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Signal Gold Inc. T.SGNL

Alternate Symbol(s):  SGNLF

Signal Gold Inc. is focused on gold mining, development, and exploration company in the top-tier Canadian mining jurisdictions of Nova Scotia & Newfoundland. The Company is advancing the Goldboro Gold Project in Nova Scotia, a significant growth project subject to a positive Feasibility Study. Signal Gold also operates mining and milling operations in the prolific Baie Verte Mining District of Newfoundland which includes the fully permitted Pine Cove Mill, tailings facility and deep-water port.


TSX:SGNL - Post by User

Post by NLMooseon Aug 09, 2021 9:37am
141 Views
Post# 33671144

Gold Needs To Get Its Act Together

Gold Needs To Get Its Act Together

Over the last few weeks, gold has been struggling to get back above $1,800 US per ounce.

However, its now trading well below the $1,900 per ounce averae set last year at nearly $1,740 per ounce.

Can't wait for American investors to see the light in stop buying treasuries and bonds as they don't generate real returns and yields you earned are paid simple interest as opposed compounded like a savings account, and start buying investments that generate real returns and protects you from volatility like Gold.

Keep in mind that if you buy a treasury or bond, and the market rate goes up, you're actually losing money as yields don't change.
 

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