Neil Maedel Blog Post: So what’s wrong with gold? – The Four Horsemen
“This blog is authored by Neil Maedel, a director at Sonoro Gold Corp. The opinions expressed are for general informational purposes only and do not constitute investment advice or recommendation.” So what’s wrong with gold? – The Four Horsemen Recently I was sent a copy of “Snapshot: Gold Mining Sector Outlook” by S&P Global. …
Last Chance? Gold’s Correction Likely Presents a Buying Opportunity
After a declining US $42 Friday at US $1764, on Sunday approximately 24,000 gold futures contracts with a notional value of approximately US $4 billion were sold in what was predictably a very thin market, filling every bid down to US $1677 and, in doing so, gold’s price reached last March and April’s double bottom…