Kick Back: The 10 biggest stories you might have missed on Stockhead this week
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Even the animals reckon people should wear their masks.
One swan was clearly a little bit peeved this woman wasn’t wearing a mask or physically distancing.
Now here’s what you might have missed on Stockhead this week, but everyone else didn’t, and liked the most.
The gold price may be taking a breather in the $US1,900/oz’s, but moves by legendary investor Warren Buffett indicate this could be a temporary blip.
Experts believe Berkshire Hathaway’s recent investment in Canadian gold miner Barrick shows Buffett is taking steps to protect his other investments from inflation.
In terms of the best bang for an investor’s buck, gold equities tend to do better than physical gold in a bullish gold environment.
Over the past year Simon Popple of UK-based Brookville Capital, who specialises in junior mining companies, has highlighted nine ASX mining and exploration stocks with growth potential.
All nine of them have performed well since.
Now he has sold some of them. Why? Good question!
Ask almost any ASX company or investor, and they’re likely to tout the benefits of a viable sales strategy into the Chinese market.
And despite the complexities 2020 has thrown up — COVID-19, increased geopolitical tension — a number of ASX small caps have been busy laying the groundwork for a viable long-term China strategy.
Some of the world’s largest gold producers may be forced to engage in targeted acquisitions or expand their exploration activities to overcome a sharp decline in their gold reserves.
This is despite spending $US69.5bn on acquisitions and exploration activities since 2010, according to S&P Global Market Intelligence.
All this bodes well for advanced ASX gold explorers.
The oil and gas sector has not had it easy this year thanks to the COVID-19 pandemic and the resulting travel restrictions.
Global oil demand is sinking and prices have struggled to break past the $US45 ($62) per barrel mark. They even recently slipped below $US40 per barrel thanks to bearish news from world financial markets.
Despite the market beat-up, several ASX-listed companies are positioning themselves to take full advantage of the post-COVID recovery.
Tech is the gift that just keeps on giving. And the Aussies are beating the Yanks.
While the ASX’s headline indices are still below pre-COVID lows unlike the American exchanges, our tech sector has performed better than the US during COVID-19.
In fact, our tech sector has outperformed all of its global peers. Read on if you missed it.
When someone says ‘recession’ investors usually flee risky stocks.
But apparently a health pandemic is a good time to start playing the stock market – or at least that’s the trend that has emerged during COVID.
And resources is outperforming other sectors, according to resident Stockhead commentator Guy Le Page.
The American semiconductor sector took a bit of a beating in the past week. What the hell are semiconductors you might ask… and why is there a whole sector dedicated to it?
While semiconductors are just a material that conducts electricity, the term is used broadly to refer to technologies that use the material, particularly computer chips.
And we all know when Wall Street takes a dive, the Aussie exchanges follow.
You’ve read the book, now watch the movie!
Tune in to hear what they had to say.
This week’s tale is one of what life was like before the “hedge fund”.
It involves going long in takeover targets and shorting the suitor, something slightly less evil than blackmail, and TSB’s gardener being wealthier than him.
Have a good weekend!