Exactly correct in your summary.
The Elephant in Mining and everywhere else right now are input costs.
As you well know , Labour & Energy account for circa 2/3 costs.
Both are on the rise.
POG on the other hand is in ,it would seem ,a continued long term uptrend
with the caveat if there is a big sell off in next 24 months in debt / equity market
POG will also get marked down.
Who knows, its way above my pay grade.
But there is much to like with this speculation and we will continue to accumulate
on good news.
GLTA from a cooling CH.
S.G
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Exactly correct in your summary.The Elephant in Mining and...
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