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Panthera Resources Plc

The Next Inflection For Gold Will Be $1,370, Says Expert

The mining space will not be facing a major bull rally, or “feast” soon, but an inflection point is coming for gold, said John Kaiser of Kaiser Research Online.

“I think we are in the middle of a turning point, the beginning of what will be a revival of interest in the junior resource sector, and there’s not going to be any glorious trigger. I do think that gold is going to develop a subtle uptrend and the key inflection will be when it goes through that 2016 high of $1,370 or thereabouts,” Kaiser told Kitco News on the sidelines of the Metals Investor Forum in Toronto.

Panthera Resources Plc (LON:PAT) was incorporated in the UK and Wales in 2017. The company is focused on its gold exploration and development projects in India and West Africa and the optimisation of other mineral projects.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.