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Tuesday, 19 March 2019

Mining Sector: Will We Have a Famine Or a Feast?


The mining space will not be facing a major bull rally, or “feast” soon, but an inflection point is coming for gold, said John Kaiser of Kaiser Research Online. 

“I think we are in the middle of a turning point, the beginning of what will be a revival of interest in the junior resource sector, and there’s not going to be any glorious trigger. 

I do think that gold is going to develop a subtle uptrend and the key inflection will be when it goes through that 2016 high of $1,370 or thereabouts,” Kaiser told Kitco News on the sidelines of the Metals Investor Forum in Toronto.

- Source, Kitco News