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....
The former Interior Secretary, Ryan Zinke, is now working in the gold industry. CBS News reported, "Zinke told The Associated Press on Tuesday that his work for Nevada-based U.S. Gold Corp., which focuses on mining exploration and development, would not constitute lobbying. But that company's CEO cited Zinke's 'excellent relationship' with the Bureau of Land […]
What does Brexit have to do with gold? Some investors are actually holding off until they see what happens. Kitco said, "The gold market in the U.K. has people waiting out the Brexit uncertainty without making any sudden moves, Carrasco told Kitco News in an interview." The best outcomes for gold would probably be hard […]
Recommended Read Gold Exploration Is Back (Top News For June 2021) As inflation continues to rise, so do gold and silver. This trend is also driving exploration and development in key mining regions in North and South America. ... Read More »
