Why Gold Hasn’t Skyrocketed Yet: One Obstacle Remains – Analyst – Source – Kitco News (03/07/2019)

Before we see gold move higher, silver has to show some signs of life first, said Derek Macpherson, vice president of Mining Analysis at Red Cloud Klondike Strike Inc. “We’ve seen gold rally, but we didn’t see silver rally, and normally silver leads a gold rally, and we haven’t seen that yet. And so I think we need to see silver move a little bit and then I think we’ll be off to the races,” Macpherson told Kitco News on the sidelines of the PDAC 2019.

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