NVA 0.00% 13.5¢ nova minerals limited

With big sell offs in shares , oil , etc , lower Bond yields and...

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    With big sell offs in shares , oil , etc , lower Bond yields and generally low to lower interest rates there will be huge dollars looking for a home.

    And in times of uncertainty and volatility GOLD and other precious metals will come to the fore , and with the carrying cost being almost zero Gold again becomes the investment of choice (both physical gold & gold shares)and a major re rating is about to unfold which in my view will be sustained over the course of this and next year.

    The Coronavirus , geopolitical events, a slowing world economy ( a recession worldwide is almost inevitable and the current inverted yield curve in interest rates will most likely see to that) will further fuel to the Gold sector upward trend.

    NVA & DEG are looking good for major reratings over the course of this and next year.

    This not financial advice ---DYOR
 
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