Calibre's Macro EnvironmentCalibre operates in a macro environment. How well Calibre fares is dependent upon:
- the price of gold
- the USD index
- the real interest rate
- inflation
- futures market paper gold trading
- gold demand and supply
- cost of production
- geopolitical tensions
- geopolitical risks
A bet on Calibre is a bet on where all these very real macro factors will take Calibre.