Balanced Portfolio Recommendation: Switch 2% URNM ETF to Paladin Energy (PDN)
With Paladin delivering production on time and the major components of URNM having production difficulties, we are recommending a switch back to Paladin (PDN)
Balanced Portfolio
Balanced Portfolio Update: Newmont Corp (NEM)
Newmont shares on NYSE are up 15.68% since Wednesday’s ASX close on earnings results
Balanced Portfolio Recommendation: Add 3% Newmont Corp (NEM)
Recent rumors suggest that Israel has launched a military strike in Iran. This development can potentially escalate tensions in the Middle East, leading to increased geopolitical uncertainty.
Balanced Portfolio – Physical Silver (ETPMAG) Trim, Take Profit (+23%)
The recent run in Silver and the “store of value” trade is at odds with the interest rate outlook and we will likely see a pullback as geopolitical tensions ease
Balanced Portfolio Risk Reduction: Strategy update
After an unbroken 6 months rally, a number of factors are now compounding to weigh on global equity markets
Balanced Portfolio Recommendation: Switch 2% Graincorp (GNC) to Nufarm (NUF)
The recent rain on the eastern seaboard and central-west NSW has secured enough moisture for winter crops to be planted and a surge in demand for Nufarm’s products following high rainfall in the East Coast post-Christmas.
Balanced Portfolio Recommendations: ADD Elders (ELD)
We recommend to add into the weakness due to improving agricultural conditions
Balanced Portfolio Recommendations: SELL – Clinuvel (CUV)
We recommend selling CUV due to the current broader market weakness, with the goal of moving to a cash position to mitigate risk and capitalize on potential future buying opportunities.
Balanced Portfolio Recommendations: SELL Take Profit – Treasury Wine Estate (TWE)
Treasury Wine Estates will lift prices of its top-tier Penfolds products as export demand rises and as Beijing lifts restrictions on wine from Australia.
Balanced Portfolio Recommendation: Sell 1.5% Duxton Water (D2O)
With Large amounts of rain predicted in Central NSW over the coming week, the urgency to exit Duxton has increased.
This coupled with the emergence of La Niña will bring wetter conditions to country Australia
Balanced Portfolio Recommendation: Buy 3% Newmont Corp
Newmont Corporation is an American gold mining company based in Greenwood Village, Colorado. It is the world’s largest gold mining corporation. Incorporated in 1921, it owns gold mines in Nevada, Colorado, Ontario, Quebec, Mexico, the Dominican Republic, Australia, Ghana, Argentina, Peru, and Suriname. In addition to gold, Newmont mines copper, silver, zinc and lead.
The Newmont Corporation bought ASX listed Newcrest mining back in November 2023
Newmont has approximately 31,600 employees and contractors worldwide, and is the only gold company in the Standard & Poor’s 500 stock market index.
Balanced Portfolio Recommendation: Buy Hillgrove Resources (HGO)
Hillgrove Resources Limited (HGO) is an Australian mining company listed on the Australian Securities Exchange and focused on the development of the Kanmantoo Underground Copper Mine in South Australia and mineral exploration in the south-east of South Australia. The Kanmantoo Copper Mine is located 55km from Adelaide in South Australia