trading
Monday 10 July 2023
Wednesday 21 June 2023
Platinum.
The silverish-white metal is often used in “catalytic converters” that reduce harmful emissions from fossil fuel vehicles.
The global platinum market is expected to rack up its largest deficit since the 1970s as the world’s largest producer, South Africa, battles with power outages.
South Africa accounts for 70% of global platinum output, and its annual production amounted to about 140 metric tons amid shortages in 2022.
According to The World Platinum Investment Council (WPIC), global platinum demand should surge 28% this year to 8.2 million ounces as more automakers replace expensive paladium with platinum in car catalytic converters.
Metals Focus added, "With power outages in South Africa limiting supply, the global deficit could increase to 953,000 ounces from 53,000 ounces in 2024.”
Tuesday 13 June 2023
Saturday 13 May 2023
Tuesday 9 May 2023
"Palantir Technologies CEO Alex Karp announced that they anticipate turning a profit every quarter in 2023, fueled by the overwhelming interest in its new artificial intelligence platform. The result? Palantir stock (PLTR) soared over 20% in extended trading. |
The Palantir Artificial Intelligence Platform (AIP) integrates AI into military decision-making, allowing military operators to utilize AI in their operations. The company is known for its contracts with the U.S. Central Intelligence Agency. |
Karp commented, “The demand I've seen for our AIP platform is like NOTHING I've seen in the past 20 years." The rise of ChatGPT and LLMs has, without a doubt, been good for Palantir’s business." |
Friday 5 May 2023
Tuesday 11 April 2023
Monday 10 April 2023
Wednesday 22 March 2023
"Silver"
Tuesday 14 March 2023
"Where is the money?"
The US military-industrial complex is making massive gains as a result of the war in Ukraine and other global conflicts, with weapons manufacturers enjoying soaring profits.
Data released by the State Department shows that US weapons sales to other countries rose from $103.4 billion in 2021 to $153.7 billion in 2022.
Monday 13 March 2023
Thursday 9 March 2023
Monday 6 March 2023
Uprise, by asking yourself "Why?"
Someone once described it this way: Sometimes you can be too focused on climbing the tree, and not focused enough on whether you're climbing the right tree in the first place!
It's funny how many books and courses and videos there are to help you become a better investor, but very few of them help you figure out the "why". And that's arguably the most important question of all.I hope you can spend some time this week thinking about the why. We can do all sorts of things to help improve your decision making, help manage your portfolio risk, help minimize the impact of behavioral biases, help improve your investment returns.
But first, you need to think about the Why.