EVN 1.08% $4.57 evolution mining limited

yes, however those turbo responses were due to covid, now the...

  1. 2,040 Posts.
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    yes, however those turbo responses were due to covid, now the gold bears are assuming that a recovery is under way, interest rates going up, the fed tapering, etc, it's what caused the bear market from 2011 to 2016, and we have to take into account that happening again, however my view is that they can't taper this time with their level of debt, and also there is a possibility of inflation this time, because of the stimulus spending, but it's definitely not a one way bet, if I'm wrong I'll ride it out with EVN, it always works out in the end, and they pay a decent dividend in the meantime
 
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