David, pog should push through 1800 this week. Pog went bear last year when covid seemed to be undercontrol.
It occurred in August last year. So pog is not reacting to economics directly, but covid.
Now we have India in a mess and sri Lanka going that way.
It is different now as we have some tripple mutants that are resistant to vaccines in a county with 1b plus people.
It will get far worse I feel.
If pog clears 1800, 1850 should be an easy target, not only do we have trend change, but at the 1850 mark, the longer term down trend is beat.
Also gold supply is down, China is buying more and many short positions need to be closed out soon.
Tnr delivering the jorc into a bullish gold sector is perfect timing I feel.
Ann: Torian Exercise Option to Acquire Tarmoola Station, page-22
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