Gold continued to outperform the rest of the resources sector this week but a bounce could be brewing among unloved nickel stocks as a deficit of the metal grows and a Chinese de-stocking cycle comes to an end.
Gold stormed back to the top of the Australian investors’ hit parade this week as the rolling chaos caused by the US President, Donald Trump, infected bond markets with a shock fall in interest rates – driving investors to an overlooked safe haven.
What’s the difference between a herd of cattle following a giant steer around a paddock and a flock of speculators investing in stocks close to promising copper discoveries?
Lithium stocks woke with a jolt yesterday after the big American chemical maker Albemarle Corporation agreed to pay whopping $1.58 billion for a half-share in the Wodgina project of Mineral Resources, potentially leading to a significant re-rating of the broader new-energy sector.
