Gold stocks Articles

Trump's Victory: What Does It Mean For Gold?

November 23, 2016 / John Hathaway

In our view, the systemic risks that existed prior to the presidential election have not suddenly vanished. Most important among these is a massive bond-market bubble. Close behind, equity valuations remain at historically extreme levels. How the new administration deals with these vexing issues, assuming that it even begins to comprehend them, is a complete unknown. Any unwinding promises to be p...Read More

Small-Cap Investors See Big League Growth Under Trump

November 23, 2016 / Frank Holmes

I've been in the financial industry a long time, and I'm continually amazed at the market's astuteness in making reliable, actionable forecasts.Consider the run-up to this year's election. Nearly every poll pointed to Hillary Clinton taking the White House, with many pegging her chances at greater than 90 percent. The market took these prognosticators to task. Historically, when the S&P 500 has tu...Read More

Which Of These Markets Is Wrong?

November 23, 2016 / Steve Saville

The US$ oil price and the Canadian Dollar (C$) have tracked each other closely over the past 2 years. When divergences have happened they have always been eliminated within a couple of months, usually by the oil market falling into line with the currency market.In a 25th May blog post I wrote that an interesting divergence had developed over the preceding few weeks between these markets, with the...Read More

Time For The Gold Bulls To Step Up - If There Are Any Left

November 23, 2016 / Avi Gilburt

First published Sat Nov 19 for members of Two weeks ago, I noted that we had a completed pattern to the downside in the equity market and it was time for the equity market bulls to step up. And, boy, did they ever. Now, it is time for the metals bulls to do the same. But, it seems I cannot find them.Last weekend, I noted that the bulls have gone into hiding. This past wee...Read More

Gold and Monetary Populism: The Oligarchs' Mortal Enemies - The Peoples' Salvation / Commodities / Gold and Silver 2016

Wednesday, November 23, 2016 / Stewart_Dougherty

Desperation is setting in. The blatant attacks on gold are occurring almost exclusively during the Comex floor-trading hours now.Every night gold pushes higher as Asia's appetite is seemingly voracious.The two most systemically dangerous banks right now, it was revealed according to the IMF, are JP Morgan and Citibank.I'm sure part of the smash is in response to that. All this action between gold...Read More

Russia Gold Buying In October Is Biggest Monthly Allocation Since 1998 / Commodities / Gold and Silver 2016

Wednesday, November 23, 2016 / GoldCore

Russia gold buying accelerated in October with the Russian central bank buying a very large 48 metric tonnes or 1.3 million ounces of gold bullion. This is the largest addition of gold to the Russian monetary reserves since 1998 and could be seen as a parting gift' by Prime Minister Putin to his rival ex-President Obama.The Russian central bank gold purchase is the biggest monthly gold purchase of...Read More

Why Mexico's Oil Reform Is A Huge Opportunity For Investors / Commodities / Oil Companies

Wednesday, November 23, 2016 / OilPrice_Com

When a massive country de-nationalizes its entire energy sector and opens its oil and gas doors for the first time ever to foreign companies, the opportunities are staggering.Welcome to the new' Mexico, and welcome to the early stages of an oil and gas game that will be bigger-from an investor's perspective-than anything in history. Mexico's move to implement historic energy reform legislation in...Read More

Silver and Gold - We Can't Understand It for Them / Commodities / Gold and Silver 2016

Wednesday, November 23, 2016 / Dr_Jeff_Lewis

For years I have calmly, patiently, and for the most partrationally, listened to friends, family, patients, and colleagues grapple withthe notion of precious metals. The majority understand the basic reasons why some portionof portfolio allocation is necessary or prudent, but very few have (or will)taken action.Often, people are shocked that I would be interested in thematter to begin with. I thin...Read More

The Man Who Got the Trump Call Correct Now Says Markets Are Too Exuberant

23/11/2016 / FS Staff

The following is a summary of our recent interview with Jim Bianco, which can be listened to on our site here or on iTunes here.When we spoke to leading macro analyst Jim Bianco of Bianco Research months before the election, he thought the odds of a Trump win were much higher than most expected and that, like Brexit, it would probably end up being bullish, not bearish, for the US stock market.Give...Read More

Debt Crisis: Why 2017 Will Be a Decisive Year for China's Economy

23/11/2016 / Stratfor

ForecastBarring a decision to loosen government controls on credit, investment and home purchases, China's housing and construction sectors will slow in 2017. Industries that hold the bulk of China's outstanding corporate debt, including commodities, building materials and other sectors related to construction, will bear the brunt of a sustained housing slump. Sluggish construction growth and skyr...Read More

Gold Breaks 1200 - Private Blog Update - Off We Go?

Nov 23, 2016 / Martin Armstrong

Private Blog Update for GoldRead More

Congo gets firmer grip on Ivanhoe's Kamoa-Kakula copper project

Nov. 22, 2016, 8:49 AM / Cecilia Jamasmie

Canada's Ivanhoe Mines (TSX:IVN) and its joint-venture partner Zijin Mining Group are transferring an additional 15% interest in their Kamoa-Kakula copper project to the DRC's government.Deal increases Congo's stake in the project, which Ivanhoe believes it could prove to be Africa's most significant copper deposit ever found, to 20%.The deal increases Congo's stake in the project, which Ivanhoe b...Read More

Polemic around Canadian firm's gold project in Ireland heats up

Nov. 22, 2016, 4:12 AM / Cecilia Jamasmie

Site overview. (Taken from Dalradian's presentation to investors, Nov. 2016)Canada's Dalradian Resources (TSX:DNA) (LON:DALR), which has been working on its proposed gold project in Tyrone, North Ireland, since early 2010, is having a rough time with locals involved in consultations these days, with dozens walking out of a meeting Monday.Final environmental impact assessment has yet to be complet...Read More

Eldorado Gold officially out of China

Nov. 22, 2016, 2:55 AM / Cecilia Jamasmie

Canada's Eldorado Gold (TSX:ELD) (NYSE:EGO), until recently the largest foreign producer of the precious metal in China, is officially out of that country as the miner completed the sale of its interest in three assets to an affiliate of China's Yintai Resources (SHSZ:000975) for $600 million.Sale marks the conclusion to Eldorado's 11-year history in China.The transaction, first announced in May,...Read More

Barrick on track to meet 2016 debt reduction target - Haywood

Nov. 22, 2016, 2:00 AM / Editor

Barrick Gold is selling its 50% stake in Kalgoorlie's Super Pit. (Image from archives)Canada's Barrick Gold Barrick (TSX, NYSE:ABX), the world's No.1 producer of the precious metal by output, has done a "great job" this year reducing its outstanding debt by over US$1.4 billion as of Sep.30, Haywood said in a research note Monday.The registered broker-dealer believes the Toronto-based miner is on t...Read More

Gold's Upside And Downside Targets

November 22, 2016 / P. Radomski

In yesterday's alert we wrote that staying on the sidelines appeared to be a good idea for the next several days as the short-term outlook became more bullish, even though the medium-term outlook became more bearish (due to the USD's breakout). Actually, at the moment when our yesterday's alert was sent, gold and silver's prices were below the entry prices, so the position was closed at a profit.I...Read More

Elliott Wave Counts For Gold, SP500 And GDX

November 22, 2016 / Captain Ewave

Gold Short-Term Update:Gold was higher in yesterday's day session and early in the overnight session, reaching a high of 1220.90. Later in the overnight session gold dropped to a low of 1213.00, at the time that this Post was being written. On the Intraday Chart we now appear to have satisfied the minimum requirements for a completed impulsive wave structure from 1338.30 to the current low of 120...Read More

Precious Metals: Key Levels For Buyers

November 22, 2016 / Stewart Thomson

Most amateur gold market investors look for "road signs" that suggest gold is in a bull market or a bear market. In contrast, professional bank and FOREX traders focus on price levels.These levels are powerful support and resistance zones where professional investors buy weakness, sell strength, and do so very aggressively.This is the important daily gold chart.Investors should not waste too much...Read More

Forecast Summary: Gold Price, FOREX And S&P500 Index

November 22, 2016 / Ken Ticehurst

We continue to be bearish on gold as we have been for months. In fact our only recent change is that we are expecting a significant low earlier in 2017 than previously forecast. We have consistently maintained that this bearish phase is just a short-term consolidation before we begin a new and significant rise that could well lead to new all-time highs.Our Euro forecast is now back on track, we ha...Read More

The Spreading Bondfire And The Rising Price Of Gold

November 22, 2016 / Daryl Robert Schoon

Today's rising interest rates and trillion-dollar losses in global bond markets are prelude to what is to come, i.e. rising inflation with higher interest rates ending in the bursting of the global government bond bubble and the long awaited breakout of gold.Last year, on December 15, 2015, the Fed announced the first tentative rate increase in nearly ten years, from 0.0% to 0.25%. The Fed had las...Read More