全球黄金领域 - 关于初始观点的反馈与讨论-Global Gold-Feedback and Debates on Initiations

Feedback and Debates on Initiations CITI'S TAKE Despite the obvious take that our initiation with Buys on Anglogold and Goldfields calls the top in the gold market, the investor questions and debates have been around – what gold price is being priced into the stocks, whether these stocks would mirror gold's volatility, likelihood of large-scale value-destructive M&A (and capital allocation in general), whether the other non-gold miners would consider buying some gold mining companies, how to position agains ...