| To: Pianoman1997 who wrote (291563) | 10/22/2021 10:58:07 AM | | From: Valuepro | | | | "I am no economist so pls take my opinion for a grain salt but this is how I see things."
Hey, no worries. I've studied enough economics to at least be aware of the fact that it is not a science, and sometimes more a philosophy than an art. I am aware too the most heated arguments in academia are often in economics.
I also believe that the Fed and almost all other central bankers are professional liars, so I have to take their statements and actions with the same proverbial "grain of salt."
|
| | Ride the Tiger with CD | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| From: Valuepro | 10/22/2021 11:07:33 AM | | | | | | More to Novo -
Novo has amassed a tenement package in the Pilbara that combines for a whopping 13,250 square kilometres. More than 20 drill targets within trucking distance of Golden Eagle have been identified at the tenure.
The company recently approved an expanded exploration budget that will see a serious 25,000m of drilling test high-priority and near-mine gold targets by year’s end. The drill program is looking to unearth more ore for the Golden Eagle mill.
Interestingly, Novo is utilising an exciting new way to assay its drill samples where a purpose built “Chrysos PhotonAssay” machine from Intertek is used to deliver assay results within just days rather than weeks.
The new system essentially “radiates” the sample to produce a grade and is considerably less time consuming than the cumbersome fire assay type system.
thewest.com.au
The above excludes mention of other holdings elsewhere in Australia and part of a new company that is pioneering 3-D printing of high-tech specially metals products, mostly for the aerospace industry. They also own 10+ percent of New Found Gold. |
| | Ride the Tiger with CD | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: Valuepro who wrote (291580) | 10/22/2021 3:30:01 PM | | From: Pianoman1997 | | | | Go from 120B per month QE and reduce this to zero by June 2022? Unreal plan. I say that when I look at the QE curve over the last 15 years.
Powell is messing with the market to gain sufficient traction on USD. That reminds me of the ''Transitory inflation'' comment. He knew very well that it wasn't transitory.
He's got a job to do and I would not like to be in his shoes. |
| | Ride the Tiger with CD | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| |
