Money and Finance
- Nassim Taleb And Company Optionality…
Via ValueWalk: [For a third rule] I’d say, look for companies that have optionality….Optionality means to have more upside than downside because the company has options. An “option” in this sense acts like a financial option, and a financial...
- Mish Buys A Basket Of Miners
Gold Stock Comments NEM - Newmont Mining: My best value play and weighted accordingly. Price/book is a mere 1.19 and I have no reason to believe book value is overstated. Trailing PE is 10.04 and the dividend yield is 4.10%. What's not to like?...
- Neil Degrasse Tyson Quote
“The atoms of our bodies are traceable to stars that manufactured them in their cores and exploded these enriched ingredients across our galaxy, billions of years ago. For this reason, we are biologically connected to every other living thing in the...
- Gmo Emerging Thoughts: Present And Emerging Risks To The Gold Trade - By Amit Bhartia And Matt Seto
The notion of gold as a hedge against systemic risks is flawed. We believe that the concept of gold’s role as an insurance policy needs to be narrowed significantly. Last year we argued that relying on conventional wisdom to analyze gold price movements...
- Astronomers Say They Could Find Earth-like Planets Soon
Astronomers say they are on the verge of finding planets like Earth orbiting other stars, a key step in determining if we are alone in the universe. A top NASA official and other leading scientists say that within four or five years they should discover...
Money and Finance
Gold seen in neutron star collision debris
Dead stars make good alchemists.
Images snapped by the Hubble Space Telescope suggest that gold may have been generated by a violent neutron star collision that also yielded lead, platinum, uranium and other heavy elements.
The stellar smashup was detected on June 3, when NASA’s Swift satellite observed a gamma-ray burst 3.9 billion light-years away. Astrophysicists believe that a crash between two neutron stars, the dense, neutron-rich cores left over after massive stars explode, released the 0.2-second flash of energy.
Images snapped by the Hubble Space Telescope nine days later saw evidence for a bounty of heavy elements amounting to about 1 percent of the sun’s mass and including several moon masses of gold, says Edo Berger of the Harvard-Smithsonian Center for Astrophysics in Cambridge, Mass. Given the amount of gold and the fact that these collisions probably happen once every 10,000 or 100,000 years in any given galaxy, such crashes could account for all of the gold in the universe, he says.
- Nassim Taleb And Company Optionality…
Via ValueWalk: [For a third rule] I’d say, look for companies that have optionality….Optionality means to have more upside than downside because the company has options. An “option” in this sense acts like a financial option, and a financial...
- Mish Buys A Basket Of Miners
Gold Stock Comments NEM - Newmont Mining: My best value play and weighted accordingly. Price/book is a mere 1.19 and I have no reason to believe book value is overstated. Trailing PE is 10.04 and the dividend yield is 4.10%. What's not to like?...
- Neil Degrasse Tyson Quote
“The atoms of our bodies are traceable to stars that manufactured them in their cores and exploded these enriched ingredients across our galaxy, billions of years ago. For this reason, we are biologically connected to every other living thing in the...
- Gmo Emerging Thoughts: Present And Emerging Risks To The Gold Trade - By Amit Bhartia And Matt Seto
The notion of gold as a hedge against systemic risks is flawed. We believe that the concept of gold’s role as an insurance policy needs to be narrowed significantly. Last year we argued that relying on conventional wisdom to analyze gold price movements...
- Astronomers Say They Could Find Earth-like Planets Soon
Astronomers say they are on the verge of finding planets like Earth orbiting other stars, a key step in determining if we are alone in the universe. A top NASA official and other leading scientists say that within four or five years they should discover...