RE: MM's DESPERATE FOR YOUR SHARES!11 Jul 2023 12:44
Do you people not get bored of this narrative? You’ve been saying this all the way down. “Not too long now” for 3 years while the share price dwindles away to practically nothing from 38p.
You're delusional if you don't think interest rates have a profound effect on commodities haha DYOR. They are going to be high and sticky for the foreseeable which will make gold less attractive. It's simple economics.
RE: Where there is gold there is hope of a higher SP21 Jun 2023 10:43
All you have to do is google the inverse relationship between Interest rates and Commodities. A 5 second google search will tell you all you need to know in terms of why the SP is leaking away day by day.
RE: Where there is gold there is hope of a higher SP21 Jun 2023 09:00
"Where there is gold there is hope of a higher SP..." Where there are high interest rates this SP is going absolutely nowhere. A rate rise today would prolong this for another 6 months at least.
The SP will take care of itself is what people have been saying for 3 years. Inflation and Interest rates are either on the rise or still stickily high. This has a while to go before it and gold turns...
A prolonged period of darkness incoming as Gold falls out of favour. Please do basic research on commodities v interest rates and stop spouting rubbish.