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Jim Rickards: Gold's historic rally
By James Rickards
The Daily Reckoning, Baltimore
Friday, February 28, 2025
Even casual observers know that gold has been trading near all-time highs lately. The dollar price of gold has been trading around $2,955 per ounce, quite close to the all-time closing high and near the recent intraday high just below $3,000 per ounce. Since November 1, 2022, gold has rallied from $1,650 per ounce to $2,955 per ounce, an 80% gain in 28 months.
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Since the U.S. dollar is also near interim highs based on leading indices, gold's performance when measured in euros, sterling or Swiss francs is even stronger.
We expect this trend to continue and to push gold solidly above the $3,000 per ounce level on its way to even higher levels in the months ahead. ...
... For the remainder of the report:
https://dailyreckoning.com/golds-historic-rally/
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Barksdale Resources
Dolly Varden Silver Corp.
Dryden Gold Corp.
Group Eleven Resources
Guanajuato Silver
IBK Capital Corp.
Independent Trading Group
Mining Discovery
Power Nickel
Silver North
Strike Point Gold
The National Investor
The Prospector
Western Alaska Minerals
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