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As gold continues to hover around US$2,000 and recovers from last Friday’s sell-off, experts like Jim Wyckoff of Kitco believe that the current market trends are simply normal downside corrections in otherwise strong uptrends. This comes amid economic uncertainty in the United States, which, according to Nadine McGrath of Stockhead, is pushing gold closer to its record price of US$2,075.47 set in August 2020 during the height of the COVID-19 pandemic. With predictions of a potential economic slowdown, it seems that investors may once again turn to gold as a safe haven investment. Kalo Gold is advancing exploration activities at the Vatu Aurum Gold Project, they have launched a geophysical initiative at the Qiriyaga Hill Prospect, started diamond drilling preparations at the Mouta Prospect, and is presently examining more than four decades of exploration data to inform upcoming endeavors. Moreover, Kalo Gold has concluded a BLEG sampling program and a regional-scale infill stream sediment sampling program, with the analysis of both results still pending. submitted by /u/NazzDaxx to r/CanadianStocks |