NetworkNewsWire Editorial Coverage: Whoever has the gold, makes the rules—this expression seems apt for 2020, as a confluence of factors has analysts predicting a “golden year” for the mining industry. Three decades of dwindling gold mine discoveries combined with increased industrial demand for gold across numerous industries has put a serious floor under the recent rise of the gold price.
- Gold price up 18.4 percent in 2019 and up about 44 percent since 2018 lows
- Many analysts see gold going to $3,000 and as high as $10,000 per ounce.
- COVID-19 impact and global market of near zero interest rates paints very bullish picture for gold prices, as well as safe haven demand.
- Three decades of underinvestment and over-regulation has resulted in a shortage of new economic discoveries, even as demand from new sources begins to inexorably devour more of finite global production.
Operating in one of the world’s premiere mining jurisdictions, Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) (BFG Profile) controls the mineral rights to a strategic 5,000+ acre land package with exceptional exploration and development characteristics. Located 125 miles Northwest of Las Vegas, the area was ranked number one on the Fraser Institute’s 2018 Investment…
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