Bullboard - Stock Discussion Forum Sassy Gold Corp C.SASY

Alternate Symbol(s): SSYRF

Sassy Gold Corp. is a Canada-based exploration stage mining company. The Company is engaged in the identification, acquisition and exploration of high-grade precious metal and base metal projects in North America. The Company owns 100% of the Foremore Project located in the Eskay Camp, Liard Mining Division, in the heart of Northwest B.C.'s prolific Golden Triangle. The Foremore Property covers... see more

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Sassy Gold Corp > Gold is on the cusp of a breakout:

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Post by TanzaniteMotherLode on Feb 16, 2021 6:22am

Gold is on the cusp of a breakout:

I follow Jordan Roy-Byrne, editor of the weekly newsletter THE DAILY GOLD. I find him to be one of the most accurate gold and silver analysts, this is what he said this morning:

Gold has been getting hit due to the rise in bond yields. I've explained how initially that would be negative for Gold.

However, this ratio shows that Gold is on the cusp of breaking to a 6-year high against Bonds. That signals Gold is trying to decouple from Bonds, which have dragged down Gold.

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