NVA 3.70% 13.0¢ nova minerals limited

General Chat, page-7897

  1. 2,453 Posts.
    lightbulb Created with Sketch. 1808
    the gold price along means nothing. need all ducks to align

    we're going to remain in a brutal bear market for explorers for awhile still until these projections are met

    Would need a really brutal recession to see aggressive rate cuts. rate cuts and usd$ strength falling should move in tandem.forecast timeline for recession is tricky as data is manipulated. could be strung out over 5 years. Remember, we need a brutal recession i.e. a sharp decline.

    An engineered soft landing isn't good for investment and inflows into gold exploration stocks.
    if a soft landing is successfully pulled of, we will need to the gold price $3000usd +. Will need avg aisc to be maintained around $1500usd. will need every cent above $2100usd from the miners returned back to shareholders via dividends or they be buying back stock.similar to what the coal miners were doing over past couple of years

    i have no confidence in the economic reported data. so i doubt we are every going to see the recession news we are after anytime soon. they cant manipulate it forever as it'll eventually show in the unemployment numbers

    think we are at least 18 months away from seeing the aggressive rate cuts gold stonks need. i don't think we are ever going to 0 again.

    unless there is a blackswan event. if there is a blackswan event. then that is easy. ape into all gold explorers.

    https://hotcopper.com.au/data/attachments/6389/6389782-04528e5680279fb415827352277b3800.jpg

 
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