Cash in thanks to billionaire Jim Rogers…NOW | Australian Markets

Jim Rogers is a financial legend.

A poor boy from Alabama that’s now significantly wealthy thanks to an epic profession on Wall Street.

Here’s a quote of his that’s bang on proper now:

“I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.”

He stated this years in the past.

What’s it acquired to do with at present?

See this story from the Australian Financial Review…

“NSW Energy Minister Penny Sharpe on Thursday announced grid access rights to 10 huge wind, solar and battery developments in the government’s Central West Orana Renewable Energy Zone…

“Central West Orana will require construction of around 240 kilometres of new poles and wires to connect the projects to the broader electricity grid.

“According to the energy market operator, Australia’s transition to clean sources of power will require around 10,000 kilometres of new transmission lines.

“The Central West Orana zone covers around 20,000 square kilometres around Dubbo and Dunedoo.”

Oh, the attractive symmetry!

Today, I release my latest report with 4 suggestions.

One of these is probably going to win HUGE contracts from this. It’s actually headquartered in Dubbo.

Look at some of these figures. This is a MASSIVE project.

And like Jim Rogers says…

…when the federal government is throwing money round, all you could have to do is go and decide it up.

You could agree or not agree with the renewable rollout. You could or could not like Labor.

Put all of it apart.

Frankly, no one in the market cares what you OR I feel on this.

Opinions are like…effectively…you understand the outdated saying.

All you need to know is that the market loves juicy authorities contracts, as does everyone else.

You’ve acquired a purchaser who isn’t price delicate and has an open chequebook.

What’s not to love for those who’re on the receiving finish of this?

Government money can be good for an additional motive – certainty.

It’s not going to go broke on you, or go away invoices unpaid. Any company with this type of buyer is one to have in your portfolio, in my ebook.

We don’t know the place Trump is taking the world.

But we do know the Aussie authorities recreation plan. It’s easy…

Spend! Spend! Spend!

See for your self…

Yes, it’s our tax {dollars} going out, no doubt some of it due to be wasted and squandered.

We can’t stop that.

What we will do is own the firm(s) that is perhaps on the receiving finish.

And there’s lots of money coming up.

Already the political sorts assume Labor is a cert for an additional 6 years.

“Blackout Bowen” has the chequebook…and he’s acquired a goal to hit by 2030.

Not distant, in any respect.

This is one more reason I’m not bearish on the stock market.

This money going out does flip into wages and income for residents and companies on the market in the “real” financial system.

From the AFR:

“Treasury predicted in March federal government spending would hit 27 per cent of GDP next financial year, which would be a record outside the pandemic.”

Indeed.

Now, I’m no Jim Rogers.

No one is!

But even I can see if the federal government’s going to spend up huge, the sensible money will chase the place that money goes too.

I’m not saying it’s with out risk. They may nonetheless mess it up.

That stated, to start…

….all you need to do is learn my latest report…and get set for the spendathon about to wash over Australia like a tidal wave.

Then resolve for your self: is Jim’s strategy doubtless to work…or not?

I say it might be a belter.

Best needs,

Callum Newman,
Editor, Small-Cap Systems and Australian Small-Cap Investigator

The US Dollar Index is at a crossroads.

It is testing main help after a severe selloff.

The huge query is whether or not or not help will maintain. That’s as a result of a failure under help will give targets a lot decrease than present ranges.

So the US Dollar is oversold in the short-term, however the risk of more draw back is actual.

My evaluation of the state of affairs on the month-to-month chart is that the long-term downtrend has not too long ago been confirmed. So there ought to be lots of resistance on the primary retest of the long-term transferring averages.

There are different sturdy resistance ranges primarily based on the month-to-month key bar, however that calculation is saved for paying members.

When you mix the assorted resistance ranges you come up with an space round 102.00 to 103.50 which ought to show to be stiff resistance.

if the US Dollar Index bounces from the present degree round 100.00, I might anticipate it to wrestle in that resistance zone and presumably flip back down again to check the latest lows.

If these ranges can’t maintain I might anticipate to see the US Dollar Index cascade down in direction of 93.00 to 96.00 which is the buy zone of a main uptrend between 2021-2022 (See chart above).

Regards,

Murray Dawes,
Editor, Retirement Trader and Fat Tail Microcaps

All advice is normal advice and has not taken under consideration your personal circumstances.

Please search impartial financial advice concerning your own state of affairs, or if in doubt concerning the suitability of an investment.

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