As the concern with geopoliticspeaked, so did gold price. Silver and mining follow. Are you prepared for thelikely outcome?Gold Peaks and SlidesIn my yesterday’sanalysis, I wrote the following about gold: Goldmade a few attempts to move above the all-important $2,000 level and the risingresistance lines, and it failed all of them. The strong short-term momentum isgone, just as the fear of th...Read More
As the concern with geopoliticspeaked, so did gold price. Silver and mining follow. Are you prepared for thelikely outcome?Gold Peaks and SlidesIn my yesterday’sanalysis, I wrote the following about gold: Goldmade a few attempts to move above the all-important $2,000 level and the risingresistance lines, and it failed all of them. The strong short-term momentum isgone, just as the fear of th...Read More
As the concern with geopoliticspeaked, so did gold price. Silver and mining follow. Are you prepared for thelikely outcome?Gold Peaks and SlidesIn my yesterday’sanalysis, I wrote the following about gold: Goldmade a few attempts to move above the all-important $2,000 level and the risingresistance lines, and it failed all of them. The strong short-term momentum isgone, just as the fear of th...Read More
As the concern with geopoliticspeaked, so did gold price. Silver and mining follow. Are you prepared for thelikely outcome?Gold Peaks and SlidesIn my yesterday’sanalysis, I wrote the following about gold: Goldmade a few attempts to move above the all-important $2,000 level and the risingresistance lines, and it failed all of them. The strong short-term momentum isgone, just as the fear of th...Read More
As the concern with geopoliticspeaked, so did gold price. Silver and mining follow. Are you prepared for thelikely outcome?Gold Peaks and SlidesIn my yesterday’sanalysis, I wrote the following about gold: Goldmade a few attempts to move above the all-important $2,000 level and the risingresistance lines, and it failed all of them. The strong short-term momentum isgone, just as the fear of th...Read More
Imagine a fellow...This is a wastrel sunk impossibly in debt credit card debt.Spiraling interest payments begin to swamp him.He must take on an additional credit card in order to satisfy interest payments on the original.Yet he must soon take on another credit card... to service the interest on the card he previously took on... which he took on to service the interest on the first.That is, he mu...Read More
This company announced more high-grade results from its step-out drilling at its massive project in British Columbia's Golden Triangle, leading one newsletter writer to call the stock's entry point "a gift" to investors.Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) announced more high-grade results from its step-out drilling in the Wolf Vein of its Kitsault Valley project in British Columbia's...Read More
Precious metals mining companies like Agnico Eagle Mines and Franco-Nevada face production issues, but well-capitalized miners are still finding attractive assets.The precious metals mining industry has faced several recent challenges but also new opportunities.Companies like Agnico Eagle Mines, Franco-Nevada Corporation, and Osisko Gold Royalties have dealt with mine disruptions but continue to m...Read More
LONDON, 8 November 2023 - BullionVault's latest Gold Investor Index features today at UK financial-advisor site IFA Magazine."Private investors have sold more physical gold than they're buying as prices set new all-time highs," says the report, quoting data from "world-leading platform BullionVault...with people taking profits at the fastest pace in more than four years."Read the full story at IFA...Read More
Chris Temple of The National Investors shares a detailed report on stocks from the life science to the energy sector to tell you which he believes are Buys and which you should sell.I have a lot of catching up to do after getting home last night from New Orleans. This morning, I'll start the goodies with a few quick bite-sized updates:--> Take your nice, quick profits and SELL Sarepta Therapeutics...Read More
LONDON, 7 November 2023 - Comment and analysis from BullionVault tonight leads the latest gold price report published by global investment ratings and data service Morningstar.Retesting the $2000 per ounce level last month "[required] a surge of bullish speculation in Comex futures and options, the second fastest jump on current data," the report quotes Adrian Ash, director of research.You can rea...Read More
The dollar has been extremely strong over the past two years. This persistent dollar strength has been a mystery to many. After all, the dollar's problems are well known.The ratio of government debt to GDP for the United States is at a record high approaching 130% (a prudent level is considered 30%, and anything over 90% is a headwind to any economic growth at all).The U.S. is running multitrillio...Read More
The same old story that's hoodwinked investors since the dawn of time... You've heard of a sucker rally...But what about a sucker breakdown?We might have just witnessed one asinvestors jettisoned their stocks last week just before a huge snapback move that began with frantic short-covering rallies and could end with an epic melt-up into the holidays.Here's how it all started...It was looking ble...Read More
This bodes well for the impending updated resource estimate and subsequent prefeasibility study of the explorer's mining project in Idaho, noted a PI Financial report.Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQX) keeps adding and upgrading ounces at its Black Pine oxide gold project in Idaho ahead of the prefeasibility study (PFS) expected next year, reported PI Financial analyst Chris Thompson in an...Read More
Another bank bites the dust!Citizens Bank was a small bank in Iowa with about $66 million in assets. Its loan portfolio consisted largely of commercial and industrial loans.Well, this past Friday the Federal Deposit Insurance Corporation (FDIC) announced that Citizens Bank had failed due to significant hidden loan losses totaling about $15 million.Because Citizens Bank was not a member of FDIC, th...Read More
If we’re limited to our income, there’s only so much we can spend on consumption and servicing existing debts, and invest/save to build capital/future income.If we have access to the miraculous elixir of credit, we can expand our spending/investing by borrowing more money. This boosts our consumption and perhaps our investing, but it also increases our debt service the interest that...Read More
This lithium company is starting the first phase of the Definitive Feasibility Study for its 100%-owned Ontario lithium project. One analyst considers the deposit to be "premium quality."Frontier Lithium Inc. (FL:TSX.V; LITOF:OTCQX; HL2:FRA) announced it is starting the first phase of the Definitive Feasibility Study (DFS) for its 100%-owned PAK lithium project north of Red Lake in Ontario.It has...Read More
As the Federal Reserve puts a hold on interest rates, investors have to ask themselves whether the elevated inflation rate is also on hold.The Fed’s preferred measure of so-called “core” inflation, which excludes food and energy costs, most recently came in at 3.7%. Despite having fallen substantially since last year’s peak, the official inflation rate has yet to approach t...Read More
The gold miners’ stocksare lagging gold’s strong young upleg, their gains falling behind. Their striking performance gap is undermininggold-stock sentiment, leaving traders even warier of this sector. While definitely vexing, this anomaly has onlyarisen over the past couple weeks. Goldstocks’ precedent during past major gold uplegs implies this will unwind soon,...Read More