Yes, previous gold price dips would have gone down to 1800/1900usd levels, it now appears the new support is $2000usd so we are definitely trending in the right direction. Hopefully a nice bull run to mid $2000usd is going to take place soon. It will get the market more excited for gold and hopefully flow down to the mid and low cap stocks this time around. Because the liquidity definitely hasn’t arrived yet! Even NST making 10s of millions are struggling and EVN dropped 20% last week. Some strange things going on. I put it down to the media still telling the sheep that the economy is going great, record house prices, record jobs etc etc. Yet they always leave out the underlying metrics that matter, showing us diving head first into recessions globally. Many in the EU already In one. Plus the sheep piling into crypto has probably hurt gold stocks as well. They don’t realise it’s just lining the pockets of the global elites.
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