MAG Silver's Q2/21 production at Juanicipio is reviewed in a ROTH Capital Partners report. In a July 28 research note, analyst Joe Reagor reported that ROTH Capital Partners raised its target price on MAG Silver Corp. (MAG:TSX; MAG:NYSE American) to $27 per share from $26. This is because the company's new mill at Juanicipio remains on schedule for commissioning in Q4/21 and because silver prices...Read More
Friday the 13th of August 1971 wasa very important date in U.S. history. It was the date that set the table forthe beginning of the end of the USD's world reserve currency status. And,greatly expedited the road to perdition for the dollar's purchasing power.That means this past Friday was the 50-yearanniversary of President Nixon's absolute termination of the dollar's abilityto be redeemed for gol...Read More
With its negative correlation to themetals, the USDX rally weighed heavily on gold, silver and stocks. Stop and think: what would be if it continued?While the overwhelming majority ofinvestors entered 2021 with a bearish outlook for the U.S. dollar, our optimismhas proved quite prescient. The USDX bottomed at the beginning of the year.With the USD Index hitting a new 2021high last week – com...Read More
Twenty years ago, I wrote a report called The Myth of August. The idea was to compare what most people thought about the month of August to what actually happens in August.The myth is that August is a quiet month, everyone in the world is on vacation, no deals get done, people just enjoy the beach or mountains or other quiet recreations. This is famously true in France, but it’s a French hab...Read More
Friday the 13th of August 1971 wasa very important date in U.S. history. It was the date that set the table forthe beginning of the end of the USD's world reserve currency status. And,greatly expedited the road to perdition for the dollar's purchasing power.That means this past Friday was the 50-yearanniversary of President Nixon's absolute termination of the dollar's abilityto be redeemed for gol...Read More
With its negative correlation to themetals, the USDX rally weighed heavily on gold, silver and stocks. Stop and think: what would be if it continued?While the overwhelming majority ofinvestors entered 2021 with a bearish outlook for the U.S. dollar, our optimismhas proved quite prescient. The USDX bottomed at the beginning of the year.With the USD Index hitting a new 2021high last week – com...Read More
Friday the 13th of August 1971 wasa very important date in U.S. history. It was the date that set the table forthe beginning of the end of the USD's world reserve currency status. And,greatly expedited the road to perdition for the dollar's purchasing power.That means this past Friday was the 50-yearanniversary of President Nixon's absolute termination of the dollar's abilityto be redeemed for gol...Read More
With its negative correlation to themetals, the USDX rally weighed heavily on gold, silver and stocks. Stop and think: what would be if it continued?While the overwhelming majority ofinvestors entered 2021 with a bearish outlook for the U.S. dollar, our optimismhas proved quite prescient. The USDX bottomed at the beginning of the year.With the USD Index hitting a new 2021high last week – com...Read More
Friday the 13th of August 1971 wasa very important date in U.S. history. It was the date that set the table forthe beginning of the end of the USD's world reserve currency status. And,greatly expedited the road to perdition for the dollar's purchasing power.That means this past Friday was the 50-yearanniversary of President Nixon's absolute termination of the dollar's abilityto be redeemed for gol...Read More
With its negative correlation to themetals, the USDX rally weighed heavily on gold, silver and stocks. Stop and think: what would be if it continued?While the overwhelming majority ofinvestors entered 2021 with a bearish outlook for the U.S. dollar, our optimismhas proved quite prescient. The USDX bottomed at the beginning of the year.With the USD Index hitting a new 2021high last week – com...Read More
The recently sluggish gold market is now poised for a major upleg, and Clive Maund points to a dramatic reversal candle at key support as a "major Buy sign."It's been a long time since a full Gold Market update was posted on the site because frankly it has been too boring a market, but what happened last week looks highly significant with the action in gold and silver suggesting not just a reversa...Read More
New results validate Fabled Silver Gold's interpretation of the mineralized system at its Santa Maria project. Fabled Silver Gold Corp. (FCO:TSX.V; FBSGF:OTCQB; 7NQ:FSE)) announced in a news release results of three additional surface diamond holes drilled at Santa Maria.The purpose of holes SM20-25, SM20-26 and SM20-27 was to hone in on where the gold structure intersects the previously encounte...Read More
Silver X Mining Corp. reported it intersected intervals of 928.13 g/t Ag eq. over 1.38 m and 631.71 g/t Ag eq over 0.92 m while carrying out expansion drilling at its Tangana 1 Project in Peru. In a news release, Canadian exploration and development company Silver X Mining (AGX:CA), announced "it has intersected significant intervals of high-grade silver-polymetallic mineralization at the Tangan...Read More
The reason humans are dying out is simple and straightforward. It's best summarized in the famous line from Walt Kelly's 1970 Pogo cartoon: "We have met the enemy and he is us."Humans are the reason humans are dying out. We're not having enough babies. It's that simple.When I use the word "enough" it's important to put a mathematical value on that. This is not guesswork. The key number is 2.1. Tha...Read More
LONDON, 23 August 2021 - Analysis and comment from BullionVault features in today's gold-price report from MarketWatch, the widely syndicated US financial news site.While the falling Dollar helped gold rally today, the metal has also hit "multi-week highs priced in Euros and Yen, and it's now 8% higher from August's flash crash in terms of the British Pound" says MarketWatch, quoting BullionVault....Read More
Gold prices are slipping as talk of a “taper tantrum” has investors thinking that the US Federal Reserve’s bond-buying program could be scaled back.Over the last three days spot gold has dropped $18, peak to trough, on news of US jobless claims falling sharply to 348,000, and the US dollar scaling over a nine-month peak. The dollar’s rise makes gold expensive for holders of...Read More
Gold prices are slipping as talk of a “taper tantrum” has investors thinking that the US Federal Reserve’s bond-buying program could be scaled back.Over the last three days spot gold has dropped $18, peak to trough, on news of US jobless claims falling sharply to 348,000, and the US dollar scaling over a nine-month peak. The dollar’s rise makes gold expensive for holders of...Read More
Gold prices are slipping as talk of a “taper tantrum” has investors thinking that the US Federal Reserve’s bond-buying program could be scaled back.Over the last three days spot gold has dropped $18, peak to trough, on news of US jobless claims falling sharply to 348,000, and the US dollar scaling over a nine-month peak. The dollar’s rise makes gold expensive for holders of...Read More
Gold prices are slipping as talk of a “taper tantrum” has investors thinking that the US Federal Reserve’s bond-buying program could be scaled back.Over the last three days spot gold has dropped $18, peak to trough, on news of US jobless claims falling sharply to 348,000, and the US dollar scaling over a nine-month peak. The dollar’s rise makes gold expensive for holders of...Read More
Adam HamiltonArchivesAug 20, 2021Gold stocks' best-performing subset has been pummeled lower recently, leaving a wake of devastated sentiment. Traders have wholesale abandoned the mid-tier and junior gold miners which are this sector's sweet spot for upside potential during gold uplegs. These gold miners just finished reporting their latest quarterly results, revealing whether their fundamentals j...Read More