Experts point to heightening global demand for silver and say the pressure to find more will only increase. Read to see why these royalty companies may be a good exposure to the upside with less risk.Experts point to heightening global demand for silver and say the pressure to find more will only increase.It's the most conductive element in nature and important to the green energy transition as it...Read More
Its stock is at a good entry point, a technical analyst says. Discover why he finds this Canadian explorer, with recently announced news, attractive.Xplore Resources Corp. (XPLR:TSX; XPRCF:OTC) has been making moves as of late. On June 26, it was announced that Xplore Resources had finalized a deal they announced on June 6, 2024.With this deal, Xplore Resources Corp. will grow its presence in the...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of copper and gold and explains his positions in some stocks.When I started writing a newsletter decades ago, I did so for two reasons. The first was to condense communication to one mailed letter rather than several hundred telephone conversations; the second was to clarify my own thoughts. By that, I mean taking the...Read More
Michael Ballanger of GGM Advisory Inc. takes a look at the current state of copper and shares his recommendations for two stocks. USD dollar index futures are lower by 0.43% after the jobs report came in, which is as neutral as could be imagined despite the fact that 70% of the new job creation was tied to government spending.Gold (+0.4%), silver, oil (+0.17%), and the mighty copper (+2.88%) are a...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 3 points at 8:30 AM EDTMorphic Holding advanced $24.57 to $56.41 after Eli Lilly agreed to purchase the company at $57.00 per share. Value of the offer is $3.2 billion. Paramount Global added $0.28 to $12.09 after the company agreed to a merger with Skydance.Corning added $2.71 to $41.15 after the company raised second...Read More
Geopolitical/financial risks are proliferating and becoming more difficult to predict or hedge for a very basic reason:The era of global integration and accord has ended and the era of global disintegration and discord is heating up.In historian Peter Turchin’s terminology, when everyone finds reasons to cooperate, the result is an era of accord; when everyone finds reasons not to cooperate,...Read More
If you’ve got any exposure to gold or other precious metals, congrats! The first half of 2024 has been an absolute thrill ride.You may recall that gold closed the month above $2,000 an ounce for the first time late last year a breakout that'd been a long time coming.This breakthrough cleared the way for gold to soar to its next psychologically important milestone of $3,000 an ounce.Given h...Read More
--News Direct--US Gold Corp CEO George Bee joined Proactive's Stephen Gunnion with the latest developments at the company's CK Gold Project in Wyoming. Bee highlighted the strategic advantages of the project's location, emphasising Wyoming's resource-friendly environment and infrastructure. The state supports mining activities, which align well with US Gold Corp's operations, making it a favourab...Read More
Dakota Gold Corp. intersects more higher-grade Tertiary epithermal gold mineralization in the historic Homestake District of South Dakota. Find out why one analyst says the results "hit the mark."Dakota Gold Corp. (DC:NYSE American) announced it has intersected additional higher-grade Tertiary epithermal gold mineralization in the Unionville Zone of its Maitland Gold Project in the historic Homest...Read More
Dakota Gold Corp. (DC:NYSE American) recently announced drill results from eight additional holes targeting the Unionville Zone at its Maitland Gold Project, according to a Canaccord Genuity Corp. research note.Canaccord Genuity Corp. analyst Peter Bell, in a research report published on July 9, 2024, provided an update on Dakota Gold Corp. (DC:NYSE American) following the company's announcement o...Read More
The world is switching to greener sources of energy, there's no debate over that. Some major companies are producing the metal worldwide, but it's also possible to invest in smaller companies that could break out.The world is switching to greener sources of energy; there's no debate over that.Many metals once prized for other uses are now valued for properties that make them important for use in t...Read More
With gold prices reaching new highs, John Newell of RSD Discovery Group looks at three stocks that might benefit from both new highs in gold and their regions.The Homestake Mine LegacyThe Homestake Mine in Lead, South Dakota, historically produced approximately 44 million ounces of gold from 1876 to 2002, making it one of North America's largest and deepest gold mines. The mine closed in 2001 when...Read More
Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) has released its financial and operational results for the first quarter of 2024. Read on for these results and what they mean for Soma Gold's stability and future prospects.Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) has released its financial and operational results for the first quarter of 2024, showcasing significant progress and stable...Read More
Barry Dawes of Martin Place Securities believes that you may not own enough gold stocks and shares some stocks on his list.On July 7, 2024, gold jumped US$33, will be heading to US$2450, then US$2800.Gold stocks technicals are very strong. Silver up through US$31. Bonds rise again, with a big rally comingA$ strong - US$0.67109 vs. YenCommentary on Ausbiz Friday, July 5.GoldWave 3 underwayAbout to...Read More
Ron Struthers of Struthers Resource Stock Report believes that the vast majority of investors would have no clue that Zonte Metals Inc. (ZON:TSX.V), B2Gold Corp. (BTG:NYSE; BTO:TSX; B2G:NSX), and Victoria Gold Corp. (VGCX:TSX; VITFF:OTCMKTS) have so much in common. He compares them and explains why he believes two are Buys.A lot of news on Zonte Metals Inc. (ZON:TSX.V) and on numerous fronts.B2Gol...Read More
LONDON, 4 July 2024 - Data and analysis from BullionVault feature today in a report from French investment magazine Capital on the rising demand for gold in France."The French continue to favor gold," says the report, "looking for safe havens since the dissolution of the National Assembly on June 9 and the resulting political crisis, which brings with it a risk of economic uncertainties and major...Read More
Tuesday July 9thU.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 8:30 AM EDT.Federal Reserve Chairman Jerome Powell is slated to testify before a Congressional Committee at 11:00 AM EDT on state of the economy.Helen of Troy dropped $25.01 to $64.00 after reporting less than consensus fiscal first quarter revenues and earning...Read More
Myths die hard. Among these is the great myth that China's poised to take over the world. Today I'll debunk that myth.No one seriously disputes the importance of China to the global economy. It's the world's second-largest economy after the U.S. and accounts for 17% of global GDP (or an even larger percentage if one uses an alternative accounting method called purchasing power parity).It has the w...Read More