Australian banks Australian Shares Commodities Gold Iron ore price

Big Sleazy tries to rally

David Llewellyn-Smith

Tuesday 5 September 2017

Dalian still down:

Big Iron flat a with BHP pushing hard at break out:

Big Gas is weak, except Santos which is re-rating as the government sticks its head in its energy arse:

Big Gold is on fire. I’m still a seller into strength on the basis that the DPRK will fade and USD is done falling:

Big Bubble is flat:

And the Big Sleazy is trying to bottom with two days of long tails:

Big Liar is boring:

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.