Since mid-May, with the U.S. Dollar going lower, Gold went higher. But did it go too far too fast? Kimble provides a chart (below) of the Gold/Dollar Ratio. The Ratio has risen and has hit resistance. Whither now? Gold bulls want the Ratio to keep rising.
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).
Junior mining companies – such as Aston Bay Holdings, Azimut Exploration and Xtra-Gold Resources – are receiving some deserved attention during the latest gold price boom. [more]
We have written a 40-page Initiation Report on Terreno Resources, a Canadian-based gold & silver exploration and development company that is currently focusing on Las Cucharas Gold and Silver Project in Nayarit, Mexico. Las Cucharas Project is a district-scale exploration project covering over 4,445 hectares and exploration work has identified precious and base metal mineralized zones over an area that is six kilometres long. The project area has documented historical gold & silver production through several small mines that highlight the potential for large-scale exploration and commercial exploitation. We are Initiating Coverage with a Speculative Buy rating and one-year price target of $0.14. [more]