Gold stocks Articles

Inside the Market's Mind: Halloween Edition - Clowns, Balloons, and Scary Times

17/10/2016 / Patrick Schotanus

Source: YouTubeDon't you want...a balloon -Pennywise, the Dancing Clown (IT, 1986)We know Halloween is approaching when the sightings of "killer clowns" are increasing. The media is talking about a craze and recent reports suggest these creepy fellows have scared people in Australia, the Netherlands, the UK, the US, and other countries.Ordinary clowns love parties. They blow up balloons, make a...Read More

Gold Market in Crisis, Risks Collapse: LBMA

17/10/2016 / Adrian Ash

There, that got your attention. But is anyone really listening...?Gold markets need gold, and that can only ever come out of a mine in the first place or come from a refinery when recycled, writes Adrian Ash of BullionVault, currently in Singapore attending the London Bullion Market Association's 2016 conference.So a huge and critical business works to lend cash as well as gold bullion so that min...Read More

Evolution Mining acquires copper-gold project from Newcrest

Oct. 16, 2016, 6:37 PM / Andrew Topf

Small but growing Australian gold producer Evolution Mining (ASX:EVN) has taken a bite out of its much larger, dual-listed rival, Newcrest Mining (ASX:NCM, TSX:NM)The Sydney and Perth-based company is about 1/16th the size of Newcrest by market value, but is paying Newcrest up to AUD$10 million for its Marsden copper-gold project located in central New South Wales. The deal specifies an up-front p...Read More

BRICS sign MOU to develop Siberian gold deposit

Oct. 16, 2016, 4:38 PM / The Economic Times

SUN Gold Limited ("SUN Gold"), China National Gold Group Corporation ("China National Gold" or "CG"), the Russian Sovereign Investment Fund, "Far East and Baikal Region Development Fund (FEDF), and partners from Brazil and South Africa Sunday announced that they have signed a Memorandum of Understanding ("BRICS Gold MOU") on the sidelines of the BRICS Summit to develop the Kluchevskoyegold deposit...Read More

Goldcorp going electric with Chapleau gold mine

Oct. 16, 2016, 3:03 PM / Northern Ontario Business

Goldcorp wants to take a low profile in developing an all-electric mine at its Borden Lake deposit. The Canadian gold miner is determined to make its physical presence less felt with the first mine out of the chute in the Chapleau area's emerging gold camp. Situated 10 kilometres east of the town, Goldcorp's 2015 acquisition of the project from Probe Mines was touted as one of the best new develop...Read More

Stock Markets And Precious Metals Are Still Choppy

October 16, 2016 / Warren Bevan

Stocks are exhibiting more choppiness and weaker action these days as we move back into earnings' season. This motivated me to exit stocks. In accord with my chart analysis, I'm in an all cash position once again with not much on the horizon for a couple weeks.For this reason I may grab a few quick short-term short trades if they come to me. Otherwise, I'll be waiting for setups to complete in the...Read More

The Floodgates Begin To Open

October 16, 2016 / John Rubino

It's now clear that what governments did to counter the Great Recession may have delayed systemic collapse, but did not resurrect the old normal. Growth around the world is anemic - which is to say debt continues to increase faster than the productive capacity to service it - and inflation (the other way to shrink a debt burden) remains below target.Now "anemic" is becoming "non-existent." In the...Read More

Gold Price Quiets After Chaos

October 16, 2016 / Mark Mead Baillie

Yes, 'tis another title of understatement, Gold having just completed its narrowest trading week of the year -- only 20 points between high and low -- a week ago having put in its widest, downside-biased week of the year of 79 points in range. Perhaps "Gold Stops After Chaos" better describes this past week, which settled yesterday (Friday) at 1252, for a ho-hum net change across the five trading...Read More

Calling A Gold Bottom...And This Is The Reason Why

October 16, 2016 / Hebba Investments

SummaryThe latest COT report shows that speculators continued to close out gold positions at an extremely fast pace.Despite the drop in gold, transparent gold holdings have actually increased over the past few weeks in contrast to what gold did during the 2013 drop.This suggests that much of the gold drop may be due solely to speculators and now we are at much healthier speculative net long levels...Read More

Market Update For The Second Week Of October

October 16, 2016 / Mark J Lundeen

The box in the BEV chart below contains the Dow Jones Index since the first week of September. With the presidential election so near, it's not surprising the market hasn't done much of anything as our "regulated" markets are being managed for the benefit of our very corrupt, incumbent-political class. But it makes for boring market commentary and writing about it tedious.Obviously the "policy m...Read More

More Good News For Gold Bugs: The Bottom Is Getting Closer / Commodities / Gold and Silver 2016

Sunday, October 16, 2016 / John_Rubino

In the latest gold and silver commitment of traders (COT) report (click here for an explanation of what this report involves), paper players made big strides in bringing the market back into balance - and setting the stage for an eventual rebound. Speculators - who tend to be emotional and therefore wrong at the extremes - scaled their long positions way back, while the commercials - who time-and-...Read More

First Time Gold Investors....Gold Mining, The Basics

October 15, 2016 / KCGrainger

At the Montreal Analyst.com and Canadian Mine Analysis.com, we believe that gold and silver mining stocks will be one the best performing groups of this decade. Since many readers are not familiar with gold mining and silver mining, we thought that we would give a quick capsule summary of the "nuts and bolts" (better yet the picks and shovels)of mining.The basic premise naturally is that the pr...Read More

Gold Is Oversold On Misplaced Expectations Of A 2016 Rate Hike

October 15, 2016 / Jason Hamlin

Gold investors know that the metal has been under pressure due to expectations of a Fed rate hike in 2016. Many believe that an increase in the Fed Funds Rate would strengthen the dollar and send prices for precious metals lower. This has been a key driver of the decline in the gold price to support at $1,250, the 200-day moving average.But the Fed has been leading investors to believe a rate hike...Read More

Gold Price And Silver Price Updates

October 15, 2016 / Jack Chan

Gold sector cycle is down.Gold Sector$HUI is on a long-term buy signal.Long term signals can last for months and years and are more suitable for the long-term investors.$HUI is on a short term sell signal.Short-term signals can last for days and weeks and are more suitable for traders.Speculation has reached level of previous bottom.SummaryGold sector is on a major buy signal.Cycle is down, trend...Read More

The Gold Manipulators Not Only Will Be Punished, They Have Been Punished

October 15, 2016 / Gary Tanashian

I have not gone off the deep end and joined the "community" of boosters, promoters, pompom waving cheering squads and general cult figures who you can just tell not only want you to adore gold, but in some cases need you to act on your adoration and buy gold or gold stocks. Read into that what you will, but the history of investors burned by the pitch, which tugs at peoples' morals, sense of righ...Read More

Gold Stocks Corrections In Bull Markets

October 15, 2016 / Jordan Roy-Byrne

The gold stocks are clearly in correction mode. The large caps (HUI, GDX) have corrected 30%, while the juniors (GDXJ) have held up well in comparison by correcting the same amount. Given a number of factors (the size of the previous advance, the recent technical damage, stronger US$ index and rising yields) the gold stocks should continue to correct and consolidate in a larger sense. To gauge a p...Read More

The Gold Manipulators Not Only Will Be Punished, They Have Been Punished / Commodities / Gold and Silver 2016

Saturday, October 15, 2016 / Gary_Tanashian

I have not gone off the deep end and joined the "community" of boosters, promoters, pompom waving cheering squads and general cult figures who you can just tell not only want you to adore gold, but in some cases need you to act on your adoration and buy gold or gold stocks. Read into that what you will, but the history of investors burned by the pitch, which tugs at peoples' morals, sense of righ...Read More

Gold is Oversold on Misplaced Expectations of a 2016 Rate Hike / Commodities / Gold and Silver 2016

Saturday, October 15, 2016 / Jason_Hamlin

Gold investors know that the metal has been under pressure due to expectations of a FED rate hike in 2016. Many believe that an increase in the FED funds rate would support the dollar and send prices for precious metals lower. This has been a key driver of the decline in the gold price to support at $1,250, the 200-day moving average. But the FED has been leading investors to believe a rate hike i...Read More

Gold Stocks Corrections in Bull Markets / Commodities / Gold and Silver Stocks 2016

Saturday, October 15, 2016 / Jordan_Roy_Byrne

The gold stocks are clearly in correction mode. The large caps (HUI, GDX)have corrected 30% while the juniors (GDXJ) have held up well in comparisonby correcting the same amount. Given a number of factors (the size of the previousadvance, the recent technical damage, stronger US$ index and rising yields)the gold stocks should continue to correct and consolidate in a larger sense.To gauge a potenti...Read More

World's two largest gold producers disagree on mine value

Oct. 14, 2016, 12:45 PM / MINING.com Editor

In an interview with Bloomberg, Newmont Mining's CEO Gary Goldberg reiterated what he has been saying for the past six months: that he'd be interested in buying Barrick Gold's half of the Kalgoorlie Super Pit at the right price.Kalgoorlie is Australia's largest open-pit gold mine. It has produced 50 million ounces over 30 years and is jointly owned by Barrick and Newmont (NYSE:NEM), the latter bei...Read More