LONDON, 6 December 2023 - Data, comment and analysis from BullionVault feature today at investment-management and family-office magazine Wealth Briefing, reporting on this week's gold-price spike to new record highs.Despite the price jump, and "apart from Asian central banks and Western hedge funds playing in the yellow metal, the bullish move in gold is not a crowded trade," says the magazine, qu...Read More
As gold broke out to an all-time high and Bitcoin hit a 20-month high, McAlinden Research reviews current movements in the market and where its believes these are headed.On Sunday evening, spot gold prices surged to an all-time high north of $2,150. That capped a 16.5% rally since the start of the year. At the same time, the unit price of the world's largest cryptocurrency, Bitcoin (BTC), tapped $...Read More
Goldbugs, your time has come.Welcome to the Big Show!Gold futures have finally broken free of a choppy, four-year range to extend to new all-time highs.Today, I'll dig into gold's massive breakout. I'll show you how the move has developed, where gold's headed, and some important milestones to watch.But first, you need to see how choppy, post-pandemic trading has led to the biggest gold breakout we...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
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
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
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
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
Defense Metals Corp. recently filed a NI 43-101 MRE technical report for its Wicheeda Rare Earth Element Project, noted Noble Capital analyst Mark Reichman.Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) recently increased the resource estimate for its Wicheeda rare earth element project in Canada by 18% and continues working towards a preliminary feasibility study in 2024, noted Noble Cap...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
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
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
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, 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
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
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
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
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