doesn't matter what it hits nowwhat matters is that within the...

doesn't matter what it hits now

what matters is that within the next 12 months the gold price needs to run to $2700usd and sentiment needs to improve

we need the miners to reporting record growth in npat and cash reserves and increasing dividend payments which is higher then the central bank cash rates.

at the current gold price many miners are barely reporting any substantial improvement to their cashflow!!! they keep reporting higher cost. the dividend payments are shockingly low.

This is with gold prices at All time Highs!!!!!!!!!

there is a reason why the market is bearish as F......

back in 2019-2020 it was different. cash rates from CB's were basically 0. dividend yields were hard to come by. the gold prices were higher and the market forward looked dividend payments of 2-3% which were deemed good compared to 0.

currently, it is a different ball game.. We're not going to see bullish level inflows until the gold price is $2700usd+ and miners start paying dividends 9% plus.