The somewhat recent discovery made by Novo of a 30-35m thick section of conglomerates beneath the Mount Roe Basalt at Comet Well, including a new circa 15m thick lower conglomerate sequence that contained “buckshot” and weathered pyrite made me think about De Grey’s discovery north-east...
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February 23, 2018 admin
Novo Resources
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I took the weekend to digest the latest information regarding Novo and trying to work out how I believed the latest pieces of the puzzle affected the investment case. When going through the material multiple times I thought it might be worth it to make...
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February 20, 2018 admin
Novo Resources
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The US dollar still rules the day, which opens up for a correction in gold if we get that bounce in the dollar. Negative correlation to VIX is still somewhat high. Overall, most of the correlations that have at some points been pretty strong...
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February 20, 2018 admin
Chart of the Day, Gold
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I will probably make a post about the latest NR and the videos this weekend, so keep an eye out.
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February 15, 2018 admin
Horseman's Portfolio
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Dollar has ruled the day for quite some time. GDX has had a stronger correlation with Exxon Mobil (substitute for oil expectations) and VWO (Emerging markets) than TIP (real yields) and GVI (bonds). VIX correlation turned to below -0.25 before the VIX spike… Maybe...
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February 7, 2018 admin
Chart of the Day
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Current gold price versus the 2001-2003 gold bull (scary similar): Gold/Silver Ratio and silver:
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February 5, 2018 admin
Chart of the Day
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