I think we are on the start of a bull run in Gold Stocks. Fuel costs are dropping and gold is flying. The lag is the cost curve, our average, that is which for BCN should now start to drop. Profits should be immense and that will see money swing into gold stocks. The optimist in me sees a turn in shareholder fortunes.
On a broader note, AI needs to show tangible profits and productivity in the work place and I don't see it yet. The economy is in a hole, other than government spending so it's going to get tight. Central banks in 2025 will be forced to drop interest rates. We should see fundamentals start to be in vogue again with profit/loss statements driving our Share Price. When house price declines start to stop inflating people's egos to lend more, which literally creates no value, we will see a flood of money back to profitable companies. I think the button has been pushed and 2025 will be a slow motion crash!
BCN Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
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