I am thinking the RBA pause in rates last week will do no good to the A$ given we are already lagging many other OECD countries and the US in interest rates. I also can't see Australia getting their ship in order under the current Federal and State administrations. Immigration is expected to be 650K in the next two years and we already have a rental crisis with sadly many Australians and their families facing homelessness. Energy costs will remain high given the wave of climate alarmists preventing drilling for oil and gas on land and in the surrounding waters so prices are set to rise even further. While this will likely all have a positive impact for the Aussie silver price, I am incredibly saddened by what is unfolding before our very eyes in this country.
IVR Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)