Tag: Agnico Eagle
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Reeling markets, helicopter cash and a sweet spot for Canadian Gold Producers
Some ask, “if gold is such a safe haven asset, why did it get sold so unrelentingly when the broader indices caught what-for?” Great question. Gold was sold because it was a source of liquidity during a liquidity event. ANYTHING even remotely liquid was sold during the panic, regardless of underlying value or safe-haven caste.…
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Gold – the time is nigh
Gold appears to be setting up for a push higher, perhaps a sustainable push as we enter 2020. From a lowly $1275 in late May, the metal screamed higher topping out at roughly $1570.00 in early September (blue arrow). That was an impressive run. $1570.00 marked a six-year high. We registered our caution in these…