Yeah early days yet, not too worried about things. Huge tenement, lots of gold and lithium targets, the exploration costs could go beserk with all the opportunities.
Zero interest in crypto here. Its a Ponzi scheme, ya know!
Going a bit off topic .... but
The Fed cannot change course because allowing inflation to run wild with these sovereign debt levels we have now can send countries broke, and I do mean the USA too. The lofty USD is already sending one third of all emerging economies broke.
The US Fed may pivot into a brief bout of feelgood QE maybe, but not for long I think.
They have done nothing to tame inflation so far. They have no option but to destroy the market and the economy , as killing demand is the only way to bring down this supply side inflation. Powell/Yellen/Bernanke/Greenspan etc they've all been screwing it up over the last 40 years with MMT. There is simply too much debt in the global financial system, too much money printing and handouts, and a reset is required.
IF you research "money velocity", you 'll see the time is up for kicking the can down the road with more bouts of QE. Oh it excites the stock market, but does nothing for the economy any more.
As for gold, Im fully aligned with Michael Pento and I dont think the time is now.(
see here) This will be another short rally perhaps. However if Aussie golides are being offered $3000 hedges and the AUD stays smashed, they are not doing too bad.
(20min delay)