The rise and fall of gold stocks is a story of hurt and disappointment. That is because most of the time gold stocks are in decline.Below are four charts which depict the sad story. Following each chart I will make some brief comments… HUI – 1 Year ChartNYSE Arca Gold BUGS Index (INDEX)The HUI is back to its low reached earlier this year in March, at just under 255. Where it goes fr...Read More
Ladies and gentlemen, we have abreakdown! Gold stocks underperformed the yellow metal so much that theyreached the lowest levels seen this year…The HUI Index (goldstocks) broke to new 2021 lows while the USD Index broke to new 2021 highs.Just as I’ve been warning you.Mining stocks’ extremeweakness relative to gold continued yesterday, and while it may seem likethe weakness has t...Read More
The rise and fall of gold stocks is a story of hurt and disappointment. That is because most of the time gold stocks are in decline.Below are four charts which depict the sad story. Following each chart I will make some brief comments… HUI – 1 Year ChartNYSE Arca Gold BUGS Index (INDEX)The HUI is back to its low reached earlier this year in March, at just under 255. Where it goes fr...Read More
Ladies and gentlemen, we have abreakdown! Gold stocks underperformed the yellow metal so much that theyreached the lowest levels seen this year…The HUI Index (goldstocks) broke to new 2021 lows while the USD Index broke to new 2021 highs.Just as I’ve been warning you.Mining stocks’ extremeweakness relative to gold continued yesterday, and while it may seem likethe weakness has t...Read More
The rise and fall of gold stocks is a story of hurt and disappointment. That is because most of the time gold stocks are in decline.Below are four charts which depict the sad story. Following each chart I will make some brief comments… HUI – 1 Year ChartNYSE Arca Gold BUGS Index (INDEX)The HUI is back to its low reached earlier this year in March, at just under 255. Where it goes fr...Read More
Ladies and gentlemen, we have abreakdown! Gold stocks underperformed the yellow metal so much that theyreached the lowest levels seen this year…The HUI Index (goldstocks) broke to new 2021 lows while the USD Index broke to new 2021 highs.Just as I’ve been warning you.Mining stocks’ extremeweakness relative to gold continued yesterday, and while it may seem likethe weakness has t...Read More
The rise and fall of gold stocks is a story of hurt and disappointment. That is because most of the time gold stocks are in decline.Below are four charts which depict the sad story. Following each chart I will make some brief comments… HUI – 1 Year ChartNYSE Arca Gold BUGS Index (INDEX)The HUI is back to its low reached earlier this year in March, at just under 255. Where it goes fr...Read More
Ladies and gentlemen, we have abreakdown! Gold stocks underperformed the yellow metal so much that theyreached the lowest levels seen this year…The HUI Index (goldstocks) broke to new 2021 lows while the USD Index broke to new 2021 highs.Just as I’ve been warning you.Mining stocks’ extremeweakness relative to gold continued yesterday, and while it may seem likethe weakness has t...Read More
Recent drill results from two targets at Aurania Resources' Lost Cities-Cutucu project are reviewed in a Noble Capital Markets report. In an Aug. 20 research note, Noble Capital Markets analyst Mark Reichman reported new drill results from Aurania Resources Ltd.'s (ARU:TSX.V; AUIAF:OTCQB) Tsenken N1 and Tiria-Shimpia targets at its Lost Cities-Cutucu project."The current drilling program appears...Read More
Pretium Resources "accomplished another profitable quarter," ending with $400.8M in-hand. Pretium's Brucejack MinePretium Resources Inc. (PVG:TSX; PVG:NYSE) announced in a news release its Q2/21 financial and operational results, highlighting that it is on track to meet full-year guidance and now its cash exceeds its debt."We accomplished another profitable quarter with $152.3 million ($152.3M) i...Read More
A Stifel report noted MAG Silver "demands a higher premium given its 'royalty-like' structure and strong, near-term-free cash flow." In a July 28 research note, Stifel analyst Stephen Soock reported that the new mill being built at MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) Juanicipio joint venture project with Fresnillo should be ready for the planned Q4/21 commissioning.Also, Soock highlig...Read More
Sitka Gold reported that during its 2021 drilling campaign, it intercepted 318m of 0.45 g/t gold in the Saddle Zone along with 354m of 0.41 g/t gold in the Eiger Zone at its RC Gold Project in the Yukon. In a news release, Canadian mineral explorer Sitka Gold Corp. (SIG:CSE; SITKF:OTCQB; 1RF:FSE) announced "significant assay results from the first three drill holes completed this season at its...Read More
Technical analyst Clive Maund charts silver and explains why he believes the metal is in the “perfect” buy spot. Silver is now regarded as the best value hard asset around, and it really doesn’t matter in the long-term whether J. P. Morgan and the other banks try to suppress the price or not. Like gold, it has intrinsic value and, in the situation of high inflation that we are mo...Read More
Technical analyst Clive Maund charts silver and explains why he believes the metal is in the “perfect” buy spot. Silver is now regarded as the best value hard asset around, and it really doesn’t matter in the long-term whether J. P. Morgan and the other banks try to suppress the price or not. Like gold, it has intrinsic value and, in the situation of high inflation that we are mo...Read More
Technical analyst Clive Maund charts silver and explains why he believes the metal is in the “perfect” buy spot. Silver is now regarded as the best value hard asset around, and it really doesn’t matter in the long-term whether J. P. Morgan and the other banks try to suppress the price or not. Like gold, it has intrinsic value and, in the situation of high inflation that we are mo...Read More
Technical analyst Clive Maund charts silver and explains why he believes the metal is in the “perfect” buy spot. Silver is now regarded as the best value hard asset around, and it really doesn’t matter in the long-term whether J. P. Morgan and the other banks try to suppress the price or not. Like gold, it has intrinsic value and, in the situation of high inflation that we are mo...Read More
Freeport Resources Inc. reported it has completed its previously announced acquisition of Carpo Resources Inc. giving it a controlling interest in the exploration license for the Yandera Copper Project. Canadian junior exploration company Freeport Resources Inc. (FRI:TSX.V) announced in a news release that "it has acquired all of the outstanding share capital of Carpo Resources Inc. (Carpo)."The...Read More
Inflation softened slightly in July and gold prices rose, but the bullish joy may be premature. How should we respond?Inflation eased a bit in July, but it remained disturbingly high. According to the latest BLS report on inflation, the CPI increased 0.5% in July after rising 0.9% in June. The core CPI, which excludes food and energy, also softened, as it rose 0.3% in July after increasing 0.9% in...Read More
Inflation softened slightly in July and gold prices rose, but the bullish joy may be premature. How should we respond?Inflation eased a bit in July, but it remained disturbingly high. According to the latest BLS report on inflation, the CPI increased 0.5% in July after rising 0.9% in June. The core CPI, which excludes food and energy, also softened, as it rose 0.3% in July after increasing 0.9% in...Read More
Inflation softened slightly in July and gold prices rose, but the bullish joy may be premature. How should we respond?Inflation eased a bit in July, but it remained disturbingly high. According to the latest BLS report on inflation, the CPI increased 0.5% in July after rising 0.9% in June. The core CPI, which excludes food and energy, also softened, as it rose 0.3% in July after increasing 0.9% in...Read More