Gold is still Gold23 Mar 2022 05:20
Gold and silver have a Global price and India / China / and Central Banks will want to buy more Gold as inflation hedge and for Jewellery!
So as long as Shareholders still own all the mines and dividends get paid , then no reason why this share can not return to 800 to 1400 p if not more !
The question is when will the War and sanctions be over !
When will Hedgefunds buy ... and then when will Blackrock and others be Ontp buy more !
The volume yesterday was 12 million shares or 15 million pounds out of 600 million market cap , SL 4 per ce t of all shares traded , if you just look at the free float shares not held by big shareholders , then 8/ 10 per cent of shares are being traded daily maybe , that’s a lot still !
Amy thoughts on the Volume ?