The rapid increase last week in long term government bond yields in both Japan and the US will expedite the movement of massive quantities of dollars from the bond market, and soon from general equities, in to gold and gold miners.
I think your dream of a $100 share price for NST is likely to become a reality. To me, the big question is not whether that happens, but when that happens. Without getting too far ahead of myself, the next big question after that will be at what point should shareholdings in good gold miners be reduced, and the proceeds invested in other assets.
NST Price at posting:
$20.35 Sentiment: None Disclosure: Held
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