Matthew Palazola’s Post

ASX: NEWMONT CORPORATION - NEM 4-Hour Chart Analysis Function: Major trend (Subminuette degree, grey) Mode: Motive Structure: Impulse Position: Wave iii-grey of Wave (iii)-orange of Wave (iii)-navy Details: Since the low at 76.91, wave iii-grey is unfolding to push higher. It could target around 90.00. After that, we will have a pullback lower with wave iv-grey. And finally, wave v-grey will continue its work to push higher. Invalidation point: 81.18 Technical Analyst : Hua (Shane) Cuong Source : Tradinglounge.com get trial here! #Newmont #elliottwave #stocks #asx #tradinglounge

Copper Is the New Oil! Jeff Currie, chief strategy officer at Carlyle Group, says copper is the new oil. He is also bullish on oil and shares his insights on gold demand. https://lnkd.in/deVZx4RT Can you really afford not to be invested in commodities? Looking for diversification, an inflation hedge and performance? Including commodities to your asset allocation has never been easier. We provide easy access to direct commodities via a JSE-listed diversified, risk-managed AMC (CCMCGZ) #copper #oil #diversification #riskmanagement #assetallocation

In a recent Bloomberg interview, Jeff Currie, Chief Strategy Officer for Carlyle Group, shares his bullish perspective on copper, calling it "the new oil." Currie emphasizes the exceptional potential for copper, stating, "It’s the highest conviction trade I’ve ever seen. We’ve got decarbonization, green capex demand, AI data centre demand, and military demand. It takes 12 to sometimes 26 years to bring on more supply. You can’t come up with a better story." Currie also predicts that copper prices could soar to $15,000/tonne, highlighting the significant upside potential for this vital metal. Watch the full interview here: https://lnkd.in/deVZx4RT #CopperMarket #MiningIndustry #CanadianCopper #MarketOutlook #criticalmetals #strategicmetals #copperdemand #CCI #MiningInvestment #CanadianCopper #BaseMetals #AtlanticCanada #Copper #Zinc #NewBrunswick

Palpable Panic: https://ow.ly/JWgN50SWggi Michael Ballanger of GGM Advisory Inc. takes a look at the current state of the market, specifically copper and gold's outlook. #goldstocks #copperstocks

With the U.S. presidential election approaching, geopolitical uncertainty is rising, boosting demand for gold. The World Gold Council reports that gold remains a robust safe-haven asset during these volatile times. Recent political developments, including President Biden's withdrawal and Vice President Harris becoming the presumptive Democratic candidate, have intensified market dynamics. Regardless of which party wins, gold's value is driven by broader macroeconomic factors and geopolitical risks. At Acuity Advisory Corp., we recognize the enduring appeal of gold. Connect with us to discover leading junior exploration companies poised to benefit from gold's optimistic future. Source: https://lnkd.in/gY4RP5gg #GoldMarket #InvestorRelations #GeopoliticalRisk #AcuityAdvisory #JuniorExploration #SafeHaven #GoldInvesting

Gold Hits New Records, Eyes $3,000 Milestone: Gold has recently surged to an all-time high of $2,740.37/oz on Oct. 21, maintaining its upward trajectory through 2024. Amid growing geopolitical tension, a tight U.S. election race, and macroeconomic uncertainties, investors are turning to gold as a reliable safe haven. Analysts project it could reach $3,000/oz as investment demand continues to grow. As portfolio diversification becomes more critical in today's climate, many are leveraging gold’s momentum to hedge against global financial risks. Interested in understanding how to position your company or portfolio in these turbulent times? Connect with Acuity Advisory Corp. to explore how we can help you navigate the opportunities and challenges in the precious metals market. 📩 Let's chat: https://lnkd.in/gKbeSMtF #GoldUpdate #MarketTrends #InvestorRelations #PreciousMetals #AcuityAdvisory #Gold

Austral Gold Limited 's half-year report presents a mix of strategic opportunities and financial challenges, shaping investor sentiment and stock value. Read More https://lnkd.in/gh4x__hS #InvestmentImplications, #ProsAndCons, #StrategicPositioning, #FinancialAnalysis, #GoldMining

Via Bloomberg: 'Gold Jumps as Goldman Reasserts US$3,000 Target for 2025.' Yesterday, the gold price rebounded as much as 2% during intraday trading (surpassing $2,600 an ounce), after experiencing a decline in the wake of US election results. This % trajectory is the greatest day rate of growth since August, with Goldman Sachs reiterating its prediction for prices to reach $3,000 an ounce next year and encouraging investors to 'go for gold'; particularly with current selloff presenting an 'attractive entry point to buy'. Torque Metals is growing and proving up its highly prospective gold resource at the Paris Gold Project, situated adjacent to a slew of Tier 1 operators in Kalgoorlie's abundant Gold Fields Region. Our team is operating with a clear strategy and possesses the technical expertise to deliver, having consistently achieved results akin (or surpassing) major players in the gold exploration space. Get the latest from Torque's exploration activity in the field: https://lnkd.in/gCmmU8N6 Read more on Goldman's commentary: https://lnkd.in/gTTD6mKw #Gold #GoldNews #GoldPrice #CommodityNews #Au #GoldExploration #GoldCompany #GoldProject #GoldmanSachs #Investing #InvestmentNews

From lithium to gold, we delve into commodities’ current trends and dynamics, offering insights into the forces shaping markets. #Commodities Capital at Risk Read more: https://ow.ly/zxBt50SYtbm

From lithium to gold, we delve into commodities’ current trends and dynamics, offering insights into the forces shaping markets. #Commodities Capital at Risk Read more: https://ow.ly/PzRP50SYtsy