Guys, I have been doing a little thinking on this POS/POG issue while out of circulation.
The latest rise appears Ukraine-based.
There is a lot of instability politically and economically - witness US inflation rate.
It does not matter whether the Ruskies invade or not (my view is that they will undertake limited invasion to support the Rusky popn) - the POPMs is all but set to increase substantially and likely for longer (not a brief rise and fall). They have had value for thousands of years and that value will be recognised. This rise will also be alongside the rise of other resources - they are "scarce" in the political environment and in demand.
The overriding concern underpinning all this is the fact that the one super power since the fall of the USSR is in its final phase as the only super power - the rise and rise of the Ruskies (thanks solely to Putin) and China and soon India will see super powers galore!
And one more thing - a truly UNITED Europe can become a leading Super Power but that will depend on how the US demise as one plays out.
ALL of this is great for POPMs!
IVR Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
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