Technical Analyst Clive Maund shares his view of the gold and silver sector.The week of December 10 was an interesting one in the markets. The markets hang on the Fed's every word as if it is a feudal emperor, which is understandable because, in real terms, it is. So when the Fed said midweek that it was thinking of doing only 2 rate cuts instead of 4, markets took a real exception to this, and it...Read More
Technical Analyst Clive Maund explains why he thinks Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) is an Immediate Strong Buy.Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) is a producing and growing gold miner with District Scale properties in Columbia.Currently, Soma is targeting production of 85,000 ounces per year by 2028.The following slide from the company's investor deck shows the...Read More
Summa Silver Corp. (SSVR:TSX.V; SSVRF:OTC) is advancing its Hughes and Mogollon silver-gold projects in the southwestern United States, with inaugural mineral resource estimates (MREs) scheduled for release in early 2025. Explore how extensive drilling and high-grade discoveries support the companys belief in the growth potential of these U.S. silver-gold projects in the new year.Summa Silver Corp...Read More
Nevada King Gold Corp. (NKGFF:OTCMKTS; NKG:TSX) recently started its Phase III drilling program at its Atlanta Gold Project, according to a Roth MKM research note.Roth MKM analyst Mike Niehuser published a report on December 27, 2024, maintaining a Buy rating and CA$0.65 target price on Nevada King Gold Corp. (NKGFF:OTCMKTS; NKG:TSX). The company has commenced its Phase III drill program at the At...Read More
Global Analyst Adrian Day discusses developments at several companies on his list, some positive, some less so.Barrick Gold Corp. (ABX:TSX; GOLD:NYSE) has initiated international arbitration against Mali over its dispute over its Loulu-Gounkoto mine. This follows a tough statement in response to recent actions by the military junta, saying that conditions had deteriorated to the point where it may...Read More
Trading is a game of decisions.When it comes to playing the markets, you'll have split seconds where your courage and discipline are tested.But sometimes, the real pain comes not from the trades you take, but the ones you don't.I've spent years learning this the hard way.March 2020 was a prime example. Markets were in freefall, panic was everywhere, and opportunities were quietly emerging beneath...Read More
LONDON, 28 December 2024 - BullionVault's latest customer survey features today in a report on the gold price outlook for 2025 from CityAM, the twice-weekly newspaper for London's financial professionals.The survey "forecasts gold will reach a high of $3,070 in 2025, with respondents citing geopolitics as the biggest factor driving their interest in the yellow metal," says the report.Read the full...Read More
Gold truly enjoyed aremarkable 2024, relentlessly powering higher to many new records. Gold achieved a rare monster-status upleg,which proved extraordinarily-unusual. Big gains stacked up despite extreme overboughtness, speculators’exceedingly-overextended gold-futures positioning, and American stock investorsnot yet chasing gold’s upside. Severalsources of major globa...Read More
During Donald Trump's first term, U.S. tariffs on China increased from 3% in 2016 to 19% by the end of 2020.As a result, China's share of the U.S. trade deficit dropped from 47% to 26%. However, it's worth noting that America's trade imbalance continued to rise, as production shifted to low-tariff countries such as Vietnam, Canada, and Mexico.When Biden came into office, the expectation was that h...Read More
It was December 2, 1805. The fields of Austerlitz were cloaked in fog.Napoleon Bonaparte outnumbered and ostensibly retreating, faced the combined might of the Austrian and Russian imperial armies.The Allies believed they had him cornered. They saw the French emperor's lines thinning and his forces retreating from a key high ground, the Pratzen Heights. Sensing an opportunity, they charged forward...Read More
Calm before the storm, anyone?Turning Points AheadSo far, this week has been calm.However, as you read in my previous analysis, the turning points are near andwe still have four more sessions before the end of the year. Bitcoin justfailed to move above $100k again, and it is declining in the pre-markettrading, and S&P 500 futures are down as well. Time will tell if that wasthe beginning of a b...Read More
Calm before the storm, anyone?Turning Points AheadSo far, this week has been calm.However, as you read in my previous analysis, the turning points are near andwe still have four more sessions before the end of the year. Bitcoin justfailed to move above $100k again, and it is declining in the pre-markettrading, and S&P 500 futures are down as well. Time will tell if that wasthe beginning of a b...Read More
Gold truly enjoyed aremarkable 2024, relentlessly powering higher to many new records. Gold achieved a rare monster-status upleg,which proved extraordinarily-unusual. Big gains stacked up despite extreme overboughtness, speculators’exceedingly-overextended gold-futures positioning, and American stock investorsnot yet chasing gold’s upside. Severalsources of major globa...Read More
Gold truly enjoyed aremarkable 2024, relentlessly powering higher to many new records. Gold achieved a rare monster-status upleg,which proved extraordinarily-unusual. Big gains stacked up despite extreme overboughtness, speculators’exceedingly-overextended gold-futures positioning, and American stock investorsnot yet chasing gold’s upside. Severalsources of major globa...Read More
Uranium production is best understood as an industry played out on a geopolitical chessboard.Enriched uranium is used to fuel nuclear reactors. The degree of enrichment is not high. Natural uranium (sometimes called yellowcake) has about 0.7% U-235 isotope. This is enriched to 3% to 5% for use in most reactors (called low-enriched uranium or LEU). Some specialized reactors require uranium enriched...Read More
Calm before the storm, anyone?Turning Points AheadSo far, this week has been calm.However, as you read in my previous analysis, the turning points are near andwe still have four more sessions before the end of the year. Bitcoin justfailed to move above $100k again, and it is declining in the pre-markettrading, and S&P 500 futures are down as well. Time will tell if that wasthe beginning of a b...Read More
Gold truly enjoyed aremarkable 2024, relentlessly powering higher to many new records. Gold achieved a rare monster-status upleg,which proved extraordinarily-unusual. Big gains stacked up despite extreme overboughtness, speculators’exceedingly-overextended gold-futures positioning, and American stock investorsnot yet chasing gold’s upside. Severalsources of major globa...Read More
Calm before the storm, anyone?Turning Points AheadSo far, this week has been calm.However, as you read in my previous analysis, the turning points are near andwe still have four more sessions before the end of the year. Bitcoin justfailed to move above $100k again, and it is declining in the pre-markettrading, and S&P 500 futures are down as well. Time will tell if that wasthe beginning of a b...Read More
As tax loss selling season is in full swing, Streetwise Reports interviewed various newsletter writers and experts to see what buying opportunities they see. The window for tax loss selling, or as Bob Moriarty of 321gold.com put it, "tax loss silly season is that 6-week or so period starting in November and running into just before Christmas when investors clean out the stocks they own that have...Read More
Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) has reported promising results from ongoing metallurgical testing at the La Romanera deposit, part of its wholly-owned Iberian Belt West Project in Spain. Read on to learn how innovative recovery methods are unlocking the potential of this promising polymetallic deposit.Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) has reporte...Read More