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.
Comparing the Carbon Footprint of Gold and Bitcoin…
It would seem counterintuitive that an electronic medium of exchange could generate more carbon emissions than mining. But at 17MJ (megajoules) of energy per $1 generated for bitcoin, gold’s modest 5MJ per $1 generated shows that metals are not always the villain in the coming carbon wars.
Projections say that gold will be ready to rally soon. CNBC reported, "The charts are setting up for a bullish move that could take the yellow metal sharply higher, said Miller Tabak equity strategist Matt Maley Wednesday on CNBC's 'Trading Nation.'" Watch for a potential breaking point at $1380. Strategists say that if gold rises above that […]
Gold prices rose last week and are expected to rise more. This is partially due to US – China relations and tariff threats. CNBC said, "The escalation in the U.S.-China trade dispute has weighed on stock markets worldwide and boosted demand for assets viewed as safer." Keep an eye on this in the coming weeks […]
Recommended Read This is the catalyst that could take gold price to $2,100 after selloff - ANZ Gold is back below $1,800 an ounce this week as prices struggle to maintain gains amid rising Treasury yields. Gold is down 3.5% in the last 30 days and down 7.5% in the past six months. At the […]