Royal Gold has bounced off strong long term support at the $88 level. In addition we have broken the downtrend line (DT) which has held price down since June, as well as breaking above the horizontal resistance level at 95.70. Some very important technical levels broken and respected here and I would hope to see this move to the resistance area just under the 200...
The relationship between gold and inflation is particularly important. In times of high inflation, in fact, a significant increase in gold prices is usually observed, but this correlation is not always valid and not for all inflation values. In any case, however, gold represents a good defense in inflationary periods, since, in the face of a decrease in the...
Franco-Nevada (FNV) is the largest company within the Royalty market. April 2021, TORONTO, April 19, 2021 /PRNewswire/ - Franco-Nevada has acquired 14.7% of Vale's outstanding Participating Debentures ("Royalty Debentures") from the Brazilian Development Bank ("BNDES") and the Government of Brazil for $538M. The Royalty Debentures provide holders with life of...
ALMA spinout pays us out big. congrats to the lottery ticket holders
Red Lake Gold (RGLD) is back on trend up 26% today after the discovery of multiples gold in soil anomalies at the Clarence Stream north project. It has support around the .355 and should go back up before hitting resistance around the .42. Should skyrocket again around October 08 hitting new ATH. Hope for more news on Clarence Stream and hopefully some good news...
Big order stepping in again. Time to ride this rocket