NXM 2.44% 4.2¢ nexus minerals limited

NXM the next multi bagger, page-2164

  1. 298 Posts.
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    Hi Rabbitoh
    A Gold price of US $1860 is definitely a possibility IMO.
    It’s all Smoke & Mirrors. Markets / Commodity Prices are controlled by Governments / Large Corporations.
    During Challenging / Tough Times your strategy should change from making money to maintaining wealth.
    I feel we have 2 Options:
    1. Buy and Sell Dips & Spikes in the Gold Price
    which very difficult to get Right
    2. Play the Long Game. My preferred option in this current economic / geopolitical environment.
    I’m Tipping Gold to hit US $2,500 / 1 - 2yrs?
    It may however by then be worth less than the recent high of AUD $2,800 as the US $ will have tanked for this to happen.
    During the peak of the Global Financial Crisis 2007 / 2008 the AUD was worth US$1.10
    I can see the US $ weakening even further in the next
    1- 2 Years. Gold, not the US$, will now be the Worlds (China & Russia) preferred Safe Haven Option.
    The Gold Sector will Consolidate with a large amount of Mergers and Takeovers taking place. Quality Gold Producers will be generating / have huge amounts of cash to spend.
    NXM will be High on several companies wish list.
    What price will NST pay?
    If they want NXM / They get NXM.
    I have $1.35 in my head for some reason?
 
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