Gold loses some luster after Trump’s decisive win
Gold’s slide is a marked turnaround for a commodity that had surged by more than 30% in the year leading up to the US vote.
The mining industry’s overhang is visible in the number of attendees at the Prospectors & Developers Association of Canada’s 2014 Convention held in Toronto last week.
The PDAC organizers say 25,000 people attended the show. IKN, which compiled the chart, notes that 2012 was the convention’s record year of 30,369.
In a new release the PDAC says it’s organizers were “. . . thrilled with the turn out.”
“The mood was very optimistic amongst attendees,” says new PDAC President Rodney Thomas.
The PDAC says the annual convention is the industry’s largest gathering.
Image from San Diego Air & Space Museum Archives