the POG, while I'm sure thereare many price targets from almost anyone in the sector, I suspect all are guesses.
FastMoney/CNBC was talking about Debt laden Cos., airlines, cruise Cos. on and on....the crux of the conversation was that servicing this debt only happens if "debt markets"/ lending remains orderly...so far it is.
Gold, not sure what will be the catalyst and when, but when the worm turns this will be ugly for the debt markets and Gold will go on a runaway. The system is hanging on by its finger nails....$15 Trillion of debt Worldwide has been pumped into economies by Central Banks, but only those economies that have the ability to print money have had help, all other smaller countries are getting further and further behind...this will not end well.
The mkts are hitting new highs based on vaccine timelines and a perfect outcome that I do not believe are acheivable....read about the Pfizer vaccine, their 90%+success rate is based on numbers that I can NOT believe that science is taking as acceptable, let alone accurate(a couple hundred ppl were in the study, most were given the placebo, only a few were really tested, unreal).
Hold Gold my friends, we will have our day;)))
PS, reluctantly I need to add exposure to Crypto also, GLTA.