Time will tell @arsenic but the junior space is only starting to get the capital flows recently, after a sustained period of wrist cutting rhetoric.
We will know in hindsight but I had this discussion with a buddy yesterday about how things may run harder than we expect based on massive macro readjustments.
Gold is the new release valve for revaluations as any energy price spikes will blow up the debt markets.
Good as gold for oil Petrodollar is fraying. Only gold is a good as gold again.
As always all just guesswork but it's been the quietest bull market in gold I've ever seen.
NWC Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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