Inflation vs RecessionRight now it feels like the marker is playing ping pong with Inflation and Recession. One Inflation is problem the other Recession is.
From Gold's price point of view, Inflation makes Gold a safe haven. From Recession point of view the US dollar weakens and help the gold price rise.
Either way all signs are pointing to a $2200-$2400 Gold. This will add 2c extra to the bottom line with everything else remaining status quo.
Quick math: 7.5c cash + 3c this year + 2c for higher gold price = 12.5c by year end in CASH