Video: West Red Lake Gold works to restart Madsen mine
The company is optimistic about the potential of its Red Lake assets in the storied gold district of northern Ontario.
Today’s August Globex contract covered another vast and choppy range ($17.90)… The underlying fundamental continues to be the insatiable global demand for bullion as a “safer haven” investment. The Gold has developed its own identity and as of late it’s disregarded it’s normal indicators and is being fueled by huge demand from investors who have lost confidence in the fiat currencies.
Expect the volatility and the vast ranges to continue as the Geo-political tensions and economic crisis world-wide should send investors into alternative flight to safety tangible assets …Gold, Silver, and Diamonds if this current global climate persists…..
My Swing Numbers 6/28
RESISTANCE # 2…….$1270.00
RESISTANCE # 1…….$1263.00
PIVOT……………………$1252.00
SUPPORT # 1…………$1244.00
SUPPORT # 2………..$1234.00
Mike Daly / Gold Specialist
PFG BEST
877-294-4669
312-563-8029
312-775-3014
*THERE IS EXTREME RISK TRADING FUTURES, OPTIONS , and FOREX*
