Sabre Gold Mines Corp (SGLDF)

[goldenpolarbear]

“...the Barrick-Randgold deal is “positive for the industry” and stresses that “gold-mining stocks are the cheapest they’ve been in more than 20 years relative to the S&P 500.” This offers a “once-in-a-generation buying opportunity” for investors.

The merger may be just the start. “There is no question that the merger of these two industry titans signals a new wave of industry M&A,” says Trey Reik, senior portfolio manager at Sprott Asset Management USA. “There are far too many gold companies, and rational consolidation is long overdue.”... »

https://kerrmines.com

»...In addition to those potential price pressures, gold has historically suffered its worst monthly performance of the year in October. Dow Jones Market Data shows a decline of 1.27% in gold prices, on average, for that month, based on data going back to 1990.

But the trend of gains in the dollar this year may soon shift, offering a lift to gold. The Fed is “very close to scaling back the rate of its telegraphed balance sheet reduction, and this will kneecap dollar bullishness to gold’s significant benefit,” says Reik. “Given the plethora of global wild cards potentially in play, it would not surprise me to see gold challenging recent highs in the $1,350 range in coming quarters.”... »

https://thewest.com.au/business/mining/gold-bull-eric-sprott-outlines-recipe-for-stealing-success-ng-b88978761z

https://www.marketwatch.com/story/why-gold-prices-may-have-already-bottomed-2018-10-05

https://www.gurufocus.com/news/748889/central-trust--investment-co-buys-sprott-physical-gold-and-silver-trust-invesco-sp-500-equal-weight-pimco-enhanced-short-maturity-active-exchangetrad-sells-bunge-gilead-sciences-inc-texas-instruments-inc