What’s the next catalyst to drive gold and gold stocks higher?
Dave Erfle joins me today for a discussion focused on the recent moves in gold, gold stocks, and copper. With gold continuing to move sideways and gold stocks in a short term downtrend I ask Dave what he thinks will be the next catalyst to push gold and gold stocks higher. As for copper, which continues to move up, there are still a lot of worrisome signs that it could cause another pullback.
Click here to visit Dave website and learn more about his newsletter The Junior Miner Junky.
This is a must read: Hundreds of Thousands of tiny buyers are swarming to insolvency stocks in get-rich-quick play. DT https://business.financialpost.com/investing/hundreds-of-thousands-of-tiny-buyers-swarm-to-insolvency-stocks?video_autoplay=true
MegumaGold and (OS) (OSSPF) Osprey Gold Sign Definitive Agreement for Plan of Arrangement to Create a Leading Precious Metals Exploration Company in Nova Scotia
@newsfile on 10 Jun 2020
Osprey Gold President, Cooper Quinn commented, “The combined entity of MegumaGold and Osprey will have a leading group of assets in the region and a stronger market presence than either company could achieve alone. We look forward to leveraging the collective strengths of the new team to explore the combined portfolio of assets ranging from early stage exploration through resource expansion and development. We are very pleased with the deal we have structured and believe it offers significant benefits to Osprey shareholders.”
https://ceo.ca/@newsfile/megumagold-and-osprey-gold-sign-definitive-agreement
Can anyone explain the big move in copper????….I had it pegged at 6-12 months before I needed to start nibbling at copper plays.
Yep, Copper up to $2.68, and Zinc & Platinum & Oil and many commodities are heading higher.
Didn’t you hear, the economy is doing great after 3 months of shutdowns, riots in cities all over the globe, supply chain disruptions and more…. the general markets are rightly at all time highs.
We live in interesting times!
Are you still wearing your helmet?
haha!
Guess I missed the memo. Been working so much and never was part of the shutdown so I do miss the occasional one. Thank you Fed. Gold and silver up nicely since they spoke
😉
Not to mention, higher Real rates may just force the Fed’s hand towards implementing negative rates as well as additional QE. Both of which are Gold positive. Nonetheless, just a matter of time before the yellow metal makes its move in attacking ATH’s. It’s coming.