LONDON, 19 September 2024 - Gold may have edged back from last night's new $2600 peak after the US Fed's rate cut, says global newswire Reuters, but further gains look certain according to BullionVault's Adrian Ash."There's lots of room for gold's bull market to keep running as the real returns to cash fall into the election and then into new year 2025," Adrian tells Reuters today.Read the full st...Read More
September strikes again!After just a handful of trading days, I'm here to report that this month is going much like many investors feared...Stocks are skidding lower at an alarming rate so far this month and traders are running for cover, buying up safety trades like utilities and consumer staples names as tech stocks and other popular plays continue to dive.The post-Labor Day malaise has been abs...Read More
Renegade Gold Inc. (RAGE; TSX: TGLDF; OTC: 070:FSE) has released initial results from the second phase of drilling at its Newman Todd Deposit in Red Lake, Ontario. Read to learn what these results confirm for future exploration potential.Renegade Gold Inc. (RAGE; TSX: TGLDF; OTC: 070:FSE) has released initial results from the second phase of drilling at its Newman Todd Deposit in Red Lake, Ontar...Read More
Ron Struthers of Struthers Resource Stock Report takes a look at B2Gold Corp. (BTG:NYSE; BTO:TSX; B2G:NSX), which he believes is looking up. I have been commenting how little new interest there has been in Comex Gold contracts and the gold ETFs.This is a stealth rally and just a trickle of participation out of North America thus far. Comex net long positions have increased some since April, but no...Read More
Michael Ballanger of GGM Advisory Inc. takes a look at current movements in the market and shares two stocks he has been keeping an eye on.My favorite market historian and newsletter writer was Richard Russell. A native New Yorker, he moved to La Jolla, California, later in life, where he wrote Dow Theory Letters until his death in 2015 at age 91. Not only was he a superb technical analyst, but he...Read More
Endurance Gold Corp (EDG:TSX.V; ENDGF:OTCPink; 3EG:Frankfurt) recently reported assay results showing high-grade gold intersections from all six drill holes, according to an Atrium Research note.Atrium Research analysts Ben Pirie and Nicholas Cortellucci, in a research report published on September 17, 2024, provided an update on Endurance Gold Corp (EDG:TSX.V; ENDGF:OTCPink; 3EG:Frankfurt) follow...Read More
Expert John Newell explains why he thinks First Nordic Metals Corp. (FNM:TSX; FNMCF:OTCQB) is a Buy.First Nordic Metals Corp. (FNM:TSX; FNMCF:OTCQB), born from the recent merger of Gold Line Resources and Barsele Minerals, is quickly positioning itself as a leading force in European gold exploration.With a strategic focus on highly prospective regions in Sweden and Finland, First Nordic's flagship...Read More
Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) has announced plans to commence its 16-hole reverse circulation (RC) drilling program at the Majuba Hill Porphyry Copper Deposit in Pershing County, Nevada. Find out what is planned for this phase of exploration moving forward.Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) has announced plans to commence its 16-hole reverse circulation (RC) dril...Read More
A truly staggering quantity of content is aimed at predicting what happens next, aka the future, and justifies their prediction by referencing models that are presented as rock-solid predictive tools.The majority of these models are based on historical examples that have been distilled into models of “how the world works,” i.e. claims that these were not one-offs or outliers but exampl...Read More
As my longtime readers know, I'm a financial forecaster who prefers to focus on markets.But because politics can have such a large influence on markets, I can't afford to ignore politics. So I'll be focusing a lot on the November election in the next two months.Today we'll be looking at the candidates' platforms, along with polling results and methodologies.We'll also consider some wild cards that...Read More
StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) announced that other parties have staked claims in and around its flagship Cuprite Gold Project in Nevada in what could be the early stages of a new gold district in the state. Find out why one analyst says investors may want to go overweight on this stock.StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) announced that other parties have staked claims i...Read More
Allegiant Gold Ltd. (AUAU:TSX.V; AUXXF:OTCQX) has started a new drilling program at its Eastside property, located near Tonopah, Nevada. Read about the company's primary objective with this project and what the plans are for the future.Allegiant Gold Ltd. (AUAU:TSX.V; AUXXF:OTCQX) has started a new drilling program at its Eastside property, located near Tonopah, Nevada. Allegiant's primary object...Read More
Barry Dawes of Martin Place Securities details why he thinks Chalice Mining Ltd. (CHN:ASX; CGMLF:OTCQB) might be the super stock of the decade.Chalice Mining Ltd. (CHN:ASX; CGMLF:OTCQB) is a super stock for the next decade.I still think an AU$20 target is on track for a few years out.The company has a market cap of US$450 million on 389 million shares at AU$1.15 and AU$111 million in cash.Palladiu...Read More
"So did you meet President Reagan?" It was back in the 1980s. I was speaking with another Navy officer. We were both on the staff of the Chief of Naval Operations (CNO). And she had been invited to attend a state dinner at the White House.State dinners are a big deal, anytime and under any administration. An invitation to an event like that is a rare ticket in Washington, D.C. Even within the ethe...Read More
Silver North Resources Ltd. (SNAG:TSX; TARSF: OTCQB) started its 2024 drilling campaign at its Haldane property in the historic Keno Hill silver district of the Yukon, which one analyst said is a "standout opportunity" for the company.Silver North Resources Ltd. (SNAG:TSX; TARSF: OTCQB) announced it has started its 2024 drilling campaign at its wholly owned Haldane property in the historic Keno Hi...Read More
LONDON, 14 September 2024 - Data and analysis from BullionVault are featured at length today by leading US finance news-site MarketWatch."Gold demand on BullionVault, whose users hold more than $3.6 billion in gold, rose 14% over a recent 24-hour period, but selling jumped by 298%, leading to net liquidation of almost 0.1 metric ton," says the report, quoting comment from the online marketplace, t...Read More
Yesterday, gold prices broke out. Michael Ballanger of GGM Advisory Inc. shares his thoughts on this and recommends two stocks.Yesterday's big news was the incredible breakout in gold prices, with the December contract going out on session highs at US$2,587.60, with the high tick a mere dime higher at US$2,587.70.SPDR Gold Shares ETF (GLD:NYSE) followed suit with a 1.76% advance.Silver outperforme...Read More
Here in Annapolis summer's fever has broken.Deep azure vaults high overhead... and refrigerating wafts steal in from the Chesapeake Bay.All is peace.Many analysts consider September a month of market peace. Look to October, they say.October is when the gales blow in.The Panic of 1907, the Crash of 1929, "Black Monday" 1987 all came barreling through in October.October's reputation is so villaino...Read More
Fitzroy Minerals Inc. (FTZ:TSX.V; FTZFF:OTCQB) announced a major expansion of copper-in-soil anomalies at its Polimet Gold-Copper-Silver Project in Chile. See why the company considers this news to be a high priority for future exploration in the region.Fitzroy Minerals Inc. (FTZ:TSX.V; FTZFF:OTCQB) announced a major expansion of copper-in-soil anomalies at its Polimet Gold-Copper-Silver Project...Read More