Frank Holmes "Gold's Latest Swing Lower Could be ... Gold's latest swing lower could be a screaming buying signal.
Frank Holmes, who runs an investment management firm specializing in gold, says he's optimistic that the precious metal could rally by more than 20 percent within the next 12 months — a forecast that's not just based on "fear" of a negative geopolitical event, rising interest rates or an economic soft patch.
"There is the 'love' driver, and that's also very significant, the U.S. Global Investors CEO and CIO said Wednesday on CNBC's "Trading Nation."
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IMO Nexus Gold is a junior gold explorer with 2 very good properties in a hot gold mining area of the world.
Junior stocks investors are high risk takers, all of us !
We all are betting on the same horse ( the project) and the jockey ( the management).
The drills and the reported assays will tell the truth in the long run.
That is either Nexus Gold is on it's way to a new gold deposit (s) that has the mineable and economic merits or not.
Some investors will dump on technical signals and forget about the fundementals and others will buy and sell for other reasons.
“Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”
Source: Warren Buffet