the rising gold price will be like the tide and eventually lift up even the struggling gold miners...
AUD gold near $2500 is back where it was at beginning of year when most Goldie’s were 50% plus higher than today.
Something has to reset. Either gold miners much much higher or gold to collapse.
I know what I’d pick with record debt, endless money printing, stagflation, govt credibility collapsing and all paper currencies racing to zero.
Ann: Non-cash impairment of Atlantic Operations expected in FY21, page-4
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