QE was suppose to be Gold friendly if not hyper than just inflationary. That was what destroyed the earlier breed of gold producers because it gave them a false sense of reality that gold can only climb mountains. The got sucked into throughput instead of grade=king!
The effects of QE has not been good for gold ever since people realise that inflation was the missing formula for success? I prefer if economic conditions comes around to normalcy ie. no more massive stimulus and QT to get some resemblance of modern economic models.
Prediction is a mugs game because US stock market enjoyed a decade of bull run! I just follow the trend regardless of what a company mine. EVN could be sewer pumping for all I care as long as there is value in their product.
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