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....
Recommended Read Colibri Continues Phase 1 Drilling Program at Flagship Evelyn Gold Project Colibri Resource Corporation is pleased to report the re-start of drilling at the Evelyn Gold Project located in the Caborca Gold Belt, northern Sonora. ... Read More »
Aztec Minerals Corp. announces that it continues to intersect gold mineralization extending the California Zone to the North with initial assay results for five additional core holes from the recently completed the Phase 3 core drilling program at the Cervantes Project in Sonora, Mexico.
As the US Fed signals tapering of stimulus, gold prices remain volatile; With inflation sure to return, it may be a wild ride for a while until the impact is understood, with the impact on gold prices felt throughout the economy. Recommended Read Gold drops as Fed points to quicker end to stimulus As the […]
