Now that the political situation continues to cool in Ecuador, green tech company BacTech Environmental Corp. is exploring ways to finance its proposed bioleaching plant there. Read why one analyst wrote the stock is potentially "explosive."Now that the political situation continues to cool in Ecuador, green tech company BacTech Environmental Corp. (BAC:CSE;BCCEF:OTCQB;OBT1:FRA) is exploring ways...Read More
In a play to increase share value, MAG Silver Corp. announced its intention to make a normal course issuer bid (NCIB) to possibly purchase for cancellation up to 10% of the public float. Find out why these analysts recommend the stock.MAG Silver Corp. (MAG:TSX; MAG:NYSE American) announced its intention to make a normal course issuer bid (NCIB) to possibly purchase for cancellation up to more than...Read More
I've previously said that gold could reach $15,000 by 2026. Today, I'm updating that forecast.My latest forecast is that gold may actually exceed $27,000.I don't say that to get attention or to shock people. It's not a guess; it's the result of rigorous analysis.Of course, there's no guarantee it'll happen. But this forecast is based on the best available tools and models that have proved accurate...Read More
Just when you thought trading couldn't get any crazier, meme stocks have suddenly reappeared - along with some of the more prominent speculators from the Covid Bubble era."Roaring Kitty" - the infamous trader who made a killing by starting the grassroots short-squeeze movement that gave birth to some of the wildest runs in stock market history - suddenly reappeared on Twitter/X late Sunday followi...Read More
Bob Moriarty of 321gold.com explains why he believes Sanu Gold Corp. could benefit from current sentiments around gold and silver.As of my writing, the Daily Sentiment Index (DSI) for gold stands at 78, while silver's DSI is 80. These numbers do not indicate an overwhelming bullish sentiment that would hinder further rallies. In fact, based on my observations of investor sentiment on Stockwatch, i...Read More
Technical Analyst Clive Maund shares his thoughts on Dryden Gold Corp. to explain why he believes it is an Immediate Strong Buy.Dryden Gold Corp. (DRY:TSX; DRYGT:OTC) is a most interesting advanced stage gold exploration company with an extensive land package in mining friendly Ontario where infrastructure is excellent and the fact that industry legends Eric Sprott and Rob McEwen have significant...Read More
Over the last 125 years, the silver charthas formed two remarkable, similar patterns. The chart below shows a yearlysilver chart (only closing values): It is amazing how the 49-year pattern from1919 to 1968 has a similar form to the one that started circa 1980....Read More
Technical Analyst Clive Maund explains why he believes a rally in precious metals, specifically gold and silver, may be imminent. The PM sector did exactly as predicted in the article WHEN THE RUBBER HITS THE ROAD - THE SCORCHING PM SECTOR RALLY AHEAD posted on the site about a week ago, with breakouts by metals and stocks last week from Flag / Pennant consolidation patterns into powerful uplegs....Read More
AI is like the powerful character in an action movie who looks invincible until they turn around, revealing a fatal spear embedded in their back.The spear in AI’s back is the American legal system, which has been issuing free passes to tech companies and platforms for decades on the idea that limiting innovation will hurt economic growth, so we’d best let tech companies run with few re...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the gold and silver market. He also shares one AI stock with a story he believes hits junior minor stories out of the park."Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, but debt is the money of slaves."As I sit here on the shores of the Kawarthian swamp called Scugog...Read More
Fascism became a swear word in the U.S. and the U.K. during the Second World War. It's been ever since, to the point that the content of the term has been drained away completely. It's not a system of political economy but an insult.If we go back a decade before the war, you find a completely different situation. Read any writings from polite society from 1932-1940 or so and you find a consensus t...Read More
LONDON, 21 May 2024 - Analysis from BullionVault features today in a report on the surging price of copper and silver as industrial metals published by global internet portal MSN."What coal was to the Industrial Revolution, and crude oil to the 20th Century, copper and silver are to today's boom industries of green tech, artificial intelligence and the defense sectors," the article quotes Adrian A...Read More
Over the last 125 years, the silver charthas formed two remarkable, similar patterns. The chart below shows a yearlysilver chart (only closing values): It is amazing how the 49-year pattern from1919 to 1968 has a similar form to the one that started circa 1980....Read More
This Canadian miner grew revenue and lowered costs during this first quarter, noted a Red Cloud Securities report.Silver X Mining Corp. (AGX:TSX.V) reported positive Q1/24 financial results that reflect "a trend of operational improvement," reported Red Cloud Securities mining analyst Timothy Lee in a May 17 research note."With costs under control, Silver X is strongly positioned to benefit from c...Read More
Over the last 125 years, the silver charthas formed two remarkable, similar patterns. The chart below shows a yearlysilver chart (only closing values): It is amazing how the 49-year pattern from1919 to 1968 has a similar form to the one that started circa 1980....Read More
Over the last 125 years, the silver charthas formed two remarkable, similar patterns. The chart below shows a yearlysilver chart (only closing values): It is amazing how the 49-year pattern from1919 to 1968 has a similar form to the one that started circa 1980....Read More
If you're under the age of about 60, you've never experienced stagflation. Back in the '70s, everyone experienced what happened and people spoke openly about it. The term itself "stagflation" was a shorthand term to describe what was clearly and painfully a broad, national economic unwind.Throughout the decade, the rate of inflation crept up and people saw it in daily life. Food became more ex...Read More
The major gold minersjust wrapped up another quarterly earnings season, reporting greatresults. Sector unit profits continuedblasting higher on stable production, lower mining costs, and record prevailinggold prices. Yet individually plenty ofmajors still struggled with rising expenses or lower output. So deploying capital in miners to leveragegold’s remarkable breakout req...Read More
Could we see $27,000 gold?That seems far-fetched but financial analyst and investment banker Jim Rickards makes the case that it could happen.Gold charted a big rally in recent months, hitting a new all-time high of over $2,400 an ounce last month. Even with the higher prices, gold demand has remained robust. Central banks globally are adding gold to their reserves, as have investors, particularly...Read More
Could we see $27,000 gold?That seems far-fetched but financial analyst and investment banker Jim Rickards makes the case that it could happen.Gold charted a big rally in recent months, hitting a new all-time high of over $2,400 an ounce last month. Even with the higher prices, gold demand has remained robust. Central banks globally are adding gold to their reserves, as have investors, particularly...Read More