Tag Archives: gold
Where is gold price headed?
Its April 2025 and gold is hitting all time highs day after day! Who knew? Obviously someone
knew, collectively or solo, and now everyone knows. Gold is now one of the best performing assets over the past 25 years after trading under an astonishing $300.00 per ounce back at the turn of the century.
Many times there doesn’t seem to be much rhyme or reason to asset and commodity prices until after the fact and the meteoric rise of the gold price is causing a lot of people to scratch their heads, however here we are.
The next question is which companies are still a bargain in order to make some profit from golds explosive rise? Some people are buying the senior gold mining companies and some are waiting for silver to follow and positioning themselves in silver companies. Some people are taking a very close look at gold juniors since they can be very profitable if you happen to have a substantial position at the right time in the cycle.
As we can see from the XAU/GOLD chart below the correlation between gold miners and gold has been much much higher than the current level. So will the general public discover gold miners and pile in and take their share prices back to the lofty historic levels? There are always value seekers so we shall see.
There are many opportunities and couple juniors we have owned for a number of years, Amex Exploration Inc. (AMX.V) and GTWO Resources (GTWO.TSX) .
Both companies have discovered substantial deposits of gold, AMX in Quebec and GTWO in Guyana. AMX has a glitch when they released their MRE since the estimate was lower than they had been hoping for and the market had been suggesting. However they have charged on and the interest seems to have picked up very recently with volumes and price both increasing.
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GTWO has been on a steady uptrend for the past year as their discoveries keep getting larger and investors can see that Anglogold has been steadily buying in the open markets.
Both of these juniors are looking healthy and seem to have more upside and possibly substantially more upside as the price of gold continues to rock and roll!
Stay tuned…
Gold Hitting New All Times Highs in 2025!
Gold has been hitting new all-time highs in early 2025 due to several key factors. Central banks worldwide are aggressively buying gold, reducing reliance on the US dollar amid geopolitical tensions. The US Federal Reserve’s shift towards cutting interest rates makes gold more attractive compared to yield-bearing assets. Inflation concerns continue to drive investors to gold as a hedge.
-Additionally, global economic uncertainty and potential US policy changes under President Trump, including tariffs and spending, add to the bullish sentiment. These elements combined suggest a strong demand for gold, pushing prices to historic levels as forecasted by various analysts.
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China – Approximately 370 metric tons.
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Russia – Around 310 metric tons.
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Australia – Also around 310 metric tons.
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Canada – Approximately 200 metric tons.
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United States – Around 170 metric tons.
Romios announces appointment of new CEO Stephen Burega
It looks like an exciting new day for Romios with the appointment of Stephen Burega as CEO!
Mr Burega was formerly serving as President of Romios.
Press Release announcing appointment.
Tom Drivas who founded the company approximately 27 years ago is stepping down. Mr. Drivas has assembled what we see as an impressive assembly of land claim packages over the years, with a significant deal being done with Enduro Resources a few years ago on several of their B.C. Golden Triangle claims.
The company plans to focus on Nevada moving forward.
“Plans are currently underway to move the Company’s assets forward with a focussed effort to streamline our approach and to bring our Nevada assets to the forefront of future exploration activities. We are actively looking for strong partnerships for our core assets in British Columbia and Ontario. All exploration activities will be supported with a well-developed communications and marketing effort that began in early 2022 to re-introduce the Company to the investing marketplace.”
With the recent addition of highly experienced geologist Joh Biczok we are seeing this as a very exciting next stage of development for Romios. Mr. Biczok has close to 40 years of experience and is a registered Professionial Geoscientist in Ontario
Mr Biczok spent 12 years conductiong research and exploration at the Goldcorp Musselwhite Mine most recently as senior exploration geologist and senior research geologist.
Stay tuned for more exciting developments from Romios, a very well positioned exploration junior.