Sabre Gold Mines Corp (SGLDF)

[goldenpolarbear]

“...(Kitco News) - Gold prices are solidly up and hit a 10-month high in early U.S. trading Tuesday. Technical buying and ideas of easier monetary policies being put in place by the world’s major central banks are boosting the precious metals markets. The gold and silver bulls are especially impressed by the ability of prices to rally in the face of a strong U.S. dollar index. There are no early chart clues gold’s push higher will end anytime soon. April gold futures were last up $12.70 an ounce at $1,334.90. March Comex silver was last up $0.087 at $15.83 an ounce.

The Federal Reserve’s FOMC minutes are due out Wednesday afternoon and will be closely scrutinized by traders and investors. The recent change in Fed policy stance to one of more accommodative monetary conditions has been a significantly bullish underlying factor for the metals markets.

Asian and European stock markets were mixed to lower overnight. U.S. stock indexes are pointed toward slightly lower openings when the New York day session begins, following a three-day U.S. holiday weekend. Traders and investors are not as upbeat this week as last, even though there are no major fresh news developments in the markets.

The ongoing U.S.-China trade talks taking place this week in Washington, D.C. will be closely monitored by the world marketplace. Ideas are mixed on a final deal being reached by the U.S.-imposed early-March deadline.

The U.K. Brexit saga continues to play out, with no deal in place as the late-March deadline approaches for that country to leave the European Union.