I keep hearing talking heads say there is “rampant speculation in gold”. I am not seeing that in the data I have seen- anyone have any data to support this?
$SA weakness today looks mostly technical + gold weakness. Meanwhile, copper is ripping. Most investors still underestimate copper's role at KSM- one of the main reasons why it's projected to be among the lowest cost producers, once in production.
@RedevelopCF@CNBC When CNBC finally understands money and gold's role as the only true money, it will be time to consider some diversification out of gold. That's no time soon. Until then... $SA
Everything got dumped alittle bit, but gold appears resilient thus far. The gold thesis is stronger now than it has ever been in my lifetime, and on a short timeline, it is anyone’s guess what will happen. Long term gold will return as monetary king.
Seabridge Gold @GoldSeabridge $SA $SEA.TO is up nicely in the past month, but just +28% in the past year. $AU $LUG.TO $GMIN.TO $GFI $KGC & $OLA.TO are up an average of 174%. Seabridge's KSM project in B.C. is a must own asset! Check it out! x.com/peterepstein2/…
Seabridge Gold @GoldSeabridge $SA $SEA.TO is up nicely in the past month, but just +28% in the past year. $AU $LUG.TO $GMIN.TO $GFI $KGC & $OLA.TO are up an average of 174%. Seabridge's KSM project in B.C. is a must own asset! Check it out! x.com/peterepstein2/… https://t.co/X0GNoog80q
The BC Supreme Court schedule re KSM's substantially started designation: Yesterday and today TSKLH presents their arguments, Wednesday and Thursday the Skeena Wild. then the Crown on Friday and possibly over to the following Wednesday (October 1), then $SA October 1 and 2.
The early 2025 gold triangle breakout saw the metal gain almost 10% before the first small consolidation. During the second phase of the break out gold really accelerated, gaining some 25% in total....The current setup has similarities...Source: MARKET EAR $SA
$SEA $SA Seabridge Gold
KSM - 33-year mine life, just 20%
bonus: today's higher commodity prices, leading to positive resource revaluations, are not yet included
Investors gobbled up shares of $MSTR because of its exposure to bitcoin, will they gobble up shares of Seabridge Gold because of its tremendous leverage to a rising gold price? $BTC $SA 📈
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