SPR spartan resources limited

$1 Party, page-27

  1. 7,065 Posts.
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    If POG stays around the current price then if and when the Fed reduces interest rates POG will go a lot higher and if ETFs start being net buyers instead of net sellers they have been for the last 3 years and so far in 2024 then we may see POG go up many hundreds of dollars.

    In the past when ETFs went from net sellers/ buyers the POG went up significantly.

    In my view with central bank buying will continue so I am keeping a close watch on ETF buying and selling - the World Gold Council reports on ETF buying and selling at least every month and even weekly ( I have to check if I am right about weekly).
 
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