The Constant Conflict
Most people believe that as the Third World becomes richer, it will become more peaceful and growth-oriented. The reality has been the exact opposite. Prosperity and formal education in the Third World are ironically correlated with rising fanaticism and tribalism. In fact, there is a clear causality here. Wealth and education without the much-needed concept of reason are self-destructive. I explore this issue in the linked article.
While gold price continues to rise, junior gold mining companies are falling. In the last musings, I gave examples on how by raising money at the wrong time, companies are destroying shareholder value. Here is a discussion with Mining Stock Education on the same subject. I also present two arbitrage opportunities:
I recently had a conversation with Cory Fleck about why I am excited to be invested in Novo Resources (NVO; C$1.93). The conversation is linked here.
Associate: Rajni Bala
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