Ann: Siren Receives Commitments to Raise $4m, page-22

The US Fed is way behind the curve (slow to act with higher interest rates) which means the US economy is heating up much faster and with a broader mix of PPI, CPI price rises, which has now flowed into higher wages and rent.

The longer the US Fed takes to begin to lift rates, the higher they will have to lift interest rates during this next phase of the cycle. (12-36months)

Some excellent points made by El-Erian below.

These events are very supportive of the gold price. We should expect to continue to see it above $A2,450/Oz and peak towards $A2,600/Oz as this below plays out. It is an excellent time for Siren Gold to accelerate drilling at Alexander River and Big RIver and continue to bank high grade gold for its Maiden Gold JORC Resource.