Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
A robust gold price, new West African production, and strong performance from mining operations contributed to a 42% increase in revenue and an 81% increase in adjusted net earnings for Kinross Gold during the first quarter.
Meanwhile, Kinross has increased 2011 full year-production guidance to 2.67 million – 2.7 million gold equivalent ounces as a result of increasing the company’s Kupol interest to 100%.
