The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Https://www.youtube.com/watch?v=NMr8wS04NcU
Hope this helps to explain a bit bettter than i can.
chisler
Me too Doggy.
BRICS+10 already have there own gold backed currency in shanghai and have been operating since 1st Jan 2023.
The east is aiming to trade commodities with only gold backed currency and ditch the u.s doller.
Biden sanctioned Putin. Putin now sells oil to india for gold. Putin bypass fiat dollers . SWIFTLY.
chisler
I think you could be right Doggy. ive seen serious forcasts for gold $ 5000 to $10000 / oz... i must admitt £that could be a bit high .....but $5000 could be reached for the reasons you stated and not that far off, maybe just maybe in time for our first pour say Jan 2026. Then i see a SP of £5.
For me my exit price would be £4.
im not greedy...
chisler
One for the w/end....napman..
https://www.youtube.com/watch?v=QU4eN3adgfE
enjoy
chisler