Double whammy coming?As we await ongoing results on about 50 drill core sample from Dec.
Bob Moriarty and ‘The Golden Triangle’ today.
Moriarty writes about a recent pick in the Golden Triangle. What he says about that pick could very easily apply to Dec. as those that deliver good results will jump in value. Exactly what Dec. is doing … with past results and very positive expectations on the ones to come over the next several weeks.
Excerpts:
“The market has been more than willing to reward exploration companies showing high-grade gold results lately … In short, when companies actually do what they say they are going to do and deliver good results, the market will reward shareholders…. Obviously the Golden Triangle is hot.”
What about gold performance?
From Sprott’s Trey Reik: “Gold & Silver Will Perform Far Different If A 2008-Style Stock Market Collapse Unfolds:
“Interestingly, during the 1377-point, 5.2% decline of the Dow Jones Industrial Average on October 10 and 11, spot gold rose 2.9%. Even more impressively, the venerable Philadelphia Stock Exchange Gold & Silver Index (XAU) soared 7.84% over the two-day span. Suffice it to say, these divergent performances herald far different market conditions for precious metals in