{"id":11164,"date":"2026-11-05T09:25:16","date_gmt":"2026-11-05T14:25:16","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=11164"},"modified":"2026-11-05T09:25:18","modified_gmt":"2026-11-05T14:25:18","slug":"gold-up-another-63-this-morning-to-4124-per-oz","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/gold-up-another-63-this-morning-to-4124-per-oz\/","title":{"rendered":"Gold Up Another $63 this Morning to $4,124 Per Oz"},"content":{"rendered":"\n
\n\n

\nGold<\/strong><\/span> is up another $63<\/strong><\/span> this morning to $4,124 per oz<\/strong><\/span>. Over the last six months, NIA has consistently predicted<\/strong><\/span> that gold<\/strong><\/span> would pull back<\/strong><\/span> to a low<\/strong><\/span> of approximately $3,800 per oz<\/strong><\/span> before resuming<\/strong><\/span> its bull run<\/strong><\/span> to $6,500+ per oz<\/strong><\/span>! Since bottoming<\/strong><\/span> last Friday at $3,870 per oz<\/strong><\/span>, gold<\/strong><\/span> has rallied<\/strong><\/span> by $254 per oz<\/strong><\/span> for a gain of 6.56%<\/strong><\/span>!\n<\/p>\n\n

\nThe most oversold<\/span> gold stock<\/span><\/strong> with the most short-term<\/span> upside potential<\/span><\/strong> is Total Metals (TSXV: TT)<\/strong>. Its market cap<\/strong> at $0.23 per share<\/strong> is US$9.74 million<\/strong> and they are currently drilling<\/strong><\/span> at one of Canada’s highest grade<\/span> gold projects<\/span><\/strong>: the High Lake Gold Project<\/span><\/strong> in Northwestern Ontario that it acquired<\/strong><\/span> from McFarlane Lake Mining (CSE: MLM)<\/strong>. The High Lake Gold Project<\/span><\/strong> has a current NI 43-101 mineral resource estimate of:\n<\/p>\n\n

\n• Indicated Resource<\/strong>: 152,000 tonnes grading 9.38 g\/t gold<\/strong><\/span>, containing 45,800 ounces<\/strong> of gold<\/strong><\/span>.\n<\/p>\n\n

\n• Inferred Resource<\/strong>: 287,000 tonnes grading 10.43 g\/t gold<\/strong><\/span>, containing 96,200 ounces<\/strong> of gold<\/strong><\/span>.\n<\/p>\n\n

\nBetween 2022-2024, McFarlane Lake Mining (CSE: MLM)<\/strong> drilled<\/strong><\/span> 20,400m<\/strong> across 79 holes<\/strong> at High Lake<\/strong> with results like 24.96 g\/t Au<\/span> over 14.90 meters<\/strong> (including 43.22 g\/t Au<\/span> over 7.99 meters<\/strong>) in drill hole MLHL-22-06<\/strong>.\n<\/p>\n\n

\nTotal Metals (TSXV: TT)<\/strong> also acquired<\/strong><\/span> from MLM<\/strong> the adjacent<\/span> West Hawk Lake Gold Project<\/span><\/strong> just across the border in Manitoba with a total historical mineral resource estimate from 1983 of 457,000 tonnes<\/strong> grading 13.97 g\/t gold<\/strong><\/span>, containing 204,200 ounces<\/strong> of gold<\/strong><\/span>.\n<\/p>\n\n

\nThe only<\/span> stock outside<\/span><\/strong> of the natural resource sector<\/strong> positioned to make 500%-1,000% returns<\/strong><\/span> over the next 6-12 months is Medicure (TSXV: MPH)<\/strong> and NIA is writing its #1 most important report<\/strong><\/span> in history about the company. NIA’s confidence<\/span> in Medicure is the highest<\/span> of any stock we have ever suggested<\/span> since our founding 18 years ago.<\/strong>\n<\/p>\n\n

\nPast performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA’s President has purchased 87,000 shares of MPH and intends to buy more shares. NIA has received compensation from TT of US$100,000 cash for a twelve-month marketing contract and previously received $100,000 cash for a twelve-month marketing contract which has since expired. This message is meant for informational and educational purposes only.<\/em>\n<\/p>\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Gold is up another $63 this morning to $4,124 per oz. Over the last six months, NIA has consistently predicted that gold would pull back to a low of approximately $3,800 per oz before resuming its bull run to $6,500+ per oz! Since bottoming last Friday at $3,870 per oz, gold has rallied by $254 […]<\/p>\n","protected":false},"author":1,"featured_media":11165,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[365,9,187,414,186],"class_list":["post-11164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-biotech","tag-gold","tag-mlm","tag-mph","tag-tt"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/11164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=11164"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/11164\/revisions"}],"predecessor-version":[{"id":11166,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/11164\/revisions\/11166"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/11165"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=11164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=11164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=11164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}