I think that is what this latest 24 hour surge in POG is about ... worldwide stimulus ... massive in US ... inflation definitely on the cards. On some consumer goods, the only way prices can go is up, although a lot of people globally out of work. This for sure, as been said, is a new and unchartered investing environment for all. A number of brokers seem to be doing what they do best and recommending the usual ... banks, qantas etc., but these stocks, imo, will have a long road to earnings recoveries and dividends will be unsustainable.
The PM said last night that ‘our mining companies are strong’. SAR was a very select investment for me, especially regarding geography. Good luck to all.
Stay Safe, Cheers ... Cazzex
SAR Price at posting:
$3.49 Sentiment: Hold Disclosure: Held
