“They point to the gold oil ratio. Historically, gold has been 20 times oil. Let's use $4,000 as a round number. That would place crude at 200.”
♫
Said on Monetary Matters with Jack Farley
“We're one of the lowest-cost gold producers in the world. And that is the best defence against a low gold price.”
Business Now with Ross Greenwood · Business Now | 27 October
Play from 8:58
8:58
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What was described
positioned itself as a low-cost gold producer to defend against low gold prices
Said nearby on the same subject
“‘The promoters halved the price… the $11 might have to be lowered… bankers were considering recutting the price… as low as $6’”
♫
Said on The Fin
“The subset that you're generating along the way is not itself intrinsically valuable… there are going to be a little bits of gold that we have generated as a consequence of doing all of the screening”
♫
Said on Latent Space: The AI Engineer Podcast
“I did cut our gold position in our model portfolio earlier this year. And then I started adding again in this corrective phase.”
DR
David Rosenberg
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