David Erfle - Gold Market Commentary – Tue 29 May, 2018

Gold vs USD and Recapping The Resource From Revival Gold

With gold up slightly today in the face of the USD continued strength David Erfle from The Junior Miner Junky says this is a good sign. Unfortunately we are not seeing silver share in the rally or stocks on a broad sense. We also discuss the resource released today out of Revival Gold (TSXV: RVG, OTCQB: RVLGF). The stock is getting a buy and continues to outperform.

Please send any questions you have for Revival Gold or Novo Resources to my email – Fleck@kereport.com.

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Comments:
  1. On May 29, 2018 at 10:47 am,
    Matthew says:

    GLD filled Thursday’s big gap today…

    http://schrts.co/DPaQM1

    • On May 29, 2018 at 11:22 am,
      CaliJoe says:

      Gold has a tendency to produce short term bounce during the full moon. I think we will see repeat of that and thus a brief rally in PM sector.

      • On May 29, 2018 at 11:52 am,
        Matthew says:

        Full and new moons tend to mark turns in gold in general —and this one looks like it could deliver more than a bounce.

  2. On May 29, 2018 at 11:55 am,
    CFS says:

    The dollar index is just a BAD index, which simply does not reflect true true dollar strength or weakness.

  3. On May 29, 2018 at 12:32 pm,
    Silverdollar says:

    Watching the DOW especially. Notice how it will gain 30-40 points on a rebound only to be squashed again by relentless selling. I’m beginning to believe it may close on its lows instead of rebounding like dozens of previous sessions. We’ll see.
    Another item to note: TVIX is the most active issue on the NASDAQ. Bank of America most active on NYSE, down 5.6%.

  4. On May 29, 2018 at 1:35 pm,
    Dick Tracy says:

    If Barrick and BHP Biliton can apply isitu leaching to all the other minerals besides uranium, that will be the end of investing in the resource market as we know it. The uranium market is gone because of what is happening in Kazakhistan. If Bob M is right about Titan oil and I believe he is there goes the oil fracking market in a handbasket. Oil fracking will just be too expensive. Investors need to pay attention to AI, and the advancements in technology. DT