Tue, 5 March 2019
Throughout the millennia people have sought out and acquired gold. Perhaps it really is the world's third oldest profession. That's why it's appropriate that Aton Resources (FSN Company Sponsor) has gone back to Egypt in search of the Pharaoh's lost gold. And geologist Javier Orduña may just have found it. He's currently exploring Rodruin, an ancient Egyptian mine that hadn't been touched in over 1600 years. Preliminary results are highly encouraging with even the old tailings piles showing 20 grams per ton. We'll be checking in with him regularly for updates. |
Tue, 5 March 2019
As Eric said on a number of occasions, gold would rise into Q4 of 2018. In fact, it continued its rise into February and promptly broke down. Eric's not see any further moves until the summer. Perhaps then we'll see the highly anticipated bull market resumption. He believes we're seeing the emergence of a bear stock market. Dollar is getting toppy but it could be a multi-year process. Many markets will trade within defined channels for quite a while before it's on to the next trend. |
Tue, 5 March 2019
Jordan Roy Byrne joined us for a look at the latest precious metals smackdown. As he said at the Vancouver Metals Investor Forum in January, gold is still technically in a bear market. Until it starts making higher highs and higher lows, this will continue. He was hopeful during gold's recent advance that it would break the trend line on the upside, but alas the rally ran out of gas. We probably won't see a steep decline, but we'll have to wait for the later in the year and see where it goes. |