Short history:
01/07/15 POG USD1182
31/12/15 POG USD1064
05/02/16 POG USD1174
30/06/16 POG USD1200 (estimate)
If my estimate re POG by end of June is aprox accurate.... what is the intrinsic value (IV) of MML? Assume AUD @71cents. Is 86cents SP/IV too optimistic?
MML has some exceptional gold posters. Hope CPDLC, loki and others have time to give readers their valuation.
cheers