Sponsored post: In this age, there is said to be an upside risk to gold prices for the second quarter. According to StoneX, which cites an enormous amount of liquidity still looking for a home, gold still has upside potential. The economic recovery is heavily contingent upon administration stimulus and the cushion that it puts under the financial sector and the outlook is yet uncertain. One of the main arguments for gold is that it’s supply and demand. We could be facing the most significant “inflation scare” we’ve seen in 40 years. (1) We could be in the midst of that new leg higher. Let’s look at the gold price chart here as evidence.
These other sectors are said to be rare breeds that might be at an overtraded entry point yet could show significant upside potential. First and foremost, ever since the resource began trading in November, it was said to run approximately 216.67% from its $0.24 low in December to its $0.76 peak in early March. Although it pulled back and approached December, low at the end of April, it’s recently shown signs of a powerful reversal. Since potentially finding support at an estimated $0.28 a share, it’s rallied over 16% to its current price of approximately $0.32. Despite its recent pullback, it could be seeing a powerful trend reversal along with the price of gold (2) Take a closer look, it might be significantly undervalued.
In relation to that, these other sectors are said to focus on acquiring mineral properties with exceptional exploration potential in the most prolific gold-producing regions of Fennoscandia. They are remarked to currently have a prospective portfolio of advanced and early-stage gold exploration properties in Sweden and Finland, including the Oijärvi Project. These other sectors have strategic capitalists in other corporations, involved in executing the exploration programs and providing technical guidance. Their vision is to balance managerial, financial, and technical strengths to create a company with a maximum competitive advantage. Learn more about this competitive advantage and be part of building a world-class gold asset portfolio in Scandinavia and advance these projects to benefit all stakeholders. Check the disclaimer on my profile and landing page.
Source 2: https://stockcharts.com/h-sc/ui?s=GLDL.V&p=D&yr=0&mn=7&dy=0&id=p79430829303&a=949033277&listNum=3
