Michael Ballanger of GGM Advisory Inc. takes a look at current movements in the stock market and shares his thoughts on some stocks he believes are promising.This weekend, every blogger, newsletter writer, tweeter, and you-tuber is at their computers, hammering out linguistic or visionary "victory laps" over their ownership of gold and silver and the uncontested conquest of the bullion bank behemo...Read More
Are gold prices and interest rates joined at the hip? Based on recent market action, it would appear the answer is: yes.A major rally in gold is now underway. Gold moved from $1,831 per ounce on Oct. 6 to $2,091 per ounce on Dec. 1, a 14.1% rally in just eight weeks and a new all-time high price for gold.Gold has pulled back to $2,037 as of today, but that's not surprising given its previous surge...Read More
Recently, Dynacor Group Inc. announced it would be increasing its dividend by 16%. Read on to see why some analysts are optimistic about the company's stock.Due to robust third-quarter earnings results, Montreal, Canada-based Dynacor Group Inc.'s (DNG:TSX; D.N.G.D.F.:OTCMKTS) board of directors has recently approved a 16% increase in its monthly dividend, increasing to CA$0.14 from CA$0.12 per sha...Read More
Breaking News This base metals + gold and silver exploration company says it has submitted all of the documentation needed to support for an Exploitation (Mining) License for its project in Spain. Find out why one analyst rated the stock an immediate buy.Base metals + gold and silver exploration company Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCMKTS; LLJA:FSE) announced it has submitted all of...Read More
Michael Ballanger of GGM Advisory Inc. shares four stocks that have holdings that are now at profitable levels. There is some daylight in the portfolio, with two of my four junior resource holdings now at profitable levels.Norseman Silver Inc. (NOC:TSX.V; NOCSF:OTCQB) closed at CA$0.13/US$0.096 on the week, and Western Uranium & Vanadium Corp. (WUC:CSE; WSTRF:OTCQX) closed at CA$1.62/US$1.20 on Fr...Read More
LONDON, 5 December 2023 - Comment from BullionVault features today in Swiss newspaper Blick, reporting on how the rising price of gold has spurred heavy profit-taking among private investors."Coin shops are flooded with customer sales," says the report, quoting BullionVault, "[whose] customers have sold 2.5 times as much gold as they bought in the last seven days."But just because the price of gol...Read More
LONDON, 5 December 2023 - Comment and data from BullionVault feature today in national German newspaper FAZ, reporting on yesterday's spike in gold prices."New all-time highs were reached in terms of all major currencies with the exception of the Swiss Franc," says FAZ, quoting BullionVault."However, if you take into account the loss of purchasing power of the Dollar over the years, gold has been...Read More
As I'm sure you know by now, Henry Kissinger died last week at the age of 100. He leaves a complex legacy, which is certainly understandable because he operated in a complex geopolitical environment.But Henry Kissinger was a master strategist and political scientist. With his recent passing, I thought I'd retell the story of one of his most brilliant plans, and explain how it relates to the demise...Read More
LONDON, 4 December 2023 - Comment and data from BullionVault feature today in the latest gold-price report from leading US financial news-site MarketWatch."Record-high gold prices, combined with the highest interest rates on cash since before the global financial crisis, has led to heavy profit-taking among existing gold investors," says the report, quoting BullionVault.Read the full story, widely...Read More
LONDON, 4 December 2023 - Advice from BullionVault on what to consider when investing in gold is quoted today by Bloomberg, the world-leading news and data service for finance professionals.Reviewing the different ways that you can buy gold or gain exposure to its price, "Those who buy gold in the form of [small] bars, coins or jewelry may...pay premiums over the spot price that cannot always be r...Read More
LONDON, 3 December 2023 - BullionVault is named today as a way to invest in physical gold by the Sunday Times, the UK's best-selling 'quality' weekend newspaper.Quoting various UK investment managers for their opinions on the benefits and risks of holding gold, the article looks at how you can gain exposure through exchange-traded funds - "[or] you could own physical bullion yourself," with Bullio...Read More
Defining the middle class is a perpetually popular parlor game because it’s well-known that the foundation of widespread prosperity is a broad-based middle class and a sturdy ladder of social mobility that enables those below the middle class to work their way up to middle-class security.The topic is also a perennial favorite because the middle class is losing ground. By basic measures of in...Read More
NevGold has released the results from its Nutmeg Mountain property, located in an increasingly lucrative region of Idaho. Read on to see why analysts like this company's stock.NevGold Corp. (NAU:TSX.V; NAUFF:OTC; 5E50:FSE) has announced in a press release that it has oxide and gold drilling results from the Nutmeg Mountain project, located in Idaho. The company reported that these results are prim...Read More
Michael Ballanger of GGM Advisory Inc. takes a look at Norseman Silver Inc., which presently acquired a new copper project in Chile.Norseman Silver Inc. (NOC:TSX.V; NOCSF:OTCQB) is called to open at CA$0.13 bid with 154,000 shares wanted and only 5,000 on offer.The graphic shown below is the market-by-price data showing the bids and offers up to CA$0.50.There are less than 150,000 shares offered u...Read More
Outcrop Gold and Silver Corp. has completed its acquisition of Zacapa Resources Ltd. Read on to see why analysts like this company's stock.Outcrop Silver and Gold Corp. (OCG:TSX.V; OCGSF:OTCQX; MRG1:DB) announced in a press release that it has filed an amalgamation agreement for Zacapa Resources Ltd. (ZACA:TSX.V) with the TSX Venture Exchange. Zacapa Resources Ltd. is also a junior gold and copper...Read More
Michael Ballanger of GGM Advisory Inc. shares one Canadian silver stock he believes you will want to own sooner rather than later.Norseman Silver Ltd. (NOC:TSX.V; NOCSF:OTCQB)Since the day I released Email Alert 2023-131 on October 3, I have been haranguing my poor subscribers about the outlook for Norseman Silver Ltd. (NOC:TSX.V; NOCSF:OTCQB) since the stock was trading down below CA$0.05 to as l...Read More
Interra Copper Corp. has exercised an option with ArcWest Exploration Inc. for a project in a copper-producing region of British Columbia. Read on to see why analysts like this company's stock.Interra Copper Corp. (IMCX:CSE; IMIMF:OTCQB; 3MX:FRA) announced in a press release that it had executed the option it negotiated for a maximum of 80% earn-in and joint venture agreement on ArcWest Exploratio...Read More
Michael Ballanger of GGM Advisory Inc. shares one Canadian silver stock he believes you will want to own sooner rather than later.Norseman Silver Ltd. (NOC:TSX.V; NOCSF:OTCQB)Since the day I released Email Alert 2023-131 on October 3, I have been haranguing my poor subscribers about the outlook for Norseman Silver Ltd. (NOC:TSX.V; NOCSF:OTCQB) since the stock was trading down below CA$0.05 to as l...Read More