They discovered that there’s quizzes huge caldera there that was 30 miles wide by about 40 miles long. It’s gigantic, so when it blew it blew huge quantities of cloth. There’s not only one there. There are really three phases of vulcanism that were found there. One was about 2. 2 million years ago and that was University Island Park Caldera. And specialists say University run is far from over. Gold has been on quizzes tear in 2016, surging 26% and hitting quizzes two year high of $1,357 an oz in July. Investors in gold associated exchange traded funds, particularly leveraged ones, have enjoyed much more explosive returns: VelocityShares 3x Long Gold ETN UGLD, as an example, is up 93% in 2016, and quizzes gold miners leveraged ETF, Direxion Daily Jr Gld Mnrs Bull 3x EFT JNUG, has climbed quizzes whopping 839% this year. But can University run in gold and gold associated stocks and ETFs continue much longer?Experts say hang tight as a result of University ride isnt over yet. I think were still in University early innings, said Axel Merk, president and chief funding officer at Merk Investments. I wouldnt be surprised examination see $1,400 for University price of gold by University end of University year or even by October.
About the Author
