between the ages of 18
Once upon a time, there was a country in which you grew up in a good house and played in abundant green space. Occasionally, you visited your grandparents in some suburb near or far. Life was good. Now the kids will be emptying their grandparents’ Tenna support pants instead. In an attempt to combat the
The post Australian property turns granny slum appeared first on MacroBusiness.
As protests continue on the streets of cities across Iran against the government of Ayatollah Ali Khamenei, it’s worth reflecting on why this nation at the heart of the crossroads between Central and West Asia is so vital. At its narrowest point, the Strait of Hormuz in the Persian Gulf is only 39 km across
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Last week, the Canadian government, led by Prime Minister Mark Carney, announced that it would no longer accept sponsorship applications for parent and grandparent visas. In 2013, the Fraser Institute, a Canadian think tank, estimated that the lifetime cost to taxpayers for the 70,000 parents and grandparents admitted to Canada between 2012 and 2014 would
Iron ore and coking coal are obliterating steel mill margins. Scuttlebutt is crazed. China’s cabinet held a meeting on Friday about implementing a package of fiscal and financial policies to boost domestic demand, including initiatives to spur household consumption, state broadcaster CCTV reported. A need for restocking as well as decreasing global iron ore shipments from Australia
Locals who say they overwhelmed by three neighbouring big battery projects force one gigawatt proposal to be reviewed by independent panel.
The post New England locals force huge battery project proposal to go before independent panel appeared first on Renew Economy.
I would observe this with relief. In a short statement on X, former prime minister Kevin Rudd thanked Prime Minister Anthony Albanese and Foreign Minister Penny Wong for their kind words. “It has been an honour to serve as Australia’s Ambassador to the United States over the last three years,” he wrote. “I also thank
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A pattern of appeasement, not moral clarity, has shaped the Albanese Government’s response to Gaza, Israel and the politics of antisemitism at home, writes Paul Begley.
Last night most risk markets shrugged off the attack on the US Federal Reserve’s independence by the Trump regime with a small blip against USD while Wall Street eked out a small return as European stocks outperformed again. Precious metal prices continued to soar against USD however, while oil markets also saw more upside on
The post Macro Morning appeared first on MacroBusiness.
In a recent poll undertaken by relatively new pollster, Fox & Hedgehog, a very clear question was asked to it’s respondents: “Select whether you agree or disagree with the following: There should be a pause to all migration to Australia other than tourists.” Overall 54% of respondents said they agreed (32% strongly agree, 22% agree)
The hatred of hatred is about to doom Australia. A proposed moment of national unity in the parliament after the Bondi massacre has descended into partisanship as politicians prepare to debate sweeping laws that would jail for up to 15 years Islamic extremists or neo-Nazis who collaborate with hate groups. …“We want to make it
US President Donald Trump has someone in mind to be the next leader of Cuba – his secretary of state, Marco Rubio.
On Sunday, Trump reposted an image of an X post that jokingly claimed that the top US diplomat would be made the president of the Caribbean island.
“Sounds good to me!” Trump responded on Truth Social.
In a follow-up message, he accused Cuba of subsisting on oil money from Venezuela.
Lt Col Daniel Davis argues that President Trump’s failure to end the Russia–Ukraine war stems largely from flawed advice and misperceptions within his own team — especially from Keith Kellogg. Despite Trump’s repeated promises to end the war quickly after taking office in January 2025, there has been no progress toward a negotiated settlement nearly a year later.
Last week it was geopolitical tensions, the start of this week is an attack on Fed independence...
It's no wonder why precious metals continue to stay so bullish. Trump is making the headlines again to start the new week and in case you missed it: