Interesting interview on Sky Business today where Peter O 'Connor from Shaw and Partners ( the best commodity analysts in this country, imo ) gave his insights on the future price of gold. " Infinity and beyond" due to the perfect storm approaching
- low interest rates
- the expansion of Central Banks balance sheets
- the covid pandemic
Over the next 3 - 6 months he expects it to pass the last highs of $US 1906 and trade between$US 2000 -$US3000 with some analysts he said calling $ 3000 - $US 4500 which really lines up for our upcoming drilling.It doesn't get much better for the gold explorers and Meteoric in this case.
On this miserable virus,where following the pattern of the 1917 virus with a second wave, but hopefully like the Spanish Flu,the virus disappeared as quickly as it came,after the second wave .
On the upcoming drilling,let's go hunt some wabbits
Go The Doctor
Cheers
Ann: Drilling to Commence at Palm Springs Gold Project, page-28
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MEI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.0¢ |
Change
0.011(12.4%) |
Mkt cap ! $224.0M | |||
| Open | High | Low | Value | Volume |
| 9.6¢ | 10.5¢ | 9.2¢ | $479.1K | 4.892M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28215 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1303548 | 13 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| MEI (ASX) Chart |