Platinum to Gold ratio has a brief but clear history as a leading indicator for Gold.
Around major bottoms in precious metals, Platinum tends to outperform and lead Gold. Since February Platinum has strongly outperformed Gold while registering an important positive divergence.
Long-term oriented investors and speculators should be aware of the near-term trends but they should also be aware of the conditions that will lead to a shift from a bear market to a bull market.
Highlights: Lesson to be Learned from Gold’s 200 Years Price History Gold Price Projection Based on Technical Analysis Gold Price Forecast Using Elliot Wave Analysis Will gold Surpass US$2000? Overall, 2016 has been a great year for gold and gold mining stocks because the gold’s bottom was confirmed. Gold closed 8.5% higher in 2016 than […]
Gran Colombia Gold Corp (TSE:GCM) is a Canada-based gold and silver exploration and development company. The Company is engaged in the acquisition, exploration, development, and operation of gold properties in Colombia. Gran Colombia is an underground gold and silver producer in Colombia with three underground mines, over two processing plants in operation and five properties […]
Euro Sun Mining Inc. (TSE:ESM) formerly called Carpathian Gold is a gold-focused junior late-stage development company with one mine in development in Romania. Their Rovina Valley Gold project is the second largest gold deposit in Europe holding gold equivalent measured and indicated resources of about 11 million ounces including 7.2 million ounces of gold and […]