UK 17:29 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I am generally speaking a gold bug, I believe gold will go higher, the long term fundamentals support that, but whether gold goes higher this year or 5 years from now, I don’t know. The reality is the market forecasts for gold are between 1000/oz., and 5000/oz., anytime within the next 5 years. To quote Mr. Keynes, “the market can remain irrational for longer than you can remain solvent”. Based on that I prefer producers with solid margins, and solid management that are undervalued based on fundamentals. I believe Petropavlovsk (POG) to be in that category.
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Comments
wildrides
Gold is trending down ……….. soon it will break 1000 . The mines in Russia ………. you know ……. where Puke in a tin reigns . Old Baa Maa is about to introduce even tougher sanctions on Russia over Ukraine . Upset Puke enough and he will confiscate the mine and other assets . It will be just like OXUS only dearer to buy the share . Invest in something safer unless you like insomnia . If you do have insomnia just record a formula one race . I warrant that you wont be awake after 7 laps . Works every time . dont bother replying Van Goddess ………. why break the habit of a lifetime .
turbograndad
Wildes, looks like my Britannia’s and sovereign’s, are going to have to stay buried longer, ah well, the kids will have to work out what to do with them.
Fiat currencies rule OK, not sure, and neither is anyone else, who knows ???????????????????????????????.
Van Goddess, if I was Gold Finger, would you be my Pussy Galore ?????????????????????????.