We are very proud to unveil the official hallmark of Baru Gold Corp.
Every element of this design has been carefully selected.
The mountain at the top represents Mount Awu on Sangihe Island and our Canadian roots—symbolising world-class mining expertise, engineering excellence, innovation, & responsible resource development.
At the heart of the bar is a traditional Balinese dancer, celebrating Indonesia's rich cultural heritage. As the artistic centrepiece, it proudly identifies each bar as a product of Indonesia while representing harmony, prosperity, and respect for its people, traditions, and history.
The dancer's graceful movement also symbolises the balance we strive to achieve between economic development, environmental stewardship, community partnership, and cultural respect.
Together, these elements represent the partnership between Canada and Indonesia—combining Canadian mining expertise with Indonesia's mineral resources to produce investment-grade gold proudly "Made in Indonesia."
The gold/silver bull was bucking hard today. Below is the daily HUI (gold miner index) since the breakout last August.
Most of the damage is done, although we could drop another 10% to 550. My expectation is that we will retest 550 before November, and that will be the bottom.
The means gold and silver are likely going lower, but not very much. Best guess! 😉
#Gold has been around longer than most developed nations — and it'll outlast them too. 🇮🇩 #Indonesia knows this better than most, ranking among the world's top 10 gold producers and sitting on some of the richest deposits on earth. The case for #gold isn't theory — it's geology. #Mining #Commodities
$BARU.V $BARU.NE $BARUF
Is gold setting up for a short squeeze amid the Iran deal?
Gold funds posted -$2.3 billion in outflows last week, marking the 4th consecutive weekly outflow.
This brings the 4-week average of outflows to -$2.0 billion, the 2nd-largest on record.
This is only below the -$3.5 billion 4-week average record seen in February.
Meanwhile, the largest US gold-backed ETF, $GLD, has seen -$2.2 billion in outflows so far this month, on track for its 4th consecutive monthly withdrawal.
Year-to-date, $GLD has seen -$8.1 billion in outflows, on track for the first annual withdrawal since 2023.
Conditions are ripe for a short squeeze.
“#Gold’s safe-haven appeal tends to perform best in a financial crisis or growth shock – when real yields fall and the dollar weakens,” she wrote. “A supply-driven energy shock does the opposite. Higher oil prices push inflation up, keep central banks on hold and strengthen the dollar, all of which weigh on gold. High liquidity also makes it a source of funds when investors need to cover losses elsewhere.”
https://t.co/j2Mf5wQOlF
Gold is forever - $5,000/oz is just the start. #mining #miners #investor #investment #