Seingred22 Sep 2022 19:33
Hi would like to hear know your thoughts on dow to gold ratio your view on gold price over coming years. Here is my view so you can tear it to pieces.
In 1970s to 1980s Gold went up 22 times from 35$ to 850$ the dow ratio to gold was 1/1
in 1930 the dow to gold ratio was 1/1
in 2001 to 2011 the ratio was 6/1
Would you say that the debt ratio is much higher that what it is today, from 2008 or more. In 2010 USA debt 10 trillion now over 30trillion and they are running trillions deficit which is growing by the year.
The dow is over 30,000 so either gold has to rise considerable for a ratio of 1/6 ie a gold price of 5,000 or the dow has to fall massively. The point im trying to make is that gold is undervalued but this will turn thats why some people saying gold at 25k 30k 50k Im saying 5k or 3k very conservative in my estimates. if correct then our partners might have to pay alot more for our share in Anza. Also Brads been a Geologists all his life and when a chap says you lucky if you come across one of these in your life time and Elephant country I take that he sees things that hes never come across in his life time.
The only negative is that hes not got skin in the game like me and Bhargav and others but then when you allocated millions of options why did you need to invest, it would give a better signal to fellow investors but they have not. we cant do anything about this and it does not hold much when he says he knows stuff info that would affect share price. i bet partners tell him very little next to nothing.
All to play for all to loose. Time will tell lets see what next 8 to 12 weeks bring but if I had doubts about this company I would have sold out along time ago and found a steady producer to put my money in.
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