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I trust everyone here on ASF had a good and profitable week investing and trading. Although for those of us who dabble in the NASDAQ and on the NYSE, FTSE and other markets the week has not yet ended. What an interesting one it was. Ole Joe Pigeonbrain still holds on to his perch by a long ageing toe-nail and rumours of his demise have been put to bed for another week unless you watch TV or read newspapers or go on the internet. I don't believe any news or event concerning Joe nor the Bronze Incontinent Lunatic will make any difference to the markets save for a brief up or down depending on what idiot cousin is in charge of the funds and brokerages should it happen out of hours. One wonders was it always thus, Reagan was full of tangles towards the end but as an actor he was able to hide it. Joe ... well Joe is a sad case. The Democrat Gang will not forgive him should they lose their grip on power. There isn't really a Republican Gang, just ole Trump, bluffing his way through with the godbothering Evangelicals and Deplorables.

Just watching comments on ASF over the past week it would appear that those who did nothing this year would be well ahead of active traders. [USER=66457]@Dona Ferentes[/USER] informs me that CBA is now $131, who wouldataut? I can remember picking it up for $90 not too long ago but selling too early. And then there is that awful conundrum, should I get back in again. Decisions, decisions, decisions. It is certainly true that this little muppet is unable to predict markets with any degree of reliability. Then, I remember my mistakes more than my wins, and am risk averse by nature. Although contrarily I enjoy big bets more than little ones. You only go about this world once, or twice if your pick of the godbothering boats is the correct one, so you may as well enjoy yourself.

BHP has been decisive and dumped nickel. It is too bad for Kalgoorlie and the other hamlets who depend on mining that are affected. It is good for BHP shareholders. There needs to be more decisiveness in actions by our large companies. This ESG nonsense has gone on for too long. ASIC which every man and his dog knew to be a total waste of space is now laid bare to be the equivalent of budgie smugglers after a prostate operation, advertised to be useful but really leaving a smelly puddle. ASIC ignored the reality of criminal actions in our investing world locally.

I cannot think of anything that Albanese has done this week to increase the wealth of Australia. He appears to be caught in the headlights fine-tuning actions to attempt winning the next election. Dutton's nuclear idea has merit particularly if a mini-reactor were to be built in Toorak or Rose Bay where Australians would not be affected were there to be an accident. I suppose we get the politicians we deserve. At least Australia comes out on top as a country where a significant majority of children can expect to earn more than their parents. Let us hope that the cousins from the two Middle East tribes who call Australia home do not attempt to turn the country in to another UK or Europe, countries where every bastard has another country or state whose allegiance trumps their domicile. Religion ... bugger it. Tribalism ... bugger it. Then in my own way I've probably been guilty of similar.

I sincerely believe Gold is ready for a BIG break up. It appears comfortable at nudging $USD2400. Here's a thought. Sometimes numbers deceive. When Gold was $1000 an oz. a 5% gain took it to $1050. At $2400 that same 5% gain will take it to  $2520. Just sayin'. Then you must remember your are reading the rant of someone who can never predict the markets with any degree of accuracy.

Anyways Gold and BHP would be my picks for next week, and CBA for [USER=66457]@Dona Ferentes[/USER] . NVDA had a shocking session last night our time and I'll be picking up some more if it drops to $118.

Stay safe, happy and well my fellow ASF members.

gg