Why Canada Could Be Home To The Next Great Gold Rush
But many still might not have missed the mega-rally.Mentioned in today's commentary includes: Barrick Gold Corporation (NYSE: GOLD), Newmont Corporation (NYSE: NEM), Yamana Gold Inc. (NYSE: AUY), Kinross Gold Corporation (NYSE: KGC), Kirkland Lake Gold Ltd. (NYSE: KL).
- But many still might not have missed the mega-rally.Mentioned in today's commentary includes: Barrick Gold Corporation (NYSE: GOLD), Newmont Corporation (NYSE: NEM), Yamana Gold Inc. (NYSE: AUY), Kinross Gold Corporation (NYSE: KGC), Kirkland Lake Gold Ltd. (NYSE: KL).
- The gold moguls are now stockpiling gold assets because they understand that the rally has legs and agrowth runway long enough for multi-year gains.
- The irony about gold is that our modern technologies have not been able to improve much on the supply side of the equation.
- Peak gold refers to the point where gold production reaches a zenith and then starts tail spinning, with production declining faster than ever.