MarketCap

Gold vs Fiat vs Crypto

Mark Hansen — Fri, 23 Feb 2018 21:57:39 +0000

Many believe John Maynard Keynes considered gold to be “a barbarous relic”. In actual fact he was referring to the fixed exchange rate between the British pound and gold. During WWI the combatants abandoned the gold standard to allow inflation to pay for the war. Once the war was over…

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Worth Watching: Great Boulder Resources Limited (ASX: GBR)

Mark Hansen — Thu, 08 Feb 2018 00:58:00 +0000

Great Boulder Resources Limited (ASX:GBR) has made a potentially extraordinary discovery of copper-nickel-cobalt mineralisation at Mt Venn, in Western Australia. Extraordinary, because Mt Venn has a remarkable past. In 1970 the share price of the then-owner, Tasminex NL, rocketed from $3.00 to $96.00. This uplift was based upon a report…

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Equities vs Commodities

Mark Hansen — Mon, 05 Feb 2018 00:34:09 +0000

Jeffrey Gundlach, CEO of DoubleLine said in early January that a bear market would commence when the long term trendline for US 30-year Treasuries is broken, and the yield rose above 2.99%. The rate was 3.08% last Friday, the day the DOW fell 2.5%. But Gundlach, in a webcast titled “Commodities:…

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Australia – Expensive, Highly Taxed and Over Governed

Mark Hansen — Wed, 24 Jan 2018 21:53:42 +0000

In Australia a schooner of beer (about 375ml) can cost anything up to $10 (USD8 at the time of writing), depending upon the location of the bar. Taxes, both direct and indirect, make Australian alcohol among the most expensive in the world. In the case of buying a beer at…

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Mining and Energy Consumption

Mark Hansen — Thu, 11 Jan 2018 06:55:56 +0000

Increasing the share of electricity produced by wind and solar, and the trend to electric cars, will put considerable pressure on the mining industry. Already, according to the International Energy Agency, mining alone accounts for around 10% of the world’s energy consumption. This does not include energy consumed in processing…

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Five Most Popular Posts of 2017

Mark Hansen — Sat, 23 Dec 2017 05:41:47 +0000

Links below to the five popular posts of 2017. Other popular posts were two others on conglomerate gold in the Pilbara, lithium statistics and famous geology quotes. The most popular companies, in order, were: Australian Vanadium Limited (ASX: AVL), Mod Resources Limited (ASX: MOD), Silver Mines Limited (ASX: SVL)…

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The Fragile Australian Economy

Mark Hansen — Wed, 13 Dec 2017 01:59:03 +0000

Australia’s last recession was in 1991. The Australian government believes that the long run of growth shows they are doing a great economic job and the country is in good shape. But looking a little deeper tells a somewhat different story. The state of the Australian economy is directly related to the…

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The Gold Silver Ratio

Mark Hansen — Fri, 08 Dec 2017 05:01:23 +0000

For hundreds of years the gold silver ratio was around 15, that is, 15oz of silver buys 1oz of gold. This stability was important because both metals were used as currency (read the history of silver as a currency here and here). In fact, during the 19th century the ratio…

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Conglomerate Gold in the Pilbara – Part III

Mark Hansen — Mon, 27 Nov 2017 00:50:26 +0000

On Friday, Novo Resources Corp (TSXV: NVO) released a rather disappointing report on recent results from work on their Pilbara conglomerate gold project. The stock closed down 18% on the day and is now about 38% off its high. Read more about the Pilbara gold rush here and here. In…

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Worth Watching: Golden Mile Resources Limited (ASX: G88)

Mark Hansen — Tue, 21 Nov 2017 01:32:17 +0000

G88 has had a spectacular run during November, from $0.145 on the 2nd, to close at $0.93 yesterday. The company has 51.8M shares on issue, and thus a market cap of $48M. At 30 September 2017 it had cash of $3.8M. The spectacular share price performance was a result of some excellent…

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