Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Part of turning any mine from a simple asset into a productive one involves ensuring adequate financing. Thanks to a large private placement, one Canadian mining firm is poised for a productive couple of years. Goldshore Resources Inc. (TSXV: GSHR;OTCQB: GSHRF ;FWB: 8X00) is a Canada-based junior gold development company focused on the acquisition and evaluation of precious metal mineral propertie...Read More
Chris Temple of The National Investor on one Alaskan metals cooperation with an emerging major multi-billion pound nickel resource.Add Alaska Energy Metals Corp. (AEMC:TSXV;AKEMF:OTCQB) as an immediate BUY as well, among my roster of speculative opportunities.Ultimately, the CA$22 million market cap may end up a pimple on a flea compared to the potential value of this emerging major multi-billion...Read More
Sierra Madre has released its new Mineral Resource Estimate for its newly acquired La Guitarra Project in Mexico. Read on to see why analysts like this company's stock.Sierra Madre Gold and Silver Ltd. (SM:TSX.V; SMDRF:OTCQX) announced in a press release that it has the mineral resource estimate for its newly acquired La Guitarra project, located in Mexico, which was produced by TechSer Mining Con...Read More
One Canadian rare earths company is watching closely as China ups the ante in its standoff with the West over the important metals that one newsletter writer says are "vital."China is upping the ante in its faceoff with the West over the strategic rare earths industry needed for the clean energy transition and advanced electronics, and one Canadian company is watching the developments closely.The...Read More
With impressive drill results, Chris Temple of The National Investor believes that Dolly Varden Silver offers compelling upside exposure to high-grade silver and gold in Canada's Golden Triangle.I'll have much more to say this in the days not far ahead, but for now, I want to give you the name of a company whose story/management has been known to me for many years and where I now see a story too c...Read More
Chris Temple of The National Investor shares why he believes this Canadian gold company's stock remains a Buy.Avino Silver & Gold Mines Ltd. (ASM:TSX.V; ASM:NYSE.MKT; GV6:FSE) REMAINS a BUY.A few asked me about the OCT 27 NEWS that Coeur Mining Inc. (CDE:NYSE) is looking to sell the 14 million shares of Avino it presently owns.I, in turn, asked C.E.O. David Wolfin when I saw him late last week ami...Read More
LONDON, 7 November 2023 - Comment and analysis from BullionVault tonight leads the latest gold price report published by global investment ratings and data service Morningstar.Retesting the $2000 per ounce level last month "[required] a surge of bullish speculation in Comex futures and options, the second fastest jump on current data," the report quotes Adrian Ash, director of research.You can rea...Read More
LONDON, 31 October 2023 - Comment from BullionVault features today in a report from leading German newspaper Handelsblatt about how weak investment demand for gold has so far failed to dent the price of the precious metal."In the long term, consumer demand, along with central bank demand, helps form a floor for gold prices," explains Adrian Ash, director of research.So while these segments of the...Read More
As the concern with geopoliticspeaked, so did gold price. Silver and mining follow. Are you prepared for thelikely outcome?Gold Peaks and SlidesIn my yesterday’sanalysis, I wrote the following about gold: Goldmade a few attempts to move above the all-important $2,000 level and the risingresistance lines, and it failed all of them. The strong short-term momentum isgone, just as the fear of th...Read More
The gold miners’ stocksare lagging gold’s strong young upleg, their gains falling behind. Their striking performance gap is undermininggold-stock sentiment, leaving traders even warier of this sector. While definitely vexing, this anomaly has onlyarisen over the past couple weeks. Goldstocks’ precedent during past major gold uplegs implies this will unwind soon,...Read More
As the Federal Reserve puts a hold on interest rates, investors have to ask themselves whether the elevated inflation rate is also on hold.The Fed’s preferred measure of so-called “core” inflation, which excludes food and energy costs, most recently came in at 3.7%. Despite having fallen substantially since last year’s peak, the official inflation rate has yet to approach t...Read More
With the economic backdrop continuingto deteriorate, silver’s bull case has become increasingly fragile.Ominous Signs AheadWhile silver has bounced off its recentlows, the white metal continues to underperform gold. And whenvolatile areas of the precious metals market showcase weakness (silver andmining stocks) it’s often an ominous sign for the entire sector. In addition,&n...Read More
While geopolitical conflict has keptgold afloat, mining stocks’ weakness signals trouble ahead. EconomicRecession LoomsWhile risk assets attempt to breakfree of their bearish corrections, gold’s relative outperformance hasthe yellow metal shining bright. Despite that, we’ve booked 11-straightprofitable trades, and our 12th (currently open) remains in the gree...Read More
Gold mining stock charts have not yet confirmed a sustainable rally, and Q3 fundamentals may be a headwindWe have used this daily chart of the gold stock ETF, GDX in written and video updates to keep NFTRH subscribers apprised of the progress of the bounce from the early October low (after previously using the chart to manage the long correction that began with the May double top). Let’s upd...Read More
Crisis, crisis everywhere. But objective, free from the noise of the news, forecasting of commodity prices starts here, with our free Special Report ($155 value). The geopolitical landscape is wracked. War in Ukraine, humanitarian crisis in Syria, and now, what Vox Media on October 15 called the "worst conflict in decades" between Israel and Hamas. For mainstream analysts who use news as the main...Read More
Silver has been a major underperformerin recent months, as the white metal proved no match for higher real yields anda stronger USD Index.With silver gunning for its 2023 lows,the recent sell-off has done severe technical damage. And while the weaknesshas been a boon for our GDXJ ETF short position, silver could enjoy ameaningful bounce in the weeks ahead. Yet, the technicals are much better...Read More
Precious metals markets got hammered earlier this week asinterest rates continued their relentless march higher. The 10-year Treasury note recorded its highest yieldsince 2007. Meanwhile, the average conventional 30-year mortgage rate surged to7.31% -- a level not seen since 2000. Higher rates are putting pressure on housing andfinancial markets. They are also hitting consumers and small businesse...Read More
With the fundamental roadblocks addingup, silver confronts a bearish outlook at nearly every turn.With the FOMC’s hawked-up SEP andPowell’s inflation focus upending several risk assets, rising real interestrates continue to weaken silver’s bull thesis.And with the Fed chief promising more of the same on Sep. 20, higher interest rates and/or a recessionare both bullish f...Read More
Fears of inflation remaining stubbornly high, andinterest rates going higher, rattled financial markets this past week. On Wednesday, the Federal Reserve left its benchmarkfunds rate unchanged as expected. However, Fed chairman Jerome Powell left thedoor open for another hike in the near future. He also suggested rates may needto stay higher for longer than previously expected. By Thursday, invest...Read More
Fed hawkishness hasbeen the rankling thorn in gold’s side for 18 months now. Since the Fed started this monster rate-hikecycle, every material gold and gold-stock selloff has been driven by the threatof more rate hikes. Those boost the US dollar,triggering gold-futures selling. But theFed’s hawkish spell over traders is waning. Gold and the miners weathered this...Read More