OK, here's the coal news..., Trump signs orders to allow coal-fired power plants to remain open Move aimed at addressing rise in power demand for datacenters, AI and EVs, but environmentalists call it a step back Oliver Milman Wed 9 Apr 2025 07.01 AEST https://www.theguardian.com/us-news/2025/apr/08/trump-executiver-order-coal-power-plants Donald Trump signed four executive orders on Tuesday aimed at reviving coal, the dirtiest fossil fuel that has long been in decline, and which substantially contributes to planet-heating greenhouse gas emissions and pollution. Environmentalists expressed dismay at the news, saying that Trump was stuck in the past and wanted to make utility customers “pay more for yesterday’s energy”. The US president is using emergency authority to allow some older coal-fired power plants scheduled for retirement to keep producing electricity. The move, announced at a White House event on Tuesday afternoon, was described by White House officials as being in response to increased US power demand from growth in datacenters, artificial intelligence and electric cars. Trump, standing in front of a group of miners in hard hats, said he would sign an executive order “that slashes unnecessary regulations that targeted the beautiful, clean coal”...... Continues
Right now gold is king of the castle. We know gold price movement does not always equal gold stocks movement but if you look at the below charts.... Gold price black in AUD versus XGD.AX Gold sector blue. 3 Year chart. Gold price in AUD (black) versus XJO.AX top 200 sector blue
Above chart is gold price AUD versus bitcoin in AUD (blue) Bitcoin a better bet if you can swing trade.
I added to my long term trade in Long Silver Thursday. Am hoping for pullback in Copper to add to shorts. Got short/hedged in Cattle.. Added last week to shorts in Cocoa.
Coal, is not inspiring me yet, could be a bottom..... Weekly chart. There used to once be a coal ETF - KOL, but it's gone now.