Sabre Gold Mines Corp (SGLDF)

[goldenpolarbear]

"...Credit Suisse and, commensurate with the gold price performance post-the UK’s Brexit referendum vote is seeing things in a much more positive light seeing more upside ahead. ..."

The latest major bank to publish a quarterly update of commodity and FX prices is Credit Suisse and, commensurate with the gold price performance post-the UK’s Brexit referendum vote is seeing things in a much more positive light seeing more upside ahead. They now forecast that they see the gold price continuing to increase through 2016 and believe the $1,500 mark could be tested by late in the year, or early next as the implications of the Brexit vote are clarified, and the U.S. Presidential election weighs on sentiment towards the end of the year.

http://news.sharpspixley.com/article/lawrie-williams-still-stronger-gold-price-ahead-credit-suisse/252124/

"...people looking at different ways to invest, particularly in an environment when the government controls the whole fixed income market, which is negative. At least (in gold), you don't have negative yields, there is no new supply...and falling production," he told CNBC's "Squawk Box."

The yield on the benchmark 10-year Treasury note sat lower at 1.44 percent, while the yield on the 30-year Treasury bond was also lower at 2.23 percent.

Spot gold prices were trading around $1,350 an ounce Monday morning in Asia, about 27 percent higher year-to-date. Prices of the yellow metal hit all-time highs above $1,900 an ounce in August 2011....."
http://www.cnbc.com/2016/07/03/gold-prices-will-hit-record-high-in-next-18-months-as-global-bond-yields-crash-pro.html