
US home sales plunge
US home sales have plunged almost 20% for the month of October in a scary move that could well be signalling mortgage stress is simply too much for want-to-be homeowners. And closer to home, we’re seeing a similar trend. While…
US home sales have plunged almost 20% for the month of October in a scary move that could well be signalling mortgage stress is simply too much for want-to-be homeowners. And closer to home, we’re seeing a similar trend. While…
Spot pricing for Gold $AU4067 Spot pricing for Silver $AU47.13 Spot pricing for Platinum $AU1446 US stocks hit another record high yesterday, amidst President elect Donald Trump issuing warnings for future tariffs on Canada, Mexico and China made products. Later…
This week, we’ve seen Ukraine and Russia conflict step up with both sides now firing mid-long range missiles into each others territory. The most recent missile launch from Russia was described as ‘nuclear capable’, designed to clearly show Ukraine that…
Spot pricing for Gold $AU4031 Spot pricing for Silver $AU47.94 Spot pricing for Platinum $AU1502 As we estimated last week, Gold and Silver have recovered nicely from election volatility and is now looking much healthier at $US2634 with an RSI…
FED chair Jerome Powell has dismissed hopes of a rate cut for the US leading into Christmas. Claiming ‘the economy is not sending any signals that we need to hurry in lowering rates’, FED Powell is carefully dancing the fine…
Spot pricing for Gold $AU3979 Spot pricing for Silver $AU47.14 Spot pricing for Platinum $AU1462 On the back of Donald Trump being elected for his second but staggered term, US sharemarkets and risk on assets have jumped. If you’d invested…
In a massive victory for the Republicans, Donald Trump has won the 2024 US election. In what was seen pre-election as an extremely close race, Trump ended up reaching the 270 seats to win in a relatively short time (Trump…
Spot pricing for Gold $AU4139 Spot pricing for Silver $AU49.35 Spot pricing for Platinum $AU1519 The RBA has kept interest rates on hold yet again, even though CPI (consumer price index) is now within the target range of 2-3% (Currently…
Pending home sales in the US have jumped exponentially for the month of September. Moving up from a modest 0.6% to a whopping 7.4% – economists have cited ‘lower current and future rates are pulling buyers in’. Pending home sales…
Spot pricing for Gold $AU4232 Spot pricing for Silver $AU52.66 Spot pricing for Platinum $AU1615 Bullion pricing continues to rise, again reaching new Gold all time high’s – and the SP500 has also climbed amongst better than expected earnings from…
With both share markets and bullion markets in focus, you’d be right to take a brief moment thinking ‘surely this can’t go on forever?’ Both the US500 and Gold are now continually hitting all time high territory on a weekly…
Spot pricing for Gold $AU4114 Spot pricing for Silver $AU52.19 Spot pricing for Platinum $AU1557 US stocks just posted back to back losses for the first time since early September. In a sign that markets are ‘getting the jitters’, Economists…
At time of writing, gold is now $AU4025 and showing no signs of slowing down its upwards movement. Silver is also starting to move, edging closer to $AU50 – currently at $AU47.47 So what caused bullion to step up yet…
Gold Spot Price $AU3978 Silver Spot Price$AU47.11 Platinum Spot Price $AU1486 The Empire State Business Index, the gauge measuring manufacturing activity in the state of New York fell 23.4 points for monthly reporting. The fall was surprising, considering economists expected a…