Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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.
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.
"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.
No but the idiocy of some members on this board does. There will be further dilution from the top down. Interest rates will rise again due to inflation figures out today. Gold price will remain in the same channel even further. The share price will remain on the slide. You keep spouting about fundamentals though. You must really enjoy losing money.
Please don't talk charts and facts. Those with blinkers on really don't like those discussions. Those that allow themselves to be walked down and down while claiming fundamentals whenever questioned deserve all that is coming.
These are dark dark days for this share now with further dilution and raises on the way. Stop sugarcoating things and call a spade a spade. The share price has been in gradual decline since he took over that is a fact. You can't be satisfied unless you have been cashing in all the way down. The over optimism and tunnel vision is beyond strange.