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.
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At the Prospectors & Developers Association of Canada (PDAC) convention this year, there is a technical session titled “Gold mineralization in Newfoundland” on Wednesday, June 15 in Room 713. [more]
eResearch is pleased to provide the latest McClellan Chart-In-Focus report from McClellan Financial Publications. [more]
Gold, gold stocks, and gold ETFs have been in high demand recently, that is, until the market crash. With the GDX down almost 50% from its recent high, the current price level might represent an attractive entry point. [more]
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