http://seekingalpha.com/article/788071-china-and-gold-a-puzzling-anomaly
... "The biggest bull market of our time, we believe, will probably be in junior golds. For these the Market Vectors Junior Gold Miners ETF (GDXJ) is representative.
We would also bet heavily - but again, with a long-term time horizon - on NovaGold Resources (NG), which, despite having one of the largest untapped gold deposits in the world (and a high-grade one, at that), has been pounded because of the costs of developing the necessary infrastructure.
But one consequence of resource scarcity in its relationship to gold, which has been proved since the beginning of this century when resource scarcity became apparent, is that gold must outperform other critical commodities; otherwise it would not be able to perform its irreplaceable function as a medium for resource rationing.
We believe the Chinese see this, and that it's only a matter of time before others follow suit.
Thus we regard many-fold gains in GDXJ and a 10-bagger in NovaGold as reasonable and well-measured long-term targets for investors." ...
Recent NG News
- NOVAGOLD Reports Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 06/26/2024 10:05:00 PM
- NOVAGOLD Welcomes Peter Adamek as New Chief Financial Officer • GlobeNewswire Inc. • 06/20/2024 09:05:46 PM
- NOVAGOLD 2024 Second Quarter Financial Results Release, Conference Call and Video Webcast • GlobeNewswire Inc. • 06/13/2024 09:05:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 02:59:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 02:58:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 02:57:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 02:56:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 02:55:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 02:54:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 02:52:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 02:51:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/21/2024 09:05:20 PM
- NOVAGOLD Announces Election of Directors and Voting Results from 2024 Virtual Annual General Meeting of Shareholders • GlobeNewswire Inc. • 05/21/2024 09:05:00 PM
- NOVAGOLD Announces Date of its 2024 Virtual Annual General Meeting of Shareholders • GlobeNewswire Inc. • 04/25/2024 09:10:29 PM
- NOVAGOLD Releases 2023 Sustainability Report • GlobeNewswire Inc. • 04/18/2024 09:20:00 PM
- NOVAGOLD Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 04/03/2024 09:16:25 PM
- NOVAGOLD 2024 First Quarter Financial Results Release, Conference Call and Video Webcast • GlobeNewswire Inc. • 03/18/2024 09:05:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 06:44:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 06:42:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 06:41:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 06:40:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 06:39:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 06:38:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 06:37:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 06:36:17 PM
FEATURED Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM