ASR 9.09% 0.6¢ asra minerals limited

Ann: Significant Gold Results from Surface at Mt Stirling, page-20

  1. 4,980 Posts.
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    Its being noticed alright, @millions4683 and as @RedKing16 states its the same across the sector. Volume coming in. Wise people buying the dips as gold and silver are illiquid on international markets still. Gold will continue to outperform in the long run IMO due to inflation about to run hard through stimulus and the incapacity to raise rates further in the states leading to cost blowouts. An analogy being Hitler's inflation during his money printing era. Few commentaries on the net analyzing Gates and Buffett holdings from official returns and their sell offs. The implication being the stocks are overvalued. Add to that mix the battle in gold going on for regaining status as an international reserve among a basket of currencies as opposed to a few such as the US dollar. Now direct tensions between China and the US over Taiwan. Of course Covid 19 remains the spanner in the works and hampers the velocity of money which is a better measure of real growth.

    Gold has a big future and on the micro scene TNR has positioned itself nicely with what looks like sound numbers for a JORC to use and a future in digital gold through Bullion FX.
 
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