No one knows quite sure what is going on, with so much going on at once concerning precious metals.
Mergers and acquisitions on a large proportion have been taking place in the precious metals markets.
With gold climbing to history making levels and showing no reason to retract significantly in the future, even if the pull back that most are waiting for happens, no one denies that gold has the potential to go higher, large amounts of currency will be spent to acquire true value, which is gold. There have been 500+ deals made worth more than $20 billion dollars this year alone.
This could pose well for many mining stock owners.
Congrats to those that will profit from this, we still say to get some gold home in physical form though.
The information reported on above was in result from the following article by Market Watch (Tokyo)