KSN 1.22% 8.3¢ kingston resources limited

Ann: High Grade Mineralisation Confirmed Over 400m Strike, page-11

  1. 2,741 Posts.
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    Looking at the broader markets gold seems the insurance got into a few more this week

    and looking at the times now are parallel to the 70s

    during that time gold went from about $50 early 70s to spike to about $900 usd in 1980 about 18x then a twenty year bear market

    which at todays inflation adjusted is about $3400 usd in todays money the slower the climb the higher it gets

    during the 70s broader markets getting belted and the best performance was from gold oil and uranium


    geopolitical issues are getting bigger not only the latest with Iran and Israel going tit for tat but over the last few years

    geopolitical issues have been building

    I like Kingston they have cash a good jurisdiction which is a big plus and a nice resource


    imo
 
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