Post by
NineLives on Dec 20, 2022 5:06am
Ladies and Gentlemen
We have a huge disconnect !
Gold futures jumped higher from $1,797 to $1,816 yet the 10 year yield also jumped higher from 3.51% to 3.71%. Yields and Gold going up in tandem is a very rare occurrence proving Gold is in big demand once again as Central banks support their debt with a tangible asset.
Anyone selling KRR at these fire sale prices requires a frontal lobotomy. JMHO.
Comment by
materialsgirl on Dec 20, 2022 10:43am
Ninelives; I share your sentiment. We don't get no respect for our resources, jurisdiction low costs, growth etc. We may need to merge with another outfit. A single asset miner has historically sold at a discount no matter the jurisdiction and asset quality mat