Far East Capital Newsletter
Cobalt Blue is the go-to cobalt company in Australia
16 Jan 2021

In This Issue


Cobalt Blue is the go-to cobalt company in Australia

The first week of 2021 had almost everything looking good. Since then the enthusiasm has moderated though certain issues continue to be strong and overall sentiment has been improving.

Gold has failed to maintain the short uptrend that started late in November. It now looks like it was just a rally within the downtrend that has been in operation since early August. The failure of gold to rise on the news of the latest stimulus package in the US is not a good sign. There is no need to be piling back into gold right now, meaning that the focus will continue to be elsewhere with copper, battery stocks, rare earths and uranium being in the strongest uptrends. 

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