Is the gold boom turning to a bust, or is this only the first phase of a much bigger cycle? The bull case depends on why you own gold and how you choose to hold it. The “what” and “how” matter as much as the “whether.” Gold is a greater fool investment I’m going to start
The post Seven factors driving the gold price appeared first on MacroBusiness.
The managed decline of the Chinese economy continues as the property sector is hollowed out. Last year’s yawnulus didn’t touch the sides of the bottomless black hole. Coal consumption growth has completely stalled. Trade appears to be booming. But only if China is shipping more smaller and lighter items. The economy has been pancaked for
The post Chinese golden Titanic sinks on appeared first on MacroBusiness.
Almost every infrastructure expert opposed the Victorian government’s Suburban Rail Loop (SRL) because the price tag was excessive, the project lacked a business case, it failed any objective cost-benefit analysis, and it would have insufficient user demand. For example, a cost-benefit analysis by Victoria’s Parliamentary Budget Office (PBO) found that the SRL East and North
Throughout much of the last term of federal parliament, the Coalition under its then leader Peter Dutton made a case that the Albanese government was unable to adequately manage the nation’s affairs, using words like “disaster” to characterise some of the government’s policies. While there is certainly a case to be made that the Albanese
The post The Liberal party is floundering appeared first on MacroBusiness.

Palestinian women share how Israeli forces used them as human shields in Gaza and the West Bank Throughout the Gaza genocide, testimonies have documented the Israeli army’s use of Palestinian women as human shields. These are not isolated acts by rogue soldiers but a systematic practice known to Israeli commanders and acknowledged by soldiers.
DXY is up and away! Euro toast. AUD is stuck on the treadmill from hell. CNY down. Gold still looks shaky to me as DXY firms. AI metals find a headwind. Big miners, big shooting star. EM toppy. Jun rejection! Yield back-up continues but is not a trend break yet. Stocks trying/ The Market Ear
The post Australian dollar flogged with Euro appeared first on MacroBusiness.

The Kremlin welcomes Japan’s desire to sign a peace treaty with Russia, spokesman Dmitry Peskov said on Friday. This follows a statement by Japanese Prime Minister Sanae Takaichi, who told parliament that pursuing an agreement is part of her government’s foreign policy agenda.
Iron ore is riding high with the Pilbara killer one week away. Dynamics have shifted, as expected. Late last week, hot metal output fell to 2.36mt. This has been low enough to reverse the steel inventory accumulation, though it is still much higher than last year. In turn, port inventories of iron ore are on
The post Pilbara killler one week away appeared first on MacroBusiness.






