Record Highs for Gold Amid US Election Uncertainty Gold has reached record highs as investors seek a haven amid a tightly contested U.S. election, driving its best annual performance since 1979. Initial demand from central banks and Chinese buyers has expanded as political and economic uncertainty boosts interest in the metal. Analysts note that gold thrives in times of geopolitical tension, with investors expecting more gains regardless of the election outcome.
A close or disputed result could spark additional demand for safe assets like gold, while a clear victory might stabilize markets but still support long-term gains due to fiscal spending plans from both candidates. Rising U.S. Treasury yields, along with concerns about inflation from increased government spending, further position gold as a preferred hedge, indicating continued strength ahead. (Source:
https://www.bloomberg.com/news/articles/2024-11-01/traders-see-gold-as-a-surefire-bet-as-coin-toss-election-looms?embedded-checkout=true)
Amid an ongoing +60,000-meter diamond drill program, Vior Inc. (VIO.v VIORF) has emerged as a unique opportunity having completed the first 19 holes at its Belleterre Gold Project in Quebec.
These first results revealed sulphide mineralized quartz-veining in altered mafic volcanic rocks, confirming the extension of mineralization and alteration beyond historic production areas with intersections including up to 16.6 meters of sulphide mineralized zones.
With 15 holes intersecting typical Belleterre Mine-style sulphide mineralization, enhancing the understanding of the system’s structure and continuity, these findings align closely with the geological model, supporting potential extensions beyond known mineralized zone
Furthermore, VIO recently announced the appointment of Former Barrick Gold employee, Marian Moroney, to its Board of Directors. Having spent over two decades at ABX as well as served on multiple influential boards including PDAC, Moroney is a seasoned Exploration and New Opportunities' executive with a wealth of knowledge in exploration, strategic planning, governance, and mergers and acquisitions.
For more information, refer to this deep dive:
https://www.reddit.com/r/RichTogether/comments/1gfw5c1/vior_inc_tsxv_vio_expands_leadership_with_former/ Posted on Behalf of Vior Inc.