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).
Fidelity Minerals is a junior exploration company engaged in the acquisition, exploration, and development of resource properties with a focus on Peru. The 3 main, short-term, corporate goals include: (1) develop existing gold & copper projects; (2) expand project portfolio with accretive acquisitions; and, (3) define at least 1 million-ounce gold resource within 3 years. [more]