Ann: Thick High-Grade Results in and Around Imperial/Majestic, page-38

A pull back in the gold price on vaccine news was always expected. Gold is really only approx $30 lower than before Biden was elected. The big picture hasn’t really changed. Vaccine is no silver bullet and the stimulus in the system is here to stay. The market needs to work out that if the economy roars back later next year then it’s only going to feed into lower real rates and higher inflation anyway. Gold looking like it will remain in a longer term cyclical bull market. The FED has already said its going to let inflation run so nothing’s changed from what I’m seeing. Short term opportunity. Let’s see if gold can find support and slowly climb back up.
Bc8 remains a clued on investment as short termism won’t effect the company imo. Keeping my head down and looking forward over the noise is not always comfortable but things remain good for gold. We are due plenty more news into Xmas.