Au Hits 1,745Asian markets are continuing to crash and gold is continuing to climb.
The situation will likely settle down and gold will fall back but I suspect it will stay at elevated levels. This is going to give a major boost to Sandstorms bottom line and will assist all of Sandstorms mines in their production and exploration expansions.
Here is a BNN clip of CIBC Chief Strategist Peter Gibson who see this as just a correction that can be taken advantage of:
https://watch.bnn.ca/#clip513313