Of course, you realize that if this tragic business in the Middle East gets out of hand millions of people might die, maybe even you and me. Any way you cut it, looks like Islam wants to rumble.Basic problem: The little slab of land on the Mediterranean at issue is in the possession of one group of people and another group of people wants to drive them out. There is no "two state solution" because...Read More
While geopolitical conflict has keptgold afloat, mining stocks’ weakness signals trouble ahead. EconomicRecession LoomsWhile risk assets attempt to breakfree of their bearish corrections, gold’s relative outperformance hasthe yellow metal shining bright. Despite that, we’ve booked 11-straightprofitable trades, and our 12th (currently open) remains in the gree...Read More
Gold mining stock charts have not yet confirmed a sustainable rally, and Q3 fundamentals may be a headwindWe have used this daily chart of the gold stock ETF, GDX in written and video updates to keep NFTRH subscribers apprised of the progress of the bounce from the early October low (after previously using the chart to manage the long correction that began with the May double top). Let’s upd...Read More
2023 has been a great year for Omai Gold Mines Corp. The company, which has been public since 1995, has completed 16 test drill holes intersecting multiple gold-bearing zones. Read on to see what experts are saying about this gold stock.Omai Gold Mines (TSXV:OMG) is a Canada-based mineral exploration and development company engaged in the acquisition, exploration, evaluation, and development of mi...Read More
This company's new processing plant at its silver project in Mexico has achieved full capacity. See why one analyst said the company is "our pick for a quality silver name."MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) new processing plant at its 44%-owned Juanicipio mine in Zacatecas, Mexico, achieved full capacity of 4,000 tonnes per day (tpd) in September, the company said as it announced thi...Read More
Gold mining stock charts have not yet confirmed a sustainable rally, and Q3 fundamentals may be a headwindWe have used this daily chart of the gold stock ETF, GDX in written and video updates to keep NFTRH subscribers apprised of the progress of the bounce from the early October low (after previously using the chart to manage the long correction that began with the May double top). Let’s upd...Read More
Gold mining stock charts have not yet confirmed a sustainable rally, and Q3 fundamentals may be a headwindWe have used this daily chart of the gold stock ETF, GDX in written and video updates to keep NFTRH subscribers apprised of the progress of the bounce from the early October low (after previously using the chart to manage the long correction that began with the May double top). Let’s upd...Read More
Gold mining stock charts have not yet confirmed a sustainable rally, and Q3 fundamentals may be a headwindWe have used this daily chart of the gold stock ETF, GDX in written and video updates to keep NFTRH subscribers apprised of the progress of the bounce from the early October low (after previously using the chart to manage the long correction that began with the May double top). Let’s upd...Read More
Barry Dawes of Martin Place Securities takes a look at current trends in the market, including the gold market.KEY POINTSGoldBreaks out of pennantOption expiry volatilityReady to move higher nowGold stocksSentiment still poorOption expiry selloffSupporting on downtrendGold stocks vs GoldReversal pattern developingStocksEarnings still risingMarket sentiment is pessimisticBanks underpressureCOVID dr...Read More
In the course of almost four years, and really dating back a decade and a half, I've managed to read most of the writings of the intellectuals, titans of industry and government officials who constructed the strange reality of 2020 and after.They wanted to conduct a science experiment on the human population. Because infectious disease knows no borders, they knew for sure it would have to be a glo...Read More
Gold mining stock charts have not yet confirmed a sustainable rally, and Q3 fundamentals may be a headwindWe have used this daily chart of the gold stock ETF, GDX in written and video updates to keep NFTRH subscribers apprised of the progress of the bounce from the early October low (after previously using the chart to manage the long correction that began with the May double top). Let’s upd...Read More
Sanu Gold Co. released news that it had closed its 3.45 million private placement. Read to see what the next steps are for the company and why some experts are focused on gold.This morning, Sanu Gold Corp. (SANU:CSE;SNGCF:OTCQB) announced it had closed its CA$3.45 million non-brokered private placement. This private placement was originally announced in September and was comprised of 69,000,000 co...Read More
I must disclose this immediately: I utterly loathe the World Economic Forum. To quote Obi-Wan Kenobi, "You'll never find a more wretched hive of scum and villainy."From Jacinda Ardern, the Woman Who Would Be Queen (of New Zealand), to Chrystia Freeland, granddaughter of one Nazi and chief cheerleader for another, to Justin Trudeau, the chip off the old block, all who associate with the World Econo...Read More
Strategic shareholder Frank Giustra has increased his stake in Blackwolf Copper and Gold as a part of the company's most recent private placement deal. Read on to see why analysts like this company's stock.Blackwolf Copper and Gold Ltd. (BWCG:TSX.V) announced in a press release that the company has closed a private placement deal where Frank Giustra, a strategic shareholder, was a major investor....Read More
We learn today the gross domestic product expanded at an annualized 4.9% rate last quarter.CNBC:Gross domestic product, a measure of all goods and services produced in the U.S., rose at a seasonally adjusted 4.9% annualized pace in the July-through-September period, up from an unrevised 2.1% pace in the second quarter, the Commerce Department reported Thursday...The sharp increase came due to cont...Read More
This gold company just made its first pour of gold at its flagship project in Fiji and is continuing to see high-grade results from infill and grade-control drilling. One analyst calls it "one of the highest-grade gold mines in the world."Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX; LLO:ASX) has announced new high-grade gold drilling results from continued infill and grade-control drilling at its...Read More
"Luxurious languor"…We hazard the epoch of luxurious languor 18th-century philosopher David Hume's delicious expression is closing.It acquired its existence through the post-2008 imposition of artificially reduced interest rates.Rates at or near zero reigned for an entire decade and longer. Credit was essentially... costless.The United States economy got accustomed to it even dependent...Read More
Sierra Madre Gold and Silver Corp. has partnered with consultant to evaluate a new storage facility for tailings. Read on to see why analysts like this company's stock.Sierra Madre Gold and Silver Ltd. (SM:TSX.V; SMDRF:OTCQX) put out a press release announcing its partnership with Stantec Consulting International LLC to perform analysis on its tailings depositions options related to its La Guitarr...Read More
This company has closed on its US$17 million investment agreement with Dakota Gold Corp., which is exploring near the historic mine once called the "Richest 100 Square Miles" on Earth.Dakota Gold Corp. (DC:NYSE American) announced that its US$17 million investment agreement with Orion Mine Finance has closed.OMF Fund IV SPV C LLC, which is managed by Orion, purchased 6,666,667 shares of Dakota Gol...Read More
Sierra Madre Gold and Silver Corp. has partnered with consultant to evaluate a new storage facility for tailings. Read on to see why analysts like this company's stock.Sierra Madre Gold and Silver Ltd. (SM:TSX.V; SMDRF:OTCQX) put out a press release announcing its partnership with Stantec Consulting International LLC to perform analysis on its tailings depositions options related to its La Guitarr...Read More