How close are we to a run away gold bubble that rallies goldand gold stocks, prices, to the moon.
I would think there are many black swan indicators of that.
One indicator of that is the Trump far right administration doesn't
want to reform and put a right wing slant on an agreed upon
economic and political direction for the world, but to overhaul it in
a xtian and big US patriotism slant. As if it is every nation for
themselves again, and the one that gets to be the biggest and
strongest gets to be the policeman, banker, religion and ideology,
dominator of the world.
Another and the last I will consider, is the US led world's
keynesianism type it has been practicing has failed miserably and
and can't even muster enough economic growth to either justify
interest rate increases or the income growth ability to pay back and
remove the huge world debt over 25 years or so, of well over $250
trillion dollars. About 4 times the size of the world's GDP.
The world is in effect bankrupt when can't pay back and remove its
debts.
However if we are that close to a runaway gold bubble era why
would anyone want to consolidate, merge consolidate or buyout
consolidate, gold shares, reducing them each time by multiples.
It just doesn't make sense for the little guy anyway. Only for big
players and as proxies for central banks who want no big winners
escape outlets for the little guy, does it makes a lot of sense, if not
dollars.
From
'Trump creates uncertainty in everything, and the world
economy can't muster the growth to justify interest rate
increases for the rest of the year'
https://premium.kitco.com/news/2017-02-03/Trump-Uncertainty-To-Be-Bullish-For-Gold-Next-Week-Analysts.html