Hi bentleigh, i have been following a Jim Rickards comments on gold. He recently did a utube presentation to support his latest book. He’s not just an author flogging his book. Check his bio on the utube as well. Jim lists the three drivers of gold as: scarcity, geopolitics or safe harbour and negative interest rates. Could the contributors who have questioned the gold price movement and building a mine in today’s price, do some research on Jim. Then, happy to discuss gold’s rising trajectory. On another tack, NST is investing 30 million at least in Pogo. Can’t see Billy investing these dollars on a declining gold price.
EAR Price at posting:
32.5¢ Sentiment: Hold Disclosure: Held