By Hubert Moolman During the 70s bull market, gold went from $35 to $195 in the first phase. That was a 458% increase. The first phase of the current bull market took gold from $252 to $1920, which made for a 661% increase. At first glance, it would appear that the current bull market outperformed the 70s one. However, it only took about five years (1970 to 1975) to get the 458% increase, co...Read More
By: Avi GilburtThere are so many fallacies perpetuated and regurgitated throughout the market, yet there is so little time to appropriately address them all.Of late, almost all the "analysis" or comments you read or hear is based upon a superficial understanding of the market propagated through "common-speak." And, that is exactly why they all seem to be so confused:"The stock market is confusin...Read More
Kirkland Lake Gold has been one of the biggest winners over the past 5yrs, propelling itself from a 160k oz. Au producer to what has emerged [along with Endeavour Mining] as the next senior gold producer [1m oz. of production or greater]. Kirkland Lake has a great asset to start, the Kirkland Lake mining complex, notably the Macassa mine, which has taken several years to optimize and will reach...Read More
Gold is bullish. Spot gold will rise very quickly on a break of $1810. Federal Reserve policy makers pledged more support by way of more bond buying. I never understood how printing more money leads to way out of a pandemic or a recession. Central banks are not addressing the core economic fundamentals of (a) Reduction in the cost of living like school fees and college fees. (b) Creation more in...Read More
What a crazy six months! Let’s look at the chart below. As you can see, over the first half of the year, gold gained more than 16 percent, rising from $1,515 at the end of December 2019 to $1,762 at the end of June 2020. The beginning of the year was, as usual, positive for the gold prices. However, gold did not rally in January as it did in just like in the previous years. Instead, it shot...Read More
What a crazy six months! Let’s look at the chart below. As you can see, over the first half of the year, gold gained more than 16 percent, rising from $1,515 at the end of December 2019 to $1,762 at the end of June 2020. The beginning of the year was, as usual, positive for the gold prices. However, gold did not rally in January as it did in just like in the previous years. Instead, it shot...Read More
By: Gary SavageGold's novice traders have given up and lost patience. Lots of traders in the choppy markets, get stopped-out during a consolidation and shaken out, over and over. Investors need to be more patient. Gamblers who trade everyday, well these people consistently lose money:https://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinGold's pattern, higher-high and a higher-low. $1766.30 is support. Gold above the 18-dma average, which keeps its bias positive:Read More
Jack ChanPosted Jul 6, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal. Short-term signals can last for days and weeks and are more suitable for traders.Our ratio is on BUY signal.GLD has resistance at 170.$HUI broke resistance.Next major resistance at 525.GDX has major resista...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJuly 7, 2020Ancient Rome had the denarius, which was diluted into hyperinflationary oblivion. America has the dollar, which is on track to suffer an equally disgusting fate.Pleaseclick here now.Double-click to enlarge.Silver bullion investors prospered during the denarius dilution that was...Read More
Kirkland Lake Gold has been one of the biggest winners over the past 5yrs, propelling itself from a 160k oz. Au producer to what has emerged [along with Endeavour Mining] as the next senior gold producer [1m oz. of production or greater]. Kirkland Lake has a great asset to start, the Kirkland Lake mining complex, notably the Macassa mine, which has taken several years to optimize and will reach...Read More
Michael J. Kosares, USA Gold"It is related of the illustrious Sandy McHoots that when, on the occasion of winning the British Open Championship, he was interviewed by reporters from the leading daily papers as to his views on Tariff Reform, Bimetallism, the Trial by Jury System, and the Modern Crave for Dancing, all they could extract from him was the single word 'Mphm!' Having uttered which he...Read More
Daniel R. AmermanThere is an increasingly good chance that the United States could end up following Europe and Japan, and that the Federal Reserve could use its vast powers of monetary creation to force a move to negative interest rates.If that deeply unnatural event happens, it will invert and distort the very foundations of investment pricing, in ways that are little understood by most investo...Read More
1. Ancient Rome had the denarius, which was diluted into hyperinflationary oblivion. America has the dollar, which is on track to suffer an equally disgusting fate.2. Please click here now. Double-click to enlarge. Silver bullion investors prospered during the denarius dilution that was orchestrated by the Roman "Creep State". Today's silver bugs will prosper from US Cr...Read More
By: Gary SavageGold's novice traders have given up and lost patience. Lots of traders in the choppy markets, get stopped-out during a consolidation and shaken out, over and over. Investors need to be more patient. Gamblers who trade everyday, well these people consistently lose money:https://blog.smartmoneytrackerpremium.com/Read More
Clint Siegner, Money MetalsMore new people may have made their first purchase of physical gold or silver in the past 4 months than in any four-month period in history. This sort of data isn't reported and tracked. But if our experience as one of the nation's largest precious metals dealers is representative, we believe that's the case.We've never seen so much retail demand, and a big portion of...Read More
By: Ira EpsteinGold's pattern, higher-high and a higher-low. $1766.30 is support. Gold above the 18-dma average, which keeps its bias positive:Read More
Reyna Silver enters into two agreements, one with the landowner and one with the company that has an earn-in option on the property. In a news release, Reyna Silver Corp. (RSLV:TSX.V; RSNVF:OTCMKTS) announced it agreed to acquire an 80% interest in the La Chinche mining concession that is contiguous to its Guigui property, thereby consolidating its land position in Mexico's Santa Eulalia historic...Read More
A Haywood Securities report notes the moves by GoldMining "demonstrates an intention to seek to unlock further value from GOLD's unique portfolio." In a June 24 research note, Haywood Securities analyst Colin Healey reported that GoldMining Inc. (GOLD:TSX; GLDLF:OTCQX) will create net smelter returns royalties (NSRs) between 0.5% and 2% on 14 of its gold projects and hold them in its newly formed...Read More
Omineca Mining and Metals believes it has one of the highest grade underground alluvial projects in Canadian history. WingdamOmineca Mining and Metals Ltd. (OMM:TSX.V; OMMSF:OTCMKTS) is about to re-start the placer gold recovery program that sits 50 meters below Lightning Creek, in the heart of British Columbia's Cariboo District, home of a major gold rush in the 1860s. The company is simultaneou...Read More