78 78 Page 78 truth is that the long established min ing camps remain fertile grounds Using new technology new theories advanced equipment and new exami nations of old documents and drill results juniors and seniors are mak ing new fnds in areas considered de pleted In fact Going Deep is the new mot to when it comes to considering work ings in long thought mined out areas Also the wise miner looks beyond the political uproars occurring almost daily south of the border and prob lems in Europe and recogni zes that uncertainty in politics is often gold s best friend One gold analy st says that US Presi dent Donald T rump s bullying and threatening style of government will be good for gold in the long run In an interview with Kitco News Martin Murenbeeld of Murenbeeld Co said that in the current environ ment with rising geopolitical risk he expects gold prices to rise to 1300 within the year and wouldn t be sur prised if prices rose to 1400 an ounce In his gold report Murenbeeld used the US trade defcit of as an example of how T rump s policies will be good for gold The president often presents the trade defcit as an example of a faltering economy and how the gov ernment over the years has made poor trade details However Murenbeeld explai ned that the trade defcit isn t exactly as black and white as T rump presents the is sue He explained that the US T rade defcit provided countries with an excess of US dollars which in turn have been used to buy US treasuries If the US tries to increase its exports by devaluing its currency then the ad ministration risks sparking a currency war Either scenario would be positive for gold he said expected to continue rising strongly this year Experts see higher prices for copper lead nickel and zinc that will compensate for subdued price s of alu minium and declining prices of iron ore and tin Mining Life and Exploration News has always been a strong supporter of the mining industry especially when it comes to re minding its readers that demand and prices always go in cycles New cycles of strong growth and higher returns are already under way Optimism in the base metal sector is the result of a tightening in most mar kets especially those facing imminent resource constraints The news spotlight is always on new discoveries and new mining areas the Contd from pg 76 Page 78 WE OFF ER TH E FO LLOWIN G S ER VI CE S A 10 1 C er ti f ie d Inspecti ons and Ser vice Unde rg ro un d Fir e Suppr essi on Vehicl e Fi re Suppressi o n System s Fir e A lar m Sale sInspec ti ons Fir e Exti ngu ishe rs Sal es R echar ging Spri nkler Sy ste m D esi gnEnginee ri ng Ex pert i n s t allation s b y Fac tory T r ained Prof essiona ls Wi nn ipeg 866 441 3473 Regina 877 608 5463 Th ompso n 88 8 778 6848 Page 79