Summary Deficit to outlay ratio tops 60%, above the hyperinflationary threshold of 40%. Q2 2020 GDP shrank 31.7%, but will improve in Q3 2020. Delinquencies are on the rise on record high corporate debt. U.S. dollar will lose value due to ultra-low interest rates and QE. Gold is the only […]

In my view, there’s still a good case for including gold and gold stocks in a portfolio, despite their recent period of outperformance. In other words, I still think we’re in the first half of this gold bull move from 2015/2016 lows, rather than the tail end, and that gold […]

Summary Lumina Gold’s Cangrejos project currently holds 8.5 million ounces of gold, making it one of the largest undeveloped gold projects in the world. However, it has an IRR of just 15% and this is based on inferred resources. I think that the Gran Bestia zone has the potential to […]