RE: Markets dumping to buy into spacex ipoToday 07:52
Calm down. Gold tonnage purchases were up by 244 tonnes in Q1 2026, up 17% quarter on quarter. This current drop is due to Space X IPO liquidity - short term issue - and money being redirected to recent oil spikes. JP Morgan, Goldman Sachs and Wells Fargo are still predicting gold prices between $5400 to $6500 before the end of the year. Greatland recent developments in the West Dome plus the tungsten deposit at O’Callaghans will see this rerate accordingly