The price of gold passed a record USD $2,055 an ounce overnight, and it looks to rise further over the next six months. Australia’s gold sector is again the strongest performer on the local market, up 1.
5 per cent in early trade.
Some cryptocurrencies will 10x that.
GOLD CLASS LIES Yet another example of how the myth of those great economic managers is complete BS
If ONLY the GardenGnome and his cronies hadn't SOLD everything that wasn't bolted down.. 2billion vs 12Billion better money managers my arse..
Thank God for his natural currency
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Australia pledges $2 million in aid after deadly Beirut explosion | Sky News AustraliaAustralia has pledged two million dollars in humanitarian aid to be distributed equally by the Word Food Program and the Red Cross following a deadly explosion in Beirut.\n\nOfficials say the explosion was caused by nearly 3,000 tonnes of ammonium nitrate which was left unsecured in a warehouse at the cities port.\n\nRescue teams continue to search mountains of rubble in the Lebanese capital, hoping to find more survivors after the blast killed at least 100 people, including an Australian, and injured 4,000 more.\n\nEmergency crews remain at the scene treating the injured as local hospitals are reportedly turning away casualties as they reach full capacity. \n\nMore people are believed to be trapped inside their homes after shockwaves smashed windows and damaged structures.\n\nApproximately 300,000 people have been left homeless and the damage range is expected to cost close to seven billion dollars.\n\nImage: AP Red Cross?. Then none of it will find it's way to Lebanon. Big salary increases for Red Cross executives as usual.! How much will Red Cross keep in administration fees. Biggest thieves in Australia So about $1.95 million will be held for management fees and the rest to some obscure entity also run by Red Cross. Remember the bush fire appeal ?
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Vic lockdown will 'drive up' food prices across Australia | Sky News AustraliaInvestSMART’s Evan Lucas says “it’s simple economics” that food prices will rise due to the strict stage four lockdowns in Victoria.\n\n“In terms of the fact that we won’t have the same amount of supply on the supermarket shelves, it will therefore drive up prices,” Mr Lucas told Sky News.\n\nStage four lock downs on businesses and manufacturing came into effect today, resulting in depleted workforces for many industries, including food processing.\n\nMeat, and lamb in particular, is expected to be an issue under the strict lockdowns as almost 40 per cent of it is processed in Victoria. \n\n“The supply of meat will come, but it will clearly slow up and therefore drive prices higher because demand will be just as it was with less supply,' he said. You mean greed any food shortage or price hikes will be done deliberately by the 2 big supermarkets.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Victorians are paying a high price for a ‘shocking litany of errors’ | Sky News AustraliaSky News host Chris Kenny says Victorians are paying a high price for a “shocking litany of errors” by the Andrews government as Victoria records its highest single day COVID-19 tally.\n\nPremier Daniel Andrews confirmed 15 new fatalities – 12 of which were linked to the troubled aged care sector - which brought the state’s death toll to 162, since the beginning of the pandemic.\n\nThe Premier also confirmed another 745 cases of coronavirus had been recorded in the past 24 hours.\n\nMr Kenny said Victoria should be like the rest of the country; living with some COVID-19 restrictions and chasing down outbreaks.\n\n“The reason it isn't is because of a series of failings, its why the Andrews government is in the frame.”\n\nImage: Getty DanielAndrewsMP Can someone tell Chris to stop smoking those funny cigarettes b4 he goes to air each night. DanielAndrewsMP Says Propaganda Mouthpiece of LNP, Newscorp. newscorpvirus auspol DanielAndrewsMP No. It’s a shocking litany of errors by the citizenry. Blatant disregard of the Andrews govt advice and guidance due to constant pushback perpetuated by MSM
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Australia is susceptible to trade retaliation from China as it is 'hugely dependent' | Sky News AustraliaThe Australian’s Foreign Editor Greg Sheridan says the federal government is in an increasingly difficult position as China continues to infringe on and hurt Australia’s national interests.\n\nIt comes as Prime Minister Scott Morrison made a statement to the Aspen Security Forum where he said Australia “welcomed China’s rise as a major economic partner”.\n\n“But with the economic rise does come economic and broader strategic responsibility,” the prime minister said.\n\nMr Sheridan told Sky News host Peta Credlin there needs to be a more concerted effort on behalf of the prime minister and the relevant cabinet ministers to explain to Australians what it is doing with regard to China and why.\n\n“The government is in a very difficult position because China keeps doing things which infringe on and hurt Australia’s national interests,” he said.\n\n“We are hugely dependent on China in our trade, and are always susceptible to trade retaliation by China”.\n\nImage: AP But it's OK to take their money and then shaft them But it's OK to have a former CCP propaganda team member in parliament? the Australian government is doing more to hurt our national interests than China is... with hundreds of billions in unpaid corporate taxes, a repealed carbon initiative, subsidies for the fossil fuel industry, the banks decoupling from the Fed, and privatization services...
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Australia pledges $2 million in aid after deadly Beirut explosion | Sky News AustraliaAustralia has pledged two million dollars in humanitarian aid to be distributed equally by the Word Food Program and the Red Cross following a deadly explosion in Beirut.\n\nOfficials say the explosion was caused by nearly 3,000 tonnes of ammonium nitrate which was left unsecured in a warehouse at the cities port.\n\nRescue teams continue to search mountains of rubble in the Lebanese capital, hoping to find more survivors after the blast killed at least 100 people, including an Australian, and injured 4,000 more.\n\nEmergency crews remain at the scene treating the injured as local hospitals are reportedly turning away casualties as they reach full capacity. \n\nMore people are believed to be trapped inside their homes after shockwaves smashed windows and damaged structures.\n\nApproximately 300,000 people have been left homeless and the damage range is expected to cost close to seven billion dollars.\n\nImage: AP Red Cross?. Then none of it will find it's way to Lebanon. Big salary increases for Red Cross executives as usual.! How much will Red Cross keep in administration fees. Biggest thieves in Australia So about $1.95 million will be held for management fees and the rest to some obscure entity also run by Red Cross. Remember the bush fire appeal ?
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Virgin Australia CEO calls for continued govt support | Sky News AustraliaVirgin Australia CEO Paul Scurrah says the airline needs an extension of the JobKeeper wage subsidy due to the volatility of the industry and the uncertainty around borders. \n\n“The prediction that this will go for a little longer will mean that we will need continued government support for the whole sector,” Mr Scurrah told Sky News.\n\n“We will continue to lobby for that, and I think it’s necessary.”\n\nThe airline yesterday axed 3,000 jobs and discontinued the Tigerair brand, after the company released its plan for the new and improved version of the airline.\n\nMr Scurrah also could not definitively say whether more jobs would be lost.\n\n“No CEO of any airline in the world right now can guarantee anything like that,” he said.\n\n“We are still in the middle of a pandemic and the industry is going through the biggest crisis it has ever seen before.\n\n“No one can give a guarantee like that.”\n Just Bail everyone out ScottMorrisonMP Of course they do after firing 3000 odd staff and prob collecting $$ from the Qld Gov.. So much for Palachuk and her promises. She wanted Virgin headquarters to stay in Brisbane to support jobs! Out the window - don't care - you're on your own. Elections looming 20 Oct.
Source: SkyNewsAust - 🏆 7. / 78 Read more »