Which days to break the news in financial market, my perception over the years. Wednesday news: Situation is bad and can go either way, good or bad. Monday good news; market is trying to rob you. Tuesday good news; news is good but it’s going to fall. Thursday good news; market is loaded and want everyone to join the party. Friday news, market is being submissive and doesn’t want you buy at all.
Rustybucket, Struckhov_UGC have medium likelily chances to take over POG compared to Polymetal has high chances.Merger is highly like for many reasons 1) POX hub 2) Stuckhov steak/shares valuation go high. 3) Struchov also benefitted from higher Gold prices and should have lot of cash. AND Polymetal can bid at anytime.By the Way, Strukhov is not in position to block any takeover offer.
US 1.9 trillion fiscal stimulus almost approved, Europe , Japan , UK will probably follow similar course of action. As Chief Saint/Scientist Patrick said, COVID is going to remain with us forever, So it’s unlikely interest rates have any chance to rise even until 2023. Recently, market was focused on silver. IMO, Silver can decline and Gold will take Silver range 2800-2900 in short to medium run.
If Gold price is down on positive yield, then why dollar index is well below pre pandemic levels, obviously inflation is not up to the mark( probably that’s is going to be revealed today). As long as interest rates remain low, Gold has upward trajectory
RE: Tomorrows Results. Trying To Read Bewteen The Lines26 Jan 2021 06:32
Best scenario, 200 m to 400m neat profit, 5p or $200m dispersed to shareholders as final dividend. All above is based on Revenue is defo be 1 billion dollar. Otherwise this accountant need work hard to suppress results