Tuesday, January 17, 2017

Will Trump Bring Down Gold Prices?

You've probably seen the ads urging you to purchase gold.   You might want to investigate Northern Dynasty Minerals Ltd. first.  If the company gets EPA approval for its request to mine the Pebble deposit in the Bristol Bay region of southwest Alaska the price of gold will drop while the price of Northern Dynasty Minerals stock increases.

I had been wondering why some people are so anxious to sell their gold if it is such a great investment. It appears they want to sell before the supply of gold increases causing a drop in gold prices.  Of course they won't warn their customers that the price may drop.