Sage Gold Inc SGGDF

Metals & Mining Gold Industrial Metals & Minerals

Sage Gold Inc engages in the exploration and development of mineral resource properties. It explores for gold, poly-metallic, nickel, and copper. Its primary properties include the Onaman property comprising the Lynx project and the Headway project in the Beardmore/Geraldton Gold Camp; and the Clavos gold project in Timmins.

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Sage Gold Inc > RE..CAD GOLD 1590

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Comment by snowtigerrron Jul 03, 2017 9:57pm

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Post# 26430507

RE:RE..CAD GOLD 1590

We'll see what happens but there has been positive correlation between gold prices and Fed rate hikes historically due to inflation under periods of economic growth. Now both US and Canadian central banks are slowly raising rates. US economy is way bigger and more diversified so rate hikes there are more believable/manageable. With oil prices in the toilet and sky high credit/housing markets in Canada, is it just posturing by the B of C? Whether its a sign of economic strength or eventual recession I'm buying CAD gold producers on dips IMO...

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