Yeah heard that Tela, no coincidence the yanks hold by a multiple of about 3 to 2nd nation the most bullion on the planet, some 8 thousand metric tons at last glance, IMF itself only holds about 2500 tons.
One way to manage the 'unmanageable', being the US debt situation one would suggest but only rumour atm, in saying that would be a great legacy for Trump if he was the POTUS that 'cracked' the US debt bomb. Anyway not smart enough to understand if even possible and big call for the yanks to give up the strategic advantage of the USD. In saying that if you hold by far the most Au reserves on the planet that's just swapping on advantage for a larger advantage, rumour could have meat on it's bones.
CLV the boys trade of the week, good turnaround 4d other month with Ammie's mates over at SOL exhausting their constant selling cause they haven't got any more to sell, Tiga & AEF to majority shareholdings & all it needed was an obvious FY profit upgrade courtesy of the already published 4d. Actually, not a trade as the boys still holding, reckon it's got 60c in it medium term depending on what happens with this Iran thing.
CLV been around for yonks, way overvalued in early days but MC come right back to decent multiples, been one of those hype stocks, great concept but management never really been able to execute, NZ company, you know what the kiwi's are like, good at talkin' the talk but they never seem to walk anywhere.
CLV all about introducing omega 3's into kiddies diet to make the little snotter's smarter, not quite sure the planet needs more intelligence though does seem to be running a 'wisdom' deficient, not sure if CLV can help there so if a boomer or Xer wouldn't be selling your rubber soled shoes just yet, the cull could still be on.
We all had the misfortune of living through the great 'dunny paper run' of early covid, the utter depravity of the human condition on display as the punters jostled for the last role of cylindrical salvation at your local woolies or coles aisle 7. some things can't be unseen once witnessed and no doubt we are all carrying the scars.
Well if the cull still on the scuttlebutt is will make the Great Dunny Paper run look like child's play as the boomer's and Xer's 'run the gauntlet' of the AI controlled electronic access doors at your local shoe retailer, best go 'long' early before the rush.
talking of CLV another stock I used to trade but haven't gone near for about 3 yeears got a mention during the week, AVA.
Reminds me of CLV, great concept but no delivery, mentioned by a guy who went long both PME & CAT years ago and never sold a share, he has got a bit of a Yoda like guru thing going on in digitial stock land, he reckons they come in 3's and AVA could well be just that. One for the WL and DD, maybe not for the buying just yet.
Brian Wilson RIP, one of the fav tracks of the boys in the garage,
