Fundamentals Point To "Much Brighter" Days For Gold

Current monetary policies have made the precious metals a more attractive investment option, said Alain Corbani, head of commodities at Finance SA.
“My bet, and so far it has been the safest, is to follow what the Fed is saying. So, basically they are saying ‘we are not going to raise rates anymore,’ they are saying that they don’t see a threat on the inflation front. So, the bottom line is real rates will stay where they are. We are going to have a little more inflation … and twin deficits, high debt-to-GDP. I’ll remind you [that these] are the basic ingredients for gold to perform. [It also] means lower U.S. currency, and higher gold price,” Corbani told Kitco News at the Prospectors & Developers Association of Canada convention in Toronto. (show less)

Current monetary policies have made the precious metals a more attractive investment option, said Alain Corbani, head of commodities at Finance SA.
“My bet, and so far it has been the safest, is to follow what the Fed is saying. So, basically they are saying ‘we are not going to raise rates anymore,’ they are saying that they don’t see a threat on the inflation front. So, the bottom line is real rates will stay where they are. We are going to have a little ... (read more)

PDAC 2019

PDAC 2019
PDAC: The World’s Premier Mineral Exploration & Mining Convention is the leading convention for people, companies and organizations in, or connected with, mineral exploration. In addition to meeting over 1,000 exhibitors, 3,500 investors and 25,600 attendees from 135 countries, you can also attend technical sessions, short courses and networking events. The four-day annual convention held in Toronto, Canada, has grown in size, stature and influence since it began in 1932 and today is the event of choice for the world’s mineral industry.

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