The gold price keeps rising early July 2020 towards the symbolic $1800 mark. After a flawed and weaker period since mid May, miners are again responding favorably to the ongoing gold rally, now anticipating $1800 gold, that level being breached while editing this blog !
Showing posts with label Corona dip. Show all posts
Showing posts with label Corona dip. Show all posts
Wednesday, 8 July 2020
Sunday, 14 June 2020
Large cap gold miners started lagging the yellow metal
Whenever interviews of expert mining investors or seasoned CEO's of gold mining enterprises massively emphasize the brilliant outlook for the industry for years to come, you can almost bet on it a correction is about to follow.
Friday, 22 May 2020
Revival of gold mines - Corona dip overcome
Gold mining investors were shaken as stock markets tanked and subsequently precious metals dipped at the outbreak of the Corona pandemic: miners suffered a double whammy. The recovery last two months has been vigorous, with tailwinds from both a gold price rally and the (FED) liquidity driven selective stock market recovery.
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