In the Media

Redditors Set Their Eyes on Silver – But is the Shine Gone?

Money Magazine - 02 Feb. 21

Last week we saw a significant display of herd mentality, as masses of retail investors pushed up the price of the US stock, GameStop. This week retail investors turned their attention to silver, attempting to push this commodity to unprecedented highs says Dale Gillham from Wealth Within. Last weekend, there were many posts and videos on social media and chat platforms encouraging people to buy up big on silver and silver stocks, as they were alleging that silver was the next short squeeze for hedge funds. On Monday, silver rose due to demand, as retail traders rushed to grab a bargain like shoppers outside Myer during Boxing Day sales. However, silver quickly retreated to trade lower...

GameStop Shows You Should do Your Research and Get the Basics Right

Finfeed - 02 Feb. 21

Wealth Within’s Dale Gillham says, we all know the saying that history repeats itself, yet when some mass event occurs we tend to think this time it will be different, which is even more prevalent in those who are younger or far less experienced. I say this because for centuries, the cycles of fear and greed in the stock market cause bubbles, whether it is with individual stocks or markets and with every bubble there is the inevitable bust that leaves destruction and devastation in its wake...

Finders’s RBA Cash Rate Survey: Record Refinancing to Continue, House Prices to Jump

Finder.com.au - 01 Feb. 21

Here's what our experts had to say - Dale Gillham, Wealth Within: "There is still a lot of uncertainty around COVID-19, stimulus packages and measures, travel and so many other areas likely to affect business confidence and growth. As such, individuals are preferring to save money rather than spend, which only makes any recovery slower than it need be."...

Shorting Stocks: How Does Short Selling a Stock Work?

Canstar - 01 Feb. 21

You may have heard a lot of confusing terms like ‘short selling a stock’ and ‘short squeeze’ floating about in the news following the share price surge in a video game business called GameStop. Here to hopefully clear things up a bit is Wealth Within’s Chief Analyst Dale Gillham. What is shorting a stock?
Basically, you’re borrowing the shares of a company you expect to fall in value. The idea is to sell the borrowed shares straight away, then buy them back later at a cheaper price after the value has fallen, before returning them to whoever you borrowed them from (usually a stockbroker). "It’s like selling a house you don’t own to buy it back later,” Mr Gillham told Canstar...

The Best and Worst Performing Sectors on the ASX this Week

Money Magazine - 29 Jan. 21

We all know the saying that history repeats itself - says Wealth Within’s Dale Gillham, yet when some mass event occurs we tend to think this time it will be different, which is even more prevalent in those who are younger or far less experienced. I say this because for centuries, the cycles of fear and greed in the stock market cause bubbles whether it is with individual stocks or markets and with every bubble there is the inevitable bust that leaves destruction and devastation in its wake...