Is Gold Undervalued? When the world experiences economic uncertainly, major geopolitical risks, and high risk of stagflation or a "recessflation" (meaning recession and inflation), these fundamentals usually favour gold.
However, in spite the fundamentals going in Gold's favour, the commodity continues to go lower and lower, even well below the standard of $1,800 US per ounce.
Also adding to gold's problems are concerns that Signal Gold are struggling with its stock price now reaching 52 week or even record low levels, which is conduct unbecoming of a Gold Superstar.
At the end of the day, if Vulcan Minerals (whom are also in the Gold Business, not just focusing on Salt), are doing well, but Signal Gold are not, you know that something is wrong.