NST 1.62% $17.61 northern star resources ltd

@Hyperion Silver  Feels like the gold trade is starting to come...

  1. 1,707 Posts.
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    @Hyperion Silver  


    Feels like the gold trade is starting to come into fruition. 


    Great time to be holding Australian Gold miners such as NST....Australian AUD falling due to weak house prices (i'll add inappropriate lending by banks which has lead to record levels of household debt which is over 200%) and slowing Chinese Manufacturing and bond defaults. Coupled with US tech shares FAANGS looking shaky. I also like SAR, EVN, SBM, RRL and NCM.


    Will be interesting when Bill Shorten becomes prime minister with planned changes with negative gearing and franking credits, undoing Paul Keating's legacy (Labour's best Prime Minister). To be honest this era of no recession of 25 years approx is closing to a end. Shorten's fiscal policies which potentially push investors/home owners under water where the loans (interest loans/principal interest) worth more than investments.


    Good article on Australian Property 

    https://www.bloomberg.com/news/articles/2019-01-01/sydney-housing-slump-to-deepen-as-prices-drop-most-since-1980s

     Good article on Australian currency

    https://www.marketwatch.com/story/australian-dollar-tops-worst-g-10-performers-amid-2018-trade-worries-2018-12-28

    Good article on China/Apple

    https://www.smh.com.au/business/markets/china-s-economic-slowdown-accelerates-and-sinks-our-dollar-20190103-p50pd2.html


    Exceptional article by New York times on China liquidity and property market....

    https://www.nytimes.com/2018/12/30/business/china-economy-property.html



    Bill Beameant expects NST to possibly go 50%+++ from $9 close...so approx $13-14 this year... could hit $20++ if gold pushes over $1,400 and AUD deteriorates further.


    https://thewest.com.au/business/mining/the-wa-mine-bosses-all-set-to-dig-deep-in-2019-ng-b881062540z


    Gold prices on the verge of going over $1,300....I feel that its almost one Donald Trump tweet away from $1,400.



    This isn't NST/Gold but Copper long does look very good, notice BHP and RIO scrambling for copper deposits. Will be very important with electric vehicles (EVs) for the wiring and engines.


     Listen at the 21.51 mark.






 
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