NTL 0.00% 1.7¢ new talisman gold mines limited

Early mining for New Talisman, page-7

  1. 753 Posts.
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    It has been pin drop silent - and I hope you are right Davegilbert!  

    While waiting for some/any golden announcement from Mr Hill, worth reading the below appeard in Forbes.

    https://www.forbes.com/sites/greats...ould-be-investors-lost-treasure/#666e09407cb9

    Gold's Bottom Could Be Investors' Lost Treasure


    Get ready, gold bulls: The precious metal could be close to finding a bottom.
    The price of gold fell back below $1,200 an ounce again last week as the U.S. dollar advanced following another federal funds rate hike. The precious metal logged its sixth straight month of declines, its longest losing streak since 1989.
    That gold’s not trading below $1,150 is, I believe, remarkable. There’s a lot motivating the bears right now. Besides a stronger dollar and higher interest rate, stocks are still going strong, buoyed by record buybacks and massive inflows into passive investment products. In the week ended September 20, investors poured as much as $34.3 billion into ETFs, taking year-to-date inflows to nearly $215 billion, according to FactSet data.
    This makes gold mining stocks look especially attractive by comparison. Relative to U.S. blue chips, the FTSE Gold Mines Index is now at its most discounted level in over 20 years.


    Gold Stocks at Their Most Discounted Level in Over 20 Years, Relative to the MarketU.S. GLOBAL INVESTORS
 
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