Welcome to my Q3 newsletter of 2024.

I've just returned from 5 weeks touring South East Asia researching places for Aussies to live and invest. More to come on that shortly.

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LAST CHANCE! Please register for my special gift of the month;
With 11 Bitc0in ETF’s approved already, and the ‘halving event’ lull playing out as previously, this could well be your last chance to invest in crypto this cycle.
PLUS: With an Ethereum ETF approval decision imminent… Don’t miss this.
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Another financial year in Australia almost done…
and we still have an unusual situation.

Residential property,
Stocks,
Gold and
Bitc0in;

are all simultaneously at, or near, their all-time highs!

Now that’s unusual, and as I’ve said before, something has got to give.

Consider Gold is usually seen as the ‘fear’ trade.
When everything else is looking like collapsing, people run to Gold.

In China right now, with their property markets collapsing, they are flocking to gold like at our boxing-day sales.

Remember, the Chinese people are pretty savvy around money.

They’ve known for thousands of years, gold is money and wealth protection.

Certainly the world’s central banks are massive buyers of Gold and the main force driving prices higher. This is fueled by international regulatory framework forcing banks to become ‘Basel III compliant’ and Gold being reclassified as a Tier 1 asset.

The west is slowly catching on.

In the U.S, Costco has started selling gold and it always sells out in days once new stock arrives!
And no doubt, a lot of people perceive Bitc0in as the new gold, but only time will tell.

I’ve included an insightful video below, “Great Depression Coming & Bitc0in Going to $0 or $1 Million?’ between Peter Schiff and Raoul Paul.

It’s long and well worth a listen.

I also recommend you follow Raoul Paul and spend a weekend watching his interviews.

On the property front here in Australia, there’s 3 increasing trends playing out.

1.    Continued growth driven by supply and demand – Recent Corelogic data highlights the continued growth in residential property prices fueled by a significant lack of supply plus ongoing strong demand. The demand is from record immigration, (plus I think people worried about money sitting idle in the bank). And this is despite a huge uptick in mortgage stress due to high variable interest rates. Data forecasts a significant and ongoing deficit in housing beyond 2030.

2.    Cash Buyers – According to research from property settlements platform PEXA, certain suburbs have seen a dramatic increase in ‘all cash purchases’. More than one in four purchasers last year settled without a mortgage. Much of this is driven by down-sizers who have sold larger homes, and investors with excess funds. When crafting offers to purchase and you are looking for flexible terms, it may be better to avoid suburbs with high ‘all cash purchases’ trends.

3.    ‘Yes In My Back Yard’ - Gaining momentum is the ‘YIMBY’ movement. In response to the ongoing housing ‘crisis’, more and more people are seeing the necessity for medium and high-density housing to alleviate the housing shortage. This requires the repurposing or rezoning of land close to established city centres to ensure affordability and accessibility. We’re not just talking about adding a granny flat here and may present opportunities for developers or existing home owners in established areas. Or it could just be another WEF acronym to help push ‘smart cities’.

Residential property is great in that it can provide income, capital growth and depreciation as an investment. But remember that property prices are set at the margins, by those who wish to or have to sell. And if there are big problems in the financial markets or with the banks, this can dramatically affect housing prices very quickly.

I believe it’s very important to have your money in physical assets and spread across a range of assets you understand and know will stand the tests of time, inflation, and even financial collapse.

Always remember, U.S. Debt is rising by $1 Trillion every 100 days, and will never be repaid. The world will eventually catch on to this and stop buying U.S. debt.

So, this Wylie Coyote ‘running off the cliff’ moment can only stay airborne for a short while longer.

To Your Success

Stay Alive till ’25!