Gold Seasonality Chart Plus Gold In Canadian Dollars
There are no 2 months (combined) on the calendar that have proven to be better for Gold than August and September.
Two-thirds of the time over the last 15 years, Gold has jumped in value in both August and September for a combined return of 4.3% – better than even January and February (3.7%) which are also traditionally strong months.
Below is the seasonality chart for Gold going back to 1997.
It’s hard to imagine, therefore, that we won’t see bullion cross the $1,400 (U.S.) barrier in the near future – possibly $1,500 this quarter given the metal’s current momentum and the Venture’s continuing bullish technical posture.
Gold In Loonie Terms
This could get dramatic!
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Venture blows past 800pt at open !!
Comment by tony t — August 2, 2016 @ 5:41 am
CXO strong out of the gate as well…
Comment by Jon - BMR — August 2, 2016 @ 5:41 am
looks like the avalanche is gaining momentum,its a big one,jon,i know you have done this in the past,if your swinging by Granville,apply some pressue to him,its time.
Comment by Laddy — August 2, 2016 @ 6:28 am
One to add to watch list is KG.V Klondike gold, good share structure now after rollback, and backed by big money people, drill program coming up. They think they are on track of Klondike mother lode. Worth D.D.
Comment by charleybarley — August 2, 2016 @ 8:09 am