InvestorsHub Logo
Followers 1
Posts 151
Boards Moderated 0
Alias Born 10/10/2017

Re: priles post# 80302

Monday, 07/20/2020 11:13:59 AM

Monday, July 20, 2020 11:13:59 AM

Post# of 80983
According to the Citigroup, Bullish factors are building in the gold market are set to see prices take out the record set in 2011, according to Citigroup Inc.

The metal is benefiting from loose monetary policy, low real yields, record inflows into exchange-traded funds and increased asset allocation, the bank’s analysts including Ed Morse wrote in a report. Gold is expected to climb to an all-time high in the next six-to-nine months, and there’s a 30% probability it’ll top $2,000 an ounce in the next three-to-five months.

According to mining news, junior mining companies are finally getting financed. According to Western Copper and Gold CEO Paul West-Sells, "There's more money out there than companies needing to raise which is pretty rare in our industry," said West-Sells"
The question is, "is Maurizio moving forward to get financing so the claims can finally be monetized."
Problem is,he doesn't keep his word to keep shareholders informed.