RE: Gold futures hit 190012 Jan 2023 18:36
Based of the $1900 / oz Au futures, I make that an additional $180m additional profit this month alone on simple terms (being futures) but you get the idea.
The next 10 days will be full of people taking positions, large positions, so enjoy the show. If the investor call gathers momentum in terms of positivity, you can expect a 10 - 20% uplift during the presentation and much more across the remainder of the day / week (We’d 25th - Fri 27th).
If & it is only an if, the results of production are positive, stocks depleting, gold remains £1850+, any divi updates or generally it being a buoyant call you should see £5 - £6 by Valentine’s Day.
My missus might get some expensive edible undies :-p
Just don’t tell my wife :-)
ML