Yes, what goes up must come down … I apply the same philosophy to my trading.
Interestingly the steep drop came immediately after the London exchange closed … some may think a bit of US bankster intervention. Thoughts @Joelstar
The large rise shows momentum in the gold space and potential uncertainty in financial markets and geopolitical risks. Will be interesting if the climb resumes Monday.
As far as Paul goes … I am clearly the odd one out, but, I apply the same hardline critique to all CEO’s so am comfortable with my judgment.
Not sure what you mean by the TUL 50% … new financial arrangements were negotiated for the merger July 23
As CEO of the expanded PNR he ultimately penned the agreement with no mandatory hedging … to me that is commendable given what we are now seeing with the gold price.
Paul wins … those who hedged lose.
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