- Gold outperformed all major global bond, emerging market stock benchmarks in 2019
- Gold price increased 18.4% in 2019, expected to skyrocket due to COVID-19-related economic factors
- KGS acquires and develops historic gold mining sites, extracting remaining wealth left behind using modern technology
- KGS recently entered into two options agreements for historic mining sites with proven reserves
Kingman Minerals (TSX.V: KGS) is a Canadian mining company focused on sourcing and developing historic gold and silver properties throughout North America with the aim of using modern technology to extract remaining wealth left behind by previous generations. As the world braces for a coming recession, the price of gold is expected to reach record levels (http://nnw.fm/crqyo), positioning KGS favorably to benefit from the current bullish nature of the gold sector, which is driven mainly by investors diverting capital from less tangible assets to precious metals.
According to a report by the World Gold Council gold is experiencing its strongest gains since 2010, having risen 18.4% in 2019 and with even greater results expected this year. Besides increased market risk and weak economic growth, additional factors pressuring gold upward include lowered interest rates, increased government debt levels and fears that inflation will lower the value of fiat currency. Strong capital flows into…
NOTE TO INVESTORS: The latest news and updates relating to KGS are available in the company’s newsroom at http://nnw.fm/KGS
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