The heavily doctored CPI data increased to 5.0% in May after a 4.20% increase in April. In other words, real-world inflation is somewhere between 10-15%.
Thus this gold-stock upleg remains young, with the lion’s share of its gains still yet to come. This sector will follow gold higher, amplifying its gains because of the miners’ inherent profits leverage to gold
This maiden drill program focused on understanding geologic structures associated with the silicified lithocap located on the southern end of the East Camp Douglas property located in Mineral County, Nevada.
Goldsource mines has begun to rapidly advance its Eagle Mountain Project in Guyana after a significant increase in gold resources and a PFS on the way.
The gold miners’ stocks are enjoying mounting gains, with their young upleg continuing to power higher on balance. Their recently-reported Q1 results revealed strong fundamentals, fully justifying better stock prices.
