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Bullboard - Stock Discussion Forum Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 6,700 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project... see more

TSX:NVO - Post Discussion

Novo Resources Corp > lord byran
View:
Post by likeike on Jan 05, 2021 10:31am

lord byran

For the coming year, Wien and Zidle expect the Fed and the Treasury will continue their accommodative policies to bolster the economy. Faster inflation, while still modest, is set to fuel gains in gold and boost the allure of cryptocurrencies, they say. The duo also project a reversal in the U.S. dollar’s decline as a strengthening economy and financial markets lure investors “disenchanted” with the rising debt and slower growth of Europe and Japan.

Wien says his surprise list is made up of events that investors assign 1-in-3 odds of happening but that he thinks are more than 50% likely. Below are his other calls for 2021:

  • The Fed extends the duration of bond purchases in order to prevent higher rates at the long end of the curve
  • Former President Donald Trump starts his own television network and plans his 2024 campaign
  • Chinese shares to lead emerging markets as President Joe Biden begins to restore trade relationships with China
  • Cyclical shares lead defensives, small-caps beat large-caps. Big-cap tech, likely the source of liquidity, will lag for the year
  • The Justice Department softens its case against Google and Facebook, persuaded by the argument that the consumer actually benefits from the services provided by these companies
  • The price of West Texas Intermediate oil rises to $65 a barrel amid a return to normal economic activity. Both energy bonds and stocks rally
  •  
Comment by likeike on Jan 05, 2021 11:15am
Tx do you think you will be able to get the network in your locale? Former President Donald Trump starts his own television network and plans his 2024 campaign
Comment by TXRogers on Jan 05, 2021 5:38pm
Unfortunately there may be a risk of censorship.  Can you imagine the "anchor babes" that will be presenting the news? Jesus .... the imagination runs wild.  Dashing Don has always delivered on that front. Silvio Berlusconi taught Donny everything he knows.  He'll secure every red blooded male's vote in the land.  The wives and girlfriends will be so angry ...more  
Comment by ValuePro on Jan 05, 2021 11:38am
A rising POG and a rising dollar? To my simple mind, the only way that can happen is if most of the world outside the US suffers even worse inflation.  What am I missing? VP in AZ
Comment by TXRogers on Jan 05, 2021 4:50pm
The Dollar Milkshake Theory works best with cheeseburgers and fries. https://ameerrosic.com/dollar-milkshake-theory-predicts-a-bull-market-in-usd-brent-johnson/ Tx
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