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Bullboard - Stock Discussion Forum Gold Mountain Mining Corp T.GMTN

Alternate Symbol(s):  GMTNF

Gold Mountain Mining Corp. is a Canada-based gold and silver exploration and development company. The Company is focused on resource expansion at the Elk Gold Project, a producing mine located approximately 57 kilometers (km) from Merritt in South Central British Columbia. The Company considers itself to operate in a single segment, being the production of crushed ore, containing both gold and... see more

TSX:GMTN - Post Discussion

Gold Mountain Mining Corp > Agreed 100% Jim Wyckoff and as for …
View:
Post by GoldenPolarBear on Mar 27, 2024 5:33pm

Agreed 100% Jim Wyckoff and as for …

"... (Kitco News) - Gold prices are posting double-digit gains in midday U.S. trading Wednesday, supported by a fully bullish technical posture that is prompting chart-based speculators to play the long side of the market. Silver prices are slightly up. April gold was last up $13.80 at $2,191.10. May silver was last up $0.087 at $24.71.

It was a quieter trading affair at mid-week. However, it’s a very busy U.S. data release schedule Thursday, including U.S. Q4 GDP data as well as a major USDA crop planting intentions report. U.S. markets are closed Friday for the Good Friday holiday but personal income and outlays, including PCE inflation data, will be released that day. ..." Agreed Jim Wyckoff


https://www.kitco.com/news/article/2024-03-27/gold-sees-decent-gains-technical-buying

"... 
Indeed, investors are turning to the safety of gold in large numbers, driving its price to an all-time high of $2,125.89 this past December. That mark was surpassed earlier this month with gold trading at $2,160 per troy ounce, and most recently, gold's price hit $2,170.16 on March 22.

Investors considering the precious metal, then, would be served by understanding where the price of gold could be heading. Below, we'll  take a closer look at what's behind gold's rising price trend and just how high the price of gold will go...."


https://www.cbsnews.com/news/how-high-will-the-price-of-gold-go-heres-what-some-experts-think/

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