We all do fm.
With the gold price sitting above $A2,500/Oz, both Alexander River and Big River will generate very strong cashflows.
US and Global inflation continues to rise, now consumers are being negatively impacted, which is the second phase of sustained inflation, Wage-Price Spiral.
Consumer confidence fell to its lowest level in 10 yrs in the US last month, due to the cost of household items, rent, fuel. The statistics don't paint a real enough picture of what is going on right now. This video from PBS news does give an insight as to why inflation is not transitory and will persist over 5-7% for the headline and 3-6% for the CORE CPI for at least the next 2-3 yrs. This will be very supportive of the gold price.
It is an excellent time to be exploring for high-grade gold and bringing two high-grade low capex gold deposits (Alexander River and Big River) to life in NZ by Siren Gold.
Consumer sentiment hits 10-year low while workers quit jobs in record numbers (nbcnews.com)
Workers quit jobs in record numbers as consumer sentiment hits 10-year low (cnbc.com)
Add to My Watchlist
What is My Watchlist?
