Join our mailing list to stay informed and up-to-date
Russia plans to buy up silver
According to a report from Russian news agency Interfax last week, Russia plans to significantly increase its holdings of gold, silver, platinum, palladium and gemstones. The report states that the nation plans to allocate 51.5 billion Rubles (AU$796.89m) in each of 2025, 2026 and 2027. While the report doesn’t state how much of the allocated Rubles will go to acquiring
Gold sales at 10-month high
The Perth Mint announced last week that its gold product sales in September were the highest in 10 months, while those of silver jumped to a seven-month high. This is potentially from the large escalations in the Middle East mentioned above, which are compounded with a clear path of increasing global liquidity, which we discuss in our latest macro and global liquidity analysis.
My SMSF audit has been ‘qualified’ – what does this mean?
All SMSF trustees must appoint an approved auditor to audit the operations of their fund each year. This annual audit must include both a financial audit and a compliance audit. The auditor is required to report their findings to the trustees in the form of an audit report. The audit report consists of two parts, Part A and Part B. Sometimes
Interesting voices – build your knowledge
We are often asked who to read/watch to keep up to date with what’s going on in the world of finance. Here are a few to get started with. James (aka Jim) Rickards — an American lawyer, investment banker, media commentator, and author on matters of finance and precious metals. He is the Editor of Strategic Intelligence a financial newsletter and the
SMSFs & Real Estate – part one
Can I buy an investment property in my self-managed super fund (SMSF)? How much super do I need to have in order to get started? Can I buy a commercial property with my SMSF and lease it back to my own business? Can I borrow money from the bank to buy property in my SMSF? Can my family members live in
Aussies on the BBQ – worthwhile watch
If you’ve had the growing sense that all is not well with Australia, its economy and future, this keynote address at the Australian Institute of Progress Brisbane on 23rd August 2024, will show you why. It is well worth the hour+ watch. Yes watch it here. It is full of useful visuals explaining the current and future (ill)health of the Australia.