7 Comments
User's avatar
Bill Petersen's avatar

If it’s vertical time for gold, time to look at $GLDG

Erik's avatar

Yes, that should do well too.

wn1001's avatar

oh, what a surprise. Next cap, next placement. If you participate in those paid promotions, maybe it's time to summarise all his previous pitches, their status and result for investors? Love your work Erik, but do not understand paid promotions on your paid substack.

Erik's avatar

Maybe just focus on the gold price views, which have been highly accurate.

wn1001's avatar

I do. Still I assume that if you allow placements like this you should also require a follow up. Your own Stevie’s just told me :

The deal is 9 months overdue

Stock is distressed ($0.18 with $5M market cap)

No production = no revenue = high risk

Depends on CSE approval + Finnish permits + market conditions

Wissam's avatar

If the FED signals they are done with hikes later this year and they have reached the neutral rate does that put a dent on his thesis gold to $7000? My base case for 2026, economy re-accelerates which puts pressure on wages (due to immigration policies) and causes the FED to be hawkish. Cheers.

Erik's avatar

'If the FED signals they are done with hikes'?? Yes, I agree the economy could be stronger than expected in 2026, but the new Fed governor is likely to move very slowly to hiking rates. Doesn't Trump want lower interest rates to make it cheaper to finance the US deficit? But you are right. If the FED were to turn hawkish it might be a negative surprise for the gold market.