TSXV:KS - Post Discussion
Post by
Charts1 on Oct 18, 2020 9:54am
KLondike silver . Gold news
the IMF made it pretty clear that it is not interested in selling any of its gold, saying that "gold reserves provide fundamental strength to the IMF's balance sheet."
Going forward, analysts will be focusing more and more on election headlines. And with markets already in countdown mode, T.D. Securities issued a report stating that gold is "agnostic" to whichever candidate wins the election. However, a 'blue wave' at the polls is estimated to trigger the biggest gold rally.
Making this year even more bizarre was the news that Costco in the U.K. have entered the gold bullion market. This move really puts this year's massive gold rally into perspective, with even large wholesale retailers like Costco trying to capitalize on the gold trend
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