I have been hearing 'experts' banging on about the record gold prices since Covid. I have heard $US2500 quite a few times, as you have. I have heard Comex and the big banks manipulating the gold price to hold it back. The fact is, no one really knows where gold will be priced next week, month or year given the variables attached to the Gold price. However, because it is at/near an all time high, there is clearly more of a probability for it to fall than to rise
Now it could go to $2500 this year. It could go to $5000. But we've been hearing this for 4 years since Covid and, given the pandemic, inflation levels etc etc, I cannot see it touching anywhere near $2500 this year. I have been wrong many times before, and I HOPE it goes to this price, but I am not holding my breath. And if it doesn't, I won't be sending you any messages of "told you so", simply because I am not definitively saying it will not. If I were, I would be selling put options
And if you were that certain, then you would be buying calls, no?
As I said, C-Suite/management, whether its perception or not, needs to be fixed up. Otherwise, show us themoneypositive cashflow
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