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Uncertainty in the global financial market continues to boost gold price in the first month of 2017 as investors considered the precious metal as safe-haven asset. Societe Generale Head of Metals Research Robin Bhar said in a statement, “Trump’s stance on trade and protectionism has been well aired and it will always be a key factor. But until we get more clarity on what exactly it means, this should help to underpin gold…
This year there are lots of uncertain political events, including elections, so if you looking for a bit of a refuge from stormy seas gold will be one of those safe assets that you would park some money in.”
Fiore Exploration Ltd. (TSX-V: F.V) (OTCQB: FIORF), Barrick Gold Corporation (NYSE: ABX) (TSE: ABX.TO), Agnico Eagle Mines Ltd. (NYSE: AEM) (TSE: AEM.TO), McEwen Mining Inc. (NYSE: MUX) (TSE: MUX.TO), B2Gold Corporation (NYSE: BTG) (TSE: BTO.TO)
@Farmboy, neat photo.