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
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
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
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
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
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
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
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
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
With the economic backdrop continuingto deteriorate, silver’s bull case has become increasingly fragile.Ominous Signs AheadWhile silver has bounced off its recentlows, the white metal continues to underperform gold. And whenvolatile areas of the precious metals market showcase weakness (silver andmining stocks) it’s often an ominous sign for the entire sector. In addition,&n...Read More
Dolly Varden has closed a strategic deal with Hecla Canada Ltd. valued at CA$10 million. Read on to see why analysts like this major silver company.Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) has announced in a press release that it has established an agreement with Hecla Canada Ltd. pertaining to Hecla's acquisition of 15,384, 616 common shares valued at CA$0.65 of Dolly Varden, totaling in...Read More
With the economic backdrop continuingto deteriorate, silver’s bull case has become increasingly fragile.Ominous Signs AheadWhile silver has bounced off its recentlows, the white metal continues to underperform gold. And whenvolatile areas of the precious metals market showcase weakness (silver andmining stocks) it’s often an ominous sign for the entire sector. In addition,&n...Read More
With the economic backdrop continuingto deteriorate, silver’s bull case has become increasingly fragile.Ominous Signs AheadWhile silver has bounced off its recentlows, the white metal continues to underperform gold. And whenvolatile areas of the precious metals market showcase weakness (silver andmining stocks) it’s often an ominous sign for the entire sector. In addition,&n...Read More
Is a common refrain in certain economic circles:"We need to reform the Federal Reserve."We are told this should be done or that should be done.This will make it more efficient, that will make it more transparent.And perhaps even it would.Yet we take a dim view of most "reform." The reason is simple as Sam and clear as gin.Reform is an ax that rarely strikes the root. That is often by design.It is...Read More
With the economic backdrop continuingto deteriorate, silver’s bull case has become increasingly fragile.Ominous Signs AheadWhile silver has bounced off its recentlows, the white metal continues to underperform gold. And whenvolatile areas of the precious metals market showcase weakness (silver andmining stocks) it’s often an ominous sign for the entire sector. In addition,&n...Read More
Technical Analyst Clive Maund takes a look at Collective Mining's 6-month chart to tell you why now is the time to buy this stock.Collective Mining Ltd. (CNL:TSXV) is rated an Immediate Strong Speculative Buy as close to the open this morning as possible. Its chart is looking very positive and the news came out that it has drilled its best hole to date.On its latest 6-month chart below, we can see...Read More
This past Tuesday, I offered the following forecast of what would happen at the FOMC meeting this week:On Wednesday, the Fed will leave its target rate for fed funds unchanged. That decision will keep the federal funds target at 5.50% as set at the July 26, 2023, meeting. Over the course of [13] FOMC meetings beginning March 16, 2022, I've been correct in all of my forecasts including the "skipped...Read More
Global Analyst Adrian Day discusses some set-backs at several major mining companies, as well as stellar results from a top business development company.Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE)reported 3Q production up 4% on the prior year, though still slightly below expectations.Higher production at Malartic was offset by a temporary transformer issue at Detour Lake that resulted in 25 days o...Read More
These data are from the recent campaign and will be incorporated into the 2024 prefeasibility study, noted a Canaccord Genuity report.Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQX) released a large batch of positive 2023 drill results from its Black Pine oxide gold project in Idaho, reported Canaccord Genuity analyst Peter Bell in an October 31 research note."Overall, we believe these results bode well...Read More