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Anglo Asian Mining PLC

Mining Capital's Alastair Ford charts continued strength in gold price

Mining Capital's Alastair Ford addresses suggestions gold could be heading towards a new high of $2000/oz.

''I think that's quite an ambitious target to be setting at this point ... the next breakout number $1525/oz and thereafter the chartists will look for something like $1560/oz''.

''If you're a gold bull then $2000/oz will be the supremely optimistic case but if gold hits those levels then it probably means a lot has gone wrong in the global economy and a lot of other investment asset classes have tanked''.

Quick facts: Anglo Asian Mining PLC

Price: £1.73

Market: AIM
Market Cap: £197.9 m
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Mining Capital turnout 'a good cross-section of industry sentiment'

Alastair Ford looks back on this week's Proactive Investors Mining Capital conference in London. ''The room was full throughout the morning, standing room only at some points throughout the day and a huge amount of interest in the networking room during the breaks''. ''It was...

on 05/04/2018

2 min read