Ann: Trading Halt, page-47

Hi Showmethemoney9 (love the name),
It is not luck for executives at their level as they have long experience with metal cycles. They accumulated the assets as a strategic move. Paul Chapman, Les Davis, Tony Polglase and the team were and are across this in my estimation. As a long time analyst on gold I too saw this coming. People with less experience may not have yet learned this craft. The first chart goes back to late 2023. The looming breakout under discussion.


This chart was even earlier; examining other signals that a new uptrend was emerging. Recency bias confuses less experienced investors across many time frames. 34c may seem cheap compared to 36c in the short time frame. Gold seems expensive to the uninitiated at $2320 because they do not understand the ravages of inflation. Houses were under $40k in Melbourne in 1980 while gold was $800. Do the math. Loaves of bread or what ever; the AUD (like other fiat currencies) has been decimated in value over time. That is why I also use a log scale. A $100 rise in 1999 was huge by percentage on a POG under $300. Now we can see $100 in a day and it is only 4% compared to 33% in 1999.


Now consider this one as "potential" and you will see how price changes over time on the log scale. Luck or patience; you be the judge, but here is a recent chart (two weeks ago) I provided for clients. I am happy to share this with you to be taken in context. The breakout to new highs is shown in context with prior price changes on the log scale. Cycle work using Pi is also sitting in the background in the construction of this chart. Gold is just getting started and BC8 know what they are doing in mining and within the cyclic nature of the industry.



Massive geopolitical and economic / financial change is upon us NOW.
GLTAH CW