Which + numbers have to be showed that the price will rise ?
Good morning to you.
Again very good and strong MPVD numbers.
Every asset and commodity is rising (shares, oil, gas, grains, metals etc.), which shows us that central banks worldwide have capitulated against inflation.
Why ?
Because the government debt levels have risen to levels, which makes them unfinanciabale. And that worldwide !
I repeat again that 1 % higher interest would cost the US 300 billion (!) $ more interest, which has to be calculated in the already stressed budget. No free space for higher interest burden.
US debt has reached nearly 30 trillion USD (= 30,000,000,000,000.-)
Treasury knows that and FED knows that also. The blabla of higher interest rates or tightening is nothing that hot air.
From that point of view we will have a future in which all assets will be priced higher. And especially GEM stones....diamonds....Gold and Silver, which are wealth conservating assets, which can be left to future generations.
I personally am wondering, why the price of MPVD is paralyzed at these from my point of view cheap levels. Let us see, what the future brings.....
Paying i.e. servicing the existing debt is easy, when the cash is generated and flows.
Have a nice day and a good time.
With best regards