It’s a good debate: Where is the bottom for gold?

Under new management - brought to you by r/SilverDegenClub

Will be cleaning up, adding sidebar, and adding content over the next couple weeks. Bear with us folks :)

It's Time To 'Proof' Portfolios From Looming Recession

Gold typically sells off prior to a recession and only begins to rally after it’s begun, but its rally in recent weeks suggests the precious metal, along with silver, is sending a signal that this will not be a typical slump

miningstocks #preciousmetals #commodities

https://www.nxtmine.com/economics/its-time-to-proof-portfolios-from-looming-recession/

Newmont just raised its offer to purchase Newcrest last week. This would put more distance between Newmont and Barrick, with Newmont being the much larger company. Barrick has wanted to be the largest company for years. Newmont is the larger company (Barrick #2), and the Newmont – Newcrest merger will just make it worse. The Hycroft reserves would be a very easy way for Barrick to keep up. Barrick hates being number #2

Why Gold Is a Must-Have During a Banking Crisis

Many banks could be overleveraged and – despite new liquidity "tools" created by the Federal Reserve – may ultimately be unable to cope with a rush of depositors looking to yank their deposits.

miningstocks #preciousmetals #commodities

https://www.nxtmine.com/precious-metals/why-gold-is-a-must-have-during-a-banking-crisis/

goldprice Outlook as BRIC Countries Work to Dethrone King Dollar

Over the years, gold has done better than the US dollar and other currencies. And as gold mine reserves dwindle, the price could continue rising.

miningstocks #preciousmetals #commodities

https://www.nxtmine.com/precious-metals/gold-price-outlook-as-countries-work-to-dethrone-king-dollar/