Gold is starting to explode! The COT data comes out tonight and we are expecting to see one of the largest single week increases in the managed money gold short position in years!
We expect Augusta Gold (TSX: G) to have resistance in November at $2.50 per share, but after $2.50 it rises immediately to $3.50-$5 per share. Nevada King Gold (TSXV: NKG) will have drilling results for 113 additional drill holes in the weeks ahead!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 224,200 shares of G in the open market and intends to buy more shares. NIA has received compensation from NKG of US$60,000 cash for a twelve-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.