RJC Group’s Post

I have received several questions about gold and other precious metals recently and should they belong in an investment portfolio? Currently we don't have any allocation to gold or other precious metals, because we consider them a 'storage of value' asset meaning the position doesn't produce any sort of cash flow/income to the investor. We are simply hoping that someone will pay more for the asset in the future than we bought it for today. I think Warren Buffet illustrates this concept well in his 2011 shareholder letter. I've copied an excerpt from his letter below: "Today the world’s gold stock is about 170,000 metric tons. If all of this gold were melded together, it would form a cube of about 68 feet per side. (Picture it fitting comfortably within a baseball infield.) At $1,750 per ounce – gold’s price as I write this – its value would be $9.6 trillion. Call this cube pile A." "Let’s now create a pile B costing an equal amount. For that, we could buy all U.S. cropland (400 million acres with output of about $200 billion annually), plus 16 Exxon Mobils (the world’s most profitable company, one earning more than $40 billion annually). After these purchases, we would have about $1 trillion left over for walking-around money (no sense feeling strapped after this buying binge). Can you imagine an investor with $9.6 trillion selecting pile A over pile B?" "Admittedly, when people a century from now are fearful, it’s likely many will still rush to gold. I’m confident, however, that the $9.6 trillion current valuation of pile A will compound over the century at a rate far inferior to that achieved by pile B."

Sydney Morning Herald's Millie Munroi interviewed our market strategist Jessica Amir on what's moving markets and what investors need to watch. Jessica spoke about September traditionally being the worst month for equities, but many will be using it as an opportunity to buy. Meanwhile, she spoke about the need for companies to diversify where they generate their revenue. Jessica Amir, a market strategist at trading platform moomoo, said the Australian share market had a soggy start to September. “September is traditionally the worst month for equities because it’s when dividends are paid out,” she said. “But there was also another big executive walkout from the fourth-biggest iron ore company in the world,” Amir said following the resignation of the senior executives, investors had to think about what was going on. “It has a lot to do with who we make the most money from, and that’s China,” she said. “Fortescue Metals makes almost 90 percent of its money from China, and almost 100 percent [of its] revenue from iron ore, so this many executives leaving one of the world’s largest mining companies begs the question of what the outlook is like for commodities and China.” See the full interview here: https://lnkd.in/gBHc_8HX #stocks #investing #trading #ASX

Disrupting the $16 Trillion Precious Metals Market Discover how this innovative strategy aims to revolutionize the precious metals industry. Join us as we discuss an investment standpoint, attracting investors, and ambitions to disrupt the multi-trillion dollar market. #RevolutionaryPreciousMetals #DisruptingTheMarket #InvestmentStrategy #AttractingInvestors #PreciousMetalsIndustry #Innovation #MarketDisruption #InvestmentOpportunity #PreciousMetalsMining #MarketRevolution

📉 Investors Alert: Gold Road Resources Ltd faces a sharp 6.9% decline in share prices amidst broader market movements. Despite the surge in gold prices, this ASX-listed miner's shares have taken an unexpected turn. Here are the top points to note: - Gold Road Resources' recent performance sharply contrasts with the positive trend in gold prices. - Speculative actions tied to the sale process for Greenstone Gold Mines may be influencing share price volatility. - Investor sentiment is wary of potential dilution from a speculated 'monster capital raising' effort. The company's strategic move towards expanding into Greenstone Gold Mines brings with it both growth prospects and concerns over shareholder value. As investors and market watchers, we face a delicate balance of risk and reward. For a fuller analysis, read our detailed breakdown and insights. Stay ahead of market trends and recalibrate your investment strategy accordingly. 🔗 Dive into the full story and implications here: https://lnkd.in/gEHxSA5H #GoldRoadResources #StockMarket #InvestmentInsights #ASX #GoldMining #SharePriceDrop #MarketAnalysis #InvestorSentiment #StrategicExpansion #CapitalRaising

Market Regulation Where is it? Today was a rough one for market investors of all stripes. The only folks who were safe were those holding money market funds and of course cash. I want to draw your attention however to a company called Show Case Minerals stock symbol SHOW. For the last number of days it has been going up until todaty where the pre market bid hit 2.93. Today however the stock crashed going from 2.93 down to .70 in a heart beat . This is a gold exploration company drilling based in Nevada.My question is with such a breath taking move where were the regulators .It should have been halted pending news. Nothing not even a peep. The stock bounced back to an astonishing 2.70 before settling down to close at 2.15. Still no news or no halt. This is unbelieveable and shame on the regulators for doing nothing . I could go on but I won.t . Its caveat emptor more than ever. Be very careful out there especially now with so much rampant speculation going on .Remember markets can stay irrational much longer than you or I can stay solvent.

ASX: ANZ GROUP HOLDINGS LIMITED - ANZ 1D Chart (Semilog Scale) Analysis Function: Major trend (Minor degree, grey) Mode: Motive Structure: Impulse Position: Wave ((ii))-navy of Wave 3-grey Details: The short-term outlook indicates that wave 2-grey has ended, and since the low at 27.56, wave 3-grey is unfolding to push higher. The current price action is subdividing into wave ((ii))-navy, pushing slightly lower, presenting an opportunity to seek a long trade setup targeting wave ((iii))-grey. Invalidation point: 27.56 Technical Analyst : Hua (Shane) Cuong, CEWA-M Source : TradingLounge.com get trial here! #AnzGroup #elliottwave #stocks #asx

Attention Investors! Recent broker analyses have shone a spotlight on three ASX shares that should be on your radar. Check out my latest article for a deep dive into why these stocks could be worthy additions to your portfolio: 📊🚀 1️⃣ BHP Group Ltd - With robust cash flow and promising copper projects, despite a slight price target decrease, BHP's long-term prospects look bullish. 2️⃣ Newmont Corporation - As gold prices climb, this company is poised for significant free cash flow, earning it a confident buy rating. 🏔✨ 3️⃣ Orora Ltd - Facing challenges, yet still presents substantial value and attractive dividend yields with a target price set at $3.00. 📈💰 Expert insights point towards these shares being potential key players for diversifying or strengthening your portfolio. Remember, it's essential to do your due diligence. Read more for observations and key takeaways: 👉 Visit the full analysis: https://lnkd.in/evZUgcPf #Investment #ASX #Stocks #Finance #Trading #BHP #NewmontCorporation #Orora #FinancialAnalysis #Brokers #Equities

"Buy recommendation for Vizsla Silver Corp. due to increased recession risk (upside catalyst for safe haven silver/gold) and progress in exploration activities. The positive correlation between Vizsla Silver Corp. stocks and gold/silver prices makes it an attractive investment for retail investors. Vizsla aims to become a major silver producer in Mexico with its Panuco silver-gold project. The next steps are a resource estimate and a preliminary economic assessment."

IXM, the trading house owned by Chinese miner CMOC Group, is stepping back from the aluminum market to focus on its core business. The trading house, the third-largest metals trader behind Trafigura Group and Glencore Plc, “has decided to proactively downsize its aluminum business in 2024,” a spokesperson said in an emailed statement. The decision will lead to some redundancies, while some staff from the aluminum division will be rotated to other roles within the company. Metals traders have struggled in the past two years amid lackluster industrial demand and sluggish markets, while their peers in energy and agriculture markets have racked up record profits. Aluminum traders, who compete with banks to finance large volumes of metal, have been particularly hard hit by the rise in interest rates. IXM is a key link between the Chinese battery industry and the world, and Chief Executive Officer Kenny Ives has sought maximize the trader’s capabilities in the commodities that its parent produces. CMOC last year overtook Glencore to become the world’s largest cobalt miner, making IXM the world’s largest cobalt trader. It’s also a significant producer of copper, with plans to expand in nickel and lithium, and has a strategic partnership with 25% shareholder Contemporary Amperex Technology Co. Ltd., the world’s largest battery maker. Despite the challenges in aluminum, IXM saw “record financial performance” in 2023, according to the statement. #commoditytrading #metals #aluminium #IXM #CMOC https://lnkd.in/ejbfWVVr