CitiGroup $2,500 Gold Forecast for 2021

Citi forecasts $2,500 gold price in 2021

The gold price and related equities remain under pressure as 2020 comes to a close. It remains a frustrating period for many investors, despite the necessary consolidation taking place in precious metals. A perfect storm of epic stimulus and inflation fears took gold to record highs in 2020; now, many investors and speculators are concerned […]

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Barrick Profit Margins Soar in Q3 2020

gold mining

Barrick, it seems, is becoming more profitable by the day. With gold above $1,900 for much of the past quarter, Barrick is benefiting from higher metal prices. Barrick’s Q3 US$3.54 billion in revenue, up from US$2.68 billion, surprised even the most bullish on the street. The gold market remains one of the best performing sectors […]

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Exploring in One of Canada’s Richest Gold Mining Regions

Our crew recently traveled to one of North America’s most famous gold camps: Ontario’s Red Lake Gold Mining District. Those who’ve driven through the Lake of the Woods in Western Ontario know the beauty this region beholds, particularly in fall. A medley of yellow, orange, and red leaves line the highway from Winnipeg to Red […]

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All This From a Gold Miner in 10 Months

Calibre Mining Hits Goals in 2020

In our January 19th, 2020 Letter, we introduced our client Calibre Mining (CXB: TSX), stating at the time that it was “the most fundamentally sound junior gold company we [had] ever introduced.” We went on to explain that Calibre Mining was a “multi-asset gold producer [in Nicaragua] with exploration upside potential and a first-class team.” […]

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