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Message: Re: Charts & Comments - $CDW:$Gold

Mar 27, 2015 02:01PM

$CDW:$Gold Monthly

The Monthly $CAD chart maintains a very bullish posture. Usually when gold price advances are in order, they will advance in several currencies before advancing in all currencies. A good sign is an advance in silver prices before gold prices.

Canadian interest rates are below inflation, meaning further resets of interest rates lower will be positively reflected in gold prices. $CAD gold prices are sufficient to support a very robust return in the La Ronge Gold Project.

http://scharts.co/1FW2pCF

Gold futures continue their march towards backwardation:

http://quotes.ino.com/charting/index.html?s=NYMEX_GC.M15_Z20.E&v=dmax&t=l&a=0&w=30

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