Member Info for booboouberbear

Hard to know what happens from here, anything could transpire.

PCE Prices Index (the one the US Federal Reserve uses) surged 5% in Oct’21, the highest since that measure began in 1991, that is the gerrymandered inflation index of course to make things look better than they are and even that one is glowing red hot.

Market reaction? Long term US Debt yields tank, the Greenback Index (DXY) surges to multi year highs and PMs take a hit, sooner or later gravity reasserts itself and who only knows what that looks like!

The market isn’t taking anything in at the moment, blockbuster US Inflation was met with a surging dollar and investors running to US Debt and tanked the yields! It doesn’t make any sense. Same goes for the Powell and Brainard Chair and Vice Chair announcements, they are the most dovish pairing in the history of the US Federal Reserve, how does the market react? Buy the dollar! Nothing out there makes the blindest bit of sense at the moment from a fundamental standpoint. The only thing I can ascertain is when a trade gets popular, everyone piles in on the back of it and that makes the trend, US Dollar, US Debt, ****coin, you names it, it’s all just momentum trading BS.

Another solid update to add to the positive news at Singida and WK. Collect your shares for a 2023 return.

Economically, it’s interesting to watch covid induced lockdowns unfold, as it is really a form of de-globalisation in a different guise, we’ve known since Adam Smith’s days that international trading makes us wealthier, increases productivity and pushes down costs, the reverse is now unfolding, and sooner or later it gets nasty a consumer encounters hyperinflation they can’t possibly afford and we realise our economies no longer work. Same goes for green energy and china.

Austria in lockdown and more to follow you’d think, ECB will need to deploy the printing presses yet again.

Gold was doing well until the US Retail Sales numbers came in above market expectations. The market won’t pay attention, but to the inflation bugs out there, it’s an interesting number, it raised 1.7% on the month, but approx. 70% of that was due to raw inflation, which tells you a lot.

Isn’t notifiable holdings at 5% for non-UK completions (this was in Dublin), I though it was 3% in UK and 5% out with? Explains who was dumping this last week.

Correct, US is in the throws of going bust, everything is being inflated to oblivion, we now have a 6.2% benchmark RPI number and the Chairman of the US Federak Reserve is going around telling everyone that there will be no interest rate rises until 2023 and the tapering (maybe) will go on until the middle of next year, there is 10% inflation coming to a United States near you soon and with it a calamitous drop in value of the USD$ that will make Arthur F Burns tenure at the US Federal Reserve look pale in significance.

Just posted an enormous beat on the headline and core numbers.

AUX standing pat so far today, will be interesting to see where the price goes with the US Inflation data out this Wednesday.

The US10 and 30 Year is now in a 4% negative yield territory, if AUX reverts to the long term trend in following real yields, then we could be in for a quick run north to $2K+, of course history tells us it won’t be that easy.

Interesting article on Central Banks, Debts, Interest Rates and Gold by academic Thorsten Polleit here:

https://www.outlookindia.com/website/story/business-news-downward-manipulation-in-rates-fuels-bubbles-in-asset-markets-says-thorsten-polleit/399433

Agree, collect and be patient. Company and Macro situation looks great here.

More solid news here, building towards a very health 2023 onwards. NLGM and WK exploration updates should be with us shortly.

The hope is WK is much, much bigger than we think with the step out drilling confirming this, then its likely a farm-in, again, didn't do Greatland any harm.

A complete stinker. Real US GDP and Yields now massively negative stripping out inflation, inflation safe havens like Gold going nowhere fast and equity indices going to new heights every day, the new upside down normal it would seem, at least for now anyway.

When you see Friday's AUX price action, you wouldn't disagree with that take. Some wild swings now taking place.

Genuinely hard question to answer that, will depend on the PoG, will they up / maintain their Divi, what will they keep finding at WK, will NL and Singida have significant upside to their current resources, tough to answer and I will be wrong no matter what I put out there, but I think 25-30p is doable on a sustainable two mine production business at 110k ounces per year.

WK will become a bigger and bigger part of our MCAP as they get towards the DFS in 2023, and if it is in the 10 g/t resource club at that time as I think it could be it will be worth a shed load of cash.

Great business, and it’s time to collect shares at lower prices if you can be patient.

A steady as you go update, building towards Q1 next year and a return to full production. Everything for me is gearing towards 2023 with both NL and Singida in production and WK much further along the development curve to gain the value from this share.

17/18K Oz would be a real result, but as long as the progress is there to take us back to the full 80K Oz annual production we can overlook the smaller details.

Ops update next week also, looks good for a move.

Top research.