It’s all about CPI expectations. If it comes in less/more than expected POG will rise/fall. Not sure what POG will do if CPI is in line with expectations. I don’t really care what the CPI is for 1 month as the tend is clearly down and even if it’s above expectations I will be extremely surprised if it’s not significantly lower in 6 months in which case PIG will likely be significantly higher than today.
If POG dips lower due to a higher than expected CPI then SPR will likely fall due to a lower POG - in this situation it will be a better time to buy SPR before more assay results are released. Remember that the NN holes yet to be released had visible gold.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 17537 | 1.280 |
3 | 11877 | 1.270 |
1 | 2319 | 1.265 |
10 | 59742 | 1.260 |
2 | 35000 | 1.255 |
Price($) | Vol. | No. |
---|---|---|
1.285 | 39997 | 1 |
1.305 | 43321 | 2 |
1.310 | 15000 | 2 |
1.320 | 28000 | 1 |
1.330 | 6430 | 1 |
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