I think once the biases of the Fed moving from aggressive interest rate increases to moving to neutral rate increases plus other influences in the markets is when buyers will look at alternative safe havens like GOLD and gold stocks. I think personally their is a lot more pain to be had in the markets before the shift happens and buyers return back to GOLD. On the other hand if Russia ends up dropping a nuke, I would be moving from the side-lines and jumping more aggressively back into GOLD stocks. Very happy with my position in Gateway Mining. Mark Cossom in his last video presentation talks about joining Whistler, Evermore & Montegue Boulder mines covering some 2.5km as one shallow mine and if that happens will be a game changer for all GML shareholders. They are continuing drilling between these three deposits to see if this is the case. Still plenty of results yet to be released once the Labs get their s--t together. Sounds like another business opportunity.
GML Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
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