Tag: SBM.AX
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The IMF suddenly got very gloomy: what does that mean for the price of gold?
Today, The International Monetary Fund (IMF) released a statement predicting that the global economy will take a $12 trillion hit from the Covid-19 pandemic. $12 trillion is 60% the size of the U.S. economy – or $1,500 for every man, woman and child on the planet. The 189-country organisation says it will take a minimum…
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Nova Gold (NG.T) Chairman invokes The Clockwork Orange in folksy clap-back to short-seller report
the answer to a metals-analyst “when-question” should never include allusions to wine, chickens or pornography (a date would be more instructive).
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2 million new investors are buying stocks on their cellphones
Stuck at home, but armed with online trading apps, individual investors helped drive the historic comeback for stocks
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Guru’s shortlist of producing and advanced stage ExploreCos (those with endgame potential)
“Ball of confusion, that’s what the world is today”. Back in January of this year, we presented a solid case for approaching the broader markets with extreme caution in a piece titled, A “skies the limit” stock market = a house of cards? An excerpt: “Equities appear invincible. Indestructible. It would seem nothing—not a damn…
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Deflation is here! Is that a bad thing?
Today, the U.S. Labor Department reported a general decline in underlying prices during April, 2020 – causing financial pundits to freak out about the possibility of further deflation. Deflation – at first glance – appears to be a good thing. Stuff gets cheaper – great! However, deflation spooks stock markets because it is a sign…
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Senior Royalty and Streaming companies screaming higher – Metalla (MTA.V) and soon to debut Nomad (GV.V)
Streaming and royalty companies are a fascinating lot. While gold and the Senior Producers have put on quite a show over the past few months, the royalty and streaming Co’s—those higher up on the food chain in particular—have been screaming higher as if the metal had just launched a successful assault on all time highs.…
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A case for gold – Metalla Royalty & Streaming (MTA.V) inks new acquisition
After an emergency 50 BPS rate cut, and U.S. 10-year money hovering on both sides of 1% for the first time since forever, gold is taking on a whole new luster. Smart money types are calling it a no-brainer. Even if you’ve frowned on the metal in the past à la the “gold is a…