The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
... and I guess the other question is: is the peak of the POG indicate once again the next market crash? I am aware timing the markets is basically impossible, but in every crash there has been an early indication to it, and it has been peaks of POG
Speedy, agree, that could be the other outcome, but if it would be a mathematical equation we would be all in our private islands at the moment, wouldn't we? Good to hear everyone's opinions, I agree. For many Greatlanders is a good time to stop and think... where are we going? How do we protect our profits? And the POG we all know it is one of the big catalysts for all of it.
I honestly think the trend will continue for at least another 6 months, then we will see...
Hi Shorn - I was talking about potential deflation post-Covid, when demand will be weak due mainly to high unemployment. However to your point that's the big question at the moment, will it be deflation or inflation? And will that gold-inflation correlation continue or will other factors come in play? when will post-covid be? Q3/Q4? Obviously all down to theories at the moment. But POG will not go straight up, there are cycles and these cycles have always been there and timely.
POG has a strong correlation with inflation, and is probably going to peak at 2200 in Q1/Q2 with all this printing. But as soon as deflation kicks in (and everyone knows it will, because it has to), it will crash to half of that, to then restart the cycle and peak again in 15 years at probably 4000/5000 USD per oz.
Wow, another late 800K buy just came in...
Date/Time Trade Price Vol. Value
13:51 36.00p 2,300,000 £828.00k
17:08 35.50p 225,000 £79.88k
16:03 35.90p 250,000 £89.75k
16:02 36.00p 188,706 £67.93k
14:58 36.25p 500,000 £181.25k
15:56 35.90p 250,000 £89.75k
15:54 35.75p 279,757 £100.01k
15:53 35.89p 250,000 £89.72k
15:52 35.90p 250,000 £89.75k
Date/Time Trade Price Vol. Value
14:58 36.25p 500,000 £181.25k
15:56 35.90p 250,000 £89.75k
15:54 35.75p 279,757 £100.01k
15:53 35.89p 250,000 £89.72k
15:52 35.90p 250,000 £89.75k
16:44 35.50p 7 £2.49
16:44 36.00p 3 £1.08
16:44 36.00p 8 £2.88
16:43 36.00p 160 £57.60
Right... a bagger from 36/37 is 72/74, and a 10 bagger 3 or 4 GBP. No matter if you bought at 1p or 10p.
However GGP is de-risked, while the others are not. That's the big massive difference, and that's what needs to be understood first, and highlighted to the new PIs. On top of having 30% on one of the biggest discoveries of the decade, which is a full steam on with one of the biggest miners in the world, which infrastructure is a few minutes away. Plus all the rest of the projects all of the above are dreaming about.
No comparison, simply no comparison.
Antipa, Cobra, ECR, EEE, Wishbone, Alba, Artemis, Gunsynd, Rincon...
I don't see any of these with the licenses and potential of GGP. Some of them (Artemis/Rincon/GUN) look promising, but the GGP story is unlikely to be repeated, and although we are already at 1+b mcap, there is more potential here than in any of these above. The only one intriguing me a little is PAT.