Since our last update, on June 5th, we kept our NCM position without selling calls, as we expected gold prices to go higher. Our expectations were confirmed and the metal price rose nearly 10% in less than a month in USD. NCM shares have risen by 28% since we bought them on May 09th. We […]
Monthly Archives: July 2016
First semester 2016
The first semester of 2016 was remarkably turbulent and we expect the volatility to stay high and possibly even increase by year’s end. The markets are ignoring the existing risks, simply because they are counting on price manipulation by the Central Banks (CB). Unfortunately, by holding stock prices up, the bureaucrat professors in charge of […]