A senior gold-mining executive sees the potential for a record year of mergers and acquisitions as companies turn to deals to prop up production at a time of rising bullion prices.
There is not as many things on the shelves like there used to be. Fees are rising, inflation is everywhere. Gold momentum is down, bias is up. What a mess of a chart..
Government of India has launched various gold monetization schemes. I am sure that they will be highly successful in 2022-2023 fiscal year. This will reduce India’s gold imports.
The fundamentals are horrific. The Fed has deliberately created house market inflation for America’s wealthiest investors and now the average home buyer can barely afford a down payment.
However, when the market and/or the stock is topping out, it will take some time before you see that in the earnings of the company. And, when you finally come to this realization..
