Gold is showing a divergence with the dollar and stocks,
indicating upside potential for the yellow metal in 2019, said
Mike McGlone, senior commodity strategist at Bloomberg Intelligence.
“A lot of the drivers are turning positive.
The volatility of the stock markets is turning up, from the lowest
ever…and the dollar has had a substantially strong year.
The trade-weighted dollar is the best performing major asset class on
the planet this year. It’s up 8% this year, yet gold is trickling,
it’s up/down 6%. To me, I see a sign of divergent strength,”
McGlone told Kitco News.
McGlone added that those pressure factors are likely to go away in 2019,
paving the way for gold to rally.
https://www.youtube.com/watch?v=NrcE85Jdf34
Kirkland Lake Gold Ltd. (KL) Canadian Operations 2018 -
https://www.youtube.com/watch?time_continue=90&v=iuNysrccPLk
https://www.klgold.com/assets/operations-and-projects/canada/operations/macassa-mine/default.aspx
WHY INVEST IN KIRKLAND LAKE GOLD -
Kirkland Lake Gold is focused on producing over 620,000 high quality ounces
in 2018 from our mines in Canada and Australia, with a commitment to
sustainable production, organic growth and
a strong financial position.
2018 Gold Production of > 620,000 oz
Solid operating platform in Tier 1 mining jurisdictions
Strong Balance Sheet
Cash Balance of US$ 230 million at
December 31, 2017
https://www.klgold.com/investors/default.aspx
In GOD We Trust -
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
Happy New Year
God Bless America
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