HMX 2.63% 3.7¢ hammer metals limited

China waited a long time, but the situation was now so bad that...

  1. 4,241 Posts.
    lightbulb Created with Sketch. 1383
    China waited a long time, but the situation was now so bad that Beijing has finally panicked and is now trying to support its ever weaker economy with a tsunami of stimulus - but at the same time significantly increasing the risk of a resurgence of inflation in Western countries (rising commodity prices, etc.). Strikingly, in addition to the property market, Beijing is now also targeting the stock market for the first time in an attempt to boost Chinese confidence. Now all major Western central banks are cutting interest rates, China is going all-in - it is only a matter of time before inflation picks up again significantly. Then there is also the stimulus that Trump or Harris will organize after the US election. That speaks in favor of gold and also copper. If the decarbonization of the economy does gain momentum (e.g. if Kamala wins), then things could get really interesting again. I don't really know. Perhaps sooner or later we HMX shareholders will be overwhelmed by a positive (money) tsunami. Who knows.....
 
watchlist Created with Sketch. Add HMX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.