In the near term I expect the gold price to fall back to just over US 1700.
The effects on inflation due to quantitative easy have show no ill effects in the US even after years of printing money .
Perhaps in years to come that may change but the bull run of the POG has IMO being driven by the Covid crisis.
A gold price of US 1700 is a strong pullback that will support quality miners especially in Australia.
Im happy to eat egg if I’m wrong but doubt it.
All my opinions guys . That’s it no secondary agenda .
TT
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