Gold is at an all-time high, resource stocks are jumping, so when does the market start to notice?

Описание к видео Gold is at an all-time high, resource stocks are jumping, so when does the market start to notice?

Good gold prices are delighting several miners, said David Erfle, founder and editor of the JuniorMinerJunky.com.

On Thursday Erfle recorded Digging Deep with Kitco correspondent Paul Harris at the 2024 Precious Metals Summit Beaver Creek in Colorado.

Gold hitting all-time highs is a welcoming sign.

“I've spoken with several happy management teams the past few days that have been de-risking large high margin, late-stage projects and are enjoying their respective share prices bifurcating from the sector,” said Erfle.

Erfle noted there had been some big equity moves in recent weeks. He wondered if the moves will catch the interest of the broader investment community.

“Will we see more generalist investors finally come back into this tiny sector after leaving over a decade ago?”

Erfle said gold could hit $3,000 ounce by 2025. Debt worries, war and a potentially chaotic election are tailwinds for gold.

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Digging Deep is brought to you by Revival Gold. Revival Gold is one of the largest, pure gold, mine developers in the United States. The Company is advancing engineering and economic studies on the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho.

Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. The Company is headquartered in Toronto, Canada, with its exploration and development office located in Salmon, Idaho.

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