In reviewing slide 8, where actually, at the height of the gold bull SA hit a share price of 43 bucks a share, the question is now whether SA is a better company than it was during the last (or first segment) of the Gull Bull market?
In a word, it is light years ahead of where it was back then. If this second half of the bull does what I think it will, and follows the path of prior gold bull markets, we are in for one helluva ride. We are looking at gold POG 3000, give or take.
As an option on gold, the price of SA will be well on its way to 3 figures, before it is definitely bought out.
In any case, it’s clear a light-year is a vast expanse. Over a year, light travels 5.87849981 x 1012 miles (roughly 9.4605284 x 1012 kilometers.) Written out, that’s 5,878,499,810,000 miles or 9,460,528,400,000 kilometers.
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