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Alias Born | 03/02/2013 |
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Tuesday, February 25, 2020 6:36:13 PM
"... The coronavirus was the shock that gold was waiting for before moving to higher levels with charts now pointing to an eventual breach of $2,000 an ounce, according to Peter Grosskopf, CEO of Sprott Inc.
“What the coronavirus added [was] a shock to the economy. I would call it a straw that broke the camel’s back. Economies were already at best shuffling along with a lot of weakness in Europe and China, and this is going to just push things over the edge,” Grosskopf told Kitco News on Monday.
Gold is an anti-confidence thermometer and when the precious metal is going up along with the U.S. dollar, it shows that the confidence is starting to break, Grosskopf said. ... "
"... Dealing with the coronavirus fallout means that the central banks around the world will need to go back to heavy easing mode, which is beneficial for gold, Sprott CEO noted. ..."
https://www.kitco.com/news/2020-02-25/Looking-to-2-000-gold-price-Coronavirus-is-the-straw-that-broke-the-camel-s-back-Sprott-CEO.html
I must admit that I hope to hear from Rick Rule or Peter Grosskopf at PDAC 2020?
https://www.pdac.ca/convention/programming/letter-writer-presentations-for-investors/sessions/letter-writer-presentations-for-investors/sprott%27s-thoughts
"... Sprott's Thoughts
DATE
Sunday, March 1, 2020
LOCATION
Room 801
Chair: Sonia Shirprashad, Sprott Wealth Management
TIME
SESSION
4:35 PM - 5:00 PM
Sprott's Thoughts
Speaker(s):
Rick Rule ..."
"... Kerr Mines Inc.
PDAC Booth Number: 2618A
Website: www.kerrmines.com ..."
https://www.pdac.ca/convention//exhibits/investors-exchange/exhibitors?startsWith=k
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/728-tsx/ker/73019-kerr-mines-announces-cdn-2-5-million-private-placement.html
https://kerrmines.com/
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