RE:IAUX moving ever higher Personally $2 Cdn, thereabouts seemed fair value for Paycore. Add that to a price of $4.25 Cdn for IAU alone and the combined package should be worth around $6. As more results come in that will change and once resources move more into the indicated category then a true valuation will be easier. Much to look forward to. All this attention via the media is very welcome, should get more big buyers kicking the tires.
Once again Gold futures (after taking a brief dip) are closing in on $2,000 again. I believe the next break through that level will be the true one and then $2k will form the base for POG. Central banks remain buyers, don't fight that trend.
Markets as a whole quite bullish as expectations that inflation has peaked have come into play leading to a halt in rate rises. JMHO.