NST Share price post merger, page-503

Normally Rising Bond Yields result in falling gold prices "in normal times" however I feel these are far from normal times. There appears to be little doubt that the leading indicator behind this is "inflationary" expectations rather than "rising economic activity pushing equities higher". It is only a matter of time that POG will also rise in a rising bond yield environment. I sold the majority of my "Non Gold" equities portfolio today cashing up and maintain a significant exposure to NST buying more as it continues to fall.
I feel the equity market is just about to tank resulting with either the fed needing intervene in the bond market or alternativly the bond traders accelerating current bond sell off. With AUD 10 year bonds at 1.92% this morning and US 10 year Bond yield around 1.52% these represent significant spikes when compared even just 1 week ago.

I feel holders of NST and other Gold assets are now in the box seat. We just need patience.

In regards to Bill's departure, Im sure a little bit of this has rubbed off on NST's share price however I feel a good 80-90% of the recent sell off in NST is MACRO related, not stock specific. Correlation of NST to EVN, RRL, SLR and NCM is very similar with most dropping some 20-30% over the last 3 months. I do admit NST's slide is on the higher side when compared to the others but still very much 80-90% MACRO related. The main game in town is watch those Bond Yields. My 2 cents for the day !!!!!!!!!!!!!!!