We're encountering some strange signs of froth in a few not-so-dark corners of the market in the aftermath of the late 2023 melt-up rally.Sure, the averages have soared off their lows and are teetering on new highs. But most stocks are beginning to churn as the spell of December's disbelief rally begins to fade. Now, we're entering a seasonally weak stretch for the stock market as Q1 of an electio...Read More
Today we sink to both knees... in gobsmacked awe.We genuflect in praise. And we sing hosannas to the government of the United States.Why?That is because the United States government has attained the impossible:Constructed initially under a regime of "limited government"… it has shattered all its shackles... and become the largest government to ever occupy Earth.That is correct.Never has a na...Read More
LONDON, 8 February 2024 - Data from BullionVault features today in the latest gold-market report from Japanese financial news and data service JiJi Press."Weak physical demand in Europe and the US is a factor limiting upside in the gold price," says the report, noting that customer gold holdings at BullionVault - "the leading online precious metals bullion trader" - fell for the 5th consecutive mo...Read More
I haven't written much about gold in the recent past — since the failed breakout attempt early in December — simply because I haven't known what to make of it, and that indecisiveness has been reflected in the market itself, where we have seen gold stuck in a fairly narrow trading range, but now things are starting to become a lot clearer both fundamentally and technically, and as we w...Read More
Technical Analyst Clive Maund explains why he believes that silver has a strong outlook in the long term even with current vulnerabilities. As usual, many of the observations regarding gold set out in the parallel gold market update apply equally to silver, so they will not be repeated here.On silver's 6-month chart, probably the most important point to note is that following gold's failed attempt...Read More
Seabridge Gold Inc. releases updated mineral resource estimates for deposits at its massive KSM gold and copper project in British Columbia. See why one analyst said the move "makes sense."As it continues to move toward finding a joint venture partner for its massive KSM gold and copper project in British Columbia's Golden Triangle, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) on Monday released upd...Read More
Silver X Mining Corp. has announced its fourth-quarter production results after relaunching mining operations in Peru last fall. One analyst says the company beat his estimates.Silver X Mining Corp. (AGX:TSX.V) has announced its fourth-quarter production results after relaunching mining operations at its Nueva Recuperada project in Peru last fall.The company said it processed more than 354,000 oun...Read More
I haven't written much about gold in the recent past — since the failed breakout attempt early in December — simply because I haven't known what to make of it, and that indecisiveness has been reflected in the market itself, where we have seen gold stuck in a fairly narrow trading range, but now things are starting to become a lot clearer both fundamentally and technically, and as we w...Read More
I haven't written much about gold in the recent past — since the failed breakout attempt early in December — simply because I haven't known what to make of it, and that indecisiveness has been reflected in the market itself, where we have seen gold stuck in a fairly narrow trading range, but now things are starting to become a lot clearer both fundamentally and technically, and as we w...Read More
Emerita Resources Corp. has released drill results from the first phase of drilling at the El Cura deposit on the company's 100% owned Iberian Belt West project. Read on to see what analysts have to say about this company's stock.Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCMKTS; LLJA:FSE) announced in a press release on January 31, 2023, that the company has an update on its recent drilling on th...Read More
I haven't written much about gold in the recent past — since the failed breakout attempt early in December — simply because I haven't known what to make of it, and that indecisiveness has been reflected in the market itself, where we have seen gold stuck in a fairly narrow trading range, but now things are starting to become a lot clearer both fundamentally and technically, and as we w...Read More
Barry Dawes of Martin Place Securities shares his thoughts on Tolu Minerals and how he believes it may be emulating K92's success.Key point for Tolu Minerals Ltd. (TOK :ASX).Good progress on mine reopening made since listing in NovemberCondition and refurbishment rate of plant and equipment above expectationsNew drilling rigs and other essential equipment ordered and/or deliveredSuccessful recruit...Read More
Silver X Mining Corp.'s production at its Nueva Recuperada mine are now at pre-shutdown levels, according to a note from Red Cloud Securities. In a research note published on February 2, 2024, Red Cloud Securities analyst Timothy Lee discussed Q4/23 production results from Silver X Mining Corp.'s (AGX:TSX.V) Nueva Recuperada silver-polymetallic mine in Peru. Lee's report provides insight into the...Read More
I haven't written much about gold in the recent past — since the failed breakout attempt early in December — simply because I haven't known what to make of it, and that indecisiveness has been reflected in the market itself, where we have seen gold stuck in a fairly narrow trading range, but now things are starting to become a lot clearer both fundamentally and technically, and as we w...Read More
Silver X Mining Corp.'s production at its Nueva Recuperada mine are now at pre-shutdown levels, according to a note from Red Cloud Securities. In a research note published on February 2, 2024, Red Cloud Securities analyst Timothy Lee discussed Q4/23 production results from Silver X Mining Corp.'s (AGX:TSX.V) Nueva Recuperada silver-polymetallic mine in Peru. Lee's report provides insight into the...Read More
Technical Analyst Clive Maund explains his outlook on the gold market.I haven't written much about gold in the recent past since the failed breakout attempt early in December simply because I haven't known what to make of it, and that indecisiveness has been reflected in the market itself, where we have seen gold stuck in a fairly narrow trading range, but now things are starting to become a l...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the stock market, including his outlook on uranium and gold.The term "narrative" is defined as "a story that you write or tell to someone, usually in great detail. A narrative can be a work of poetry or prose, or even song, theater, or dance. Often, a narrative is meant to include the "whole story." A summary will give a few key details...Read More
The situation in gold and gold stocksis not stagnant. Something shifted. And the implications are not minor.A Moment of RealizationIn 1993, Aerosmith released the songcalled “Amazing”. I really enjoyed it when it came out and some of the lyricsstuck in my mind. When I was reviewing the charts to prepare today’s analysis,I recalled a part of that song. I wasn’t sure why, as...Read More
The situation in gold and gold stocksis not stagnant. Something shifted. And the implications are not minor.A Moment of RealizationIn 1993, Aerosmith released the songcalled “Amazing”. I really enjoyed it when it came out and some of the lyricsstuck in my mind. When I was reviewing the charts to prepare today’s analysis,I recalled a part of that song. I wasn’t sure why, as...Read More
The situation in gold and gold stocksis not stagnant. Something shifted. And the implications are not minor.A Moment of RealizationIn 1993, Aerosmith released the songcalled “Amazing”. I really enjoyed it when it came out and some of the lyricsstuck in my mind. When I was reviewing the charts to prepare today’s analysis,I recalled a part of that song. I wasn’t sure why, as...Read More