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.
We do need that final push above the $1,380 level…
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 then the long-term trend has changed and it could keep going up.
"We do need that final push above the $1,380 level before we can really pound the table and say the bear market in gold is over," he said.The GLD gold trust ETF rallied 8 percent in the fourth quarter as the S&P 500 plummeted 14 percent....
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 […]
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Growth in gold production continues in Mexico with Mexus adding more capacity. Mexus' Santa Elena mine is set to increase production alongside their other projects in Mabel and Ures. Recommended Read Mexus ramps up gold production in Mexico Growth in gold production continues in Mexico with Mexus adding more capacity. Mexus' Santa Elena mine is set to […]
