Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada.
Gold: 45% Chance for a Record by December
: With near unlimited liquidity affecting inflation and consumer prices, gold may see a record by year’s end. Silver too is looking up as a hedge against inflation.
Despite profit taking by futures, gold moves back onto more stable uptrend. As inflation concerns abate a bit, investors see June as bullish. Recommended Read Gold Sees Normal Downside Correction in Existing Price Uptrend Gold Sees Normal Downside Correction in Existing Price Uptrend. Despite profit taking by futures, gold moves back onto more stable uptrend. […]
Gold prices are rebounding. CNBC reported, "Gold prices rebounded on Monday from a near four-month trough hit in the previous session as investors resumed trading after the Easter holiday, with the bullion gaining further traction on higher crude rates." The price of gold is often linked to oil prices and the U.S. dollar. Recommended Read […]