Gold breaks $1,900 on its way to the new all-time high in US Dollars this time. We have seen nothing yet. This young Bull only now starts kicking US Dollar down the hill.
Chart by @Northst18363337
Brave Robinhood crowd is blissfully ignorant and chasing NASDAQ, insolvent companies and bankrupt ideas. Gold share in the global equity portfolios remains very low and increasing this allocation even just to 1% will bring a lot of fireworks before New Eve this year.
Goldman Sachs and UBS have positioned their super-wealthy clients into Gold a long time ago, now old Swiss banks are talking openly their books.
Chart by @HedgehogTrader
As Thomas Kaplan, Chairman of NovaGold, said recently:
"Investors are coming back home". Gold is the ultimate hedge and Alaska provides the safe mining jurisdiction where you can keep your rewards after very hard work.
NorthStar gives us his brilliant charts to navigate the stormy waters and we can have a look at the big picture for Gold by cutting all the trading noise.
Chart by @Northst18363337
The Perfect Storm for Gold is here, FED QE tsunami warning is on our streets. Breaking out above $1,900 to the new all-time high will bring more interest to Gold from the investors who are only now waking up that Gold is UP and moving much higher.
Chart by @Northst18363337
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The market is buying into the higher sustained Gold prices. What do you think that price per ounce in the ground is doing? Its valuation is rising exponentially. I am using mentally a $100 per Au Oz in the ground." - Eric Sprott recently provided us with his unique insights into the major drivers of M&A activity in the Gold market. Do your own research, buckle up and enjoy the ride! Stay safe.
Chart by @RonaldS_AuCu
“The times in which we find ourselves bring the mining industry face to face with some particular challenges, but it is within which lies the opportunity of embracing gold’s unique value through which it reminds us of its ultimate purpose; its solid, dependable reliability throughout uncertain times that makes it such an ultimate hedge. TNR Gold’s strategy with the Shotgun Gold Project is to attract a partnership with one of the major gold mining companies. The Company is actively introducing the project to interested parties,” commented Kirill Klip, Executive Chairman of TNR. “We may be at the beginning of a great discovery. There is a clear path on how to move this project forward using the geological and geophysical research currently available to target drilling to expand the resource and form the basis of a preliminary economic analysis. The next step is to acquire a partner that shares our vision and recognizes the growth potential and value to be added to the Shotgun project over time.”
Kirill Klip continued, “We are building the green energy metals and gold company. Energy rEVolution requires secure supply lines of the critical strategic metals like copper and lithium. Our forward-thinking approach allows us to integrate our company into the international capital markets and mining industry in order to accelerate the development of Shotgun Gold Project and extend our royalty portfolio in Green Energy Metals, potentially adding to our core royalty holdings on the Los Azules Copper Project with McEwen Mining and the Mariana Lithium Project under the management of Ganfeng Lithium.”
Please always read legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blog. Always consult a qualified financial adviser before any investment decisions.
Do Your Own Research.
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