The gold price might be troublesome to predict, but at least the relationship between this and the share price of gold miners such as Barrick are proving to be more reliable. Back in July when I initiated coverage, I suggested markets were applying what seemed to be a ridiculously simple valuation methodology. Forget IRR with […]
Continue reading
Thank heavens for Brexit. For a moment there, it was looking as though Yellen had painted herself into a corner and might actually have had to raise rates. Now with Brexit, we clearly need MOAR monetary stimulus from central banks, notwithstanding the real problems being kept at bay relate more to the rotten state of […]
Continue reading