The sensible view would be that the gold mining sector is due for a pause or correction. However, as illustrated, elements are in place for a potential melt-up stunner as well.
Mid-tier and junior gold miners just finished reporting spectacular record quarterly results! In the sweet spot for sector upside potential, smaller gold miners’ fundamental performances handily bested their larger peers’. They shattered every major financial record...
The Fed will likely follow a bond market temporarily shifting back to its traditional role of “safe haven” as the economy decelerates and inflation signals resume fading.
Gold miners just finished reporting their best quarterly results ever. Mainly thanks to amazing record gold prices, its miners achieved epic record revenues, record unit profits, record bottom-line earnings, and record operating cashflows.
