Gold to the moonWell not exactly, but expect inflation figures to pop in the coming months. Predictions will come in closer to 3.5% mid year. Gold will benefit because of this. Not that gold likes high interest rates, but under the surface there is a storm brewing. The world will find that the dollar has no clothes, once this happens gold producers will see their treasuries filled to the brim. Soon the world will no longer see the dollar as a reserve currency; then all hell will break loose. Watch the treasury department start to fund future government operations with higher rates and you will see what the market will say about that. And BTW foreign central banks have been buying gold with abandon. They know something.
GCM has a 180mm EV, and it is on the verge of greatness, $7 is not out of the question sometime this year.