Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
James Howard Kunstler's Saturday reckoning drew a heaping mail.Did you read it? Go here if you did not.James claimed that America's governing class is insane.On vaccines, on mass immigration, on "lawfare" against Donald Trump, on the Ukraine bloodletting and more...Meantime, James contends America's non-governing class "normal" Americans is sane.Perhaps James stretches the facts. Perhaps James...Read More
Can you feel it? The tension rising to the red line?It runs clear through all of Western Civ. We're ruled by governments of fiends. But now, the sun rides higher in the sky. The sap is rising in the northern forests. The earth heaves. The buds swell and blush. Something is in the air. The animals are waking from their long winter sleep.The natives are restless.The two traditional political divisio...Read More
The explorer has sufficient funds to see it through federal permitting for its Idaho project, noted a Cantor Fitzgerald report.Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) sold a royalty on all future silver production from its Stibnite gold-antimony-silver open-pit project in Idaho to Franco-Nevada, which paid Perpetua US$8.5 million (US$8.5M) up front, reported Cantor Fitzgerald analyst Mike...Read More
This brine target features areas with low HSAMT resistivity values, which indicate highly conductive material is present. Read why one expert likes this project in Nevada.Canter Resources Corp. (CRC:CSE; CNRCF:OTC; 601:FRA) created a three-dimensional model of its main, "very compelling," potentially lithium-bearing target at its Columbus project in Nevada to better understand the subsurface struc...Read More
Technical Analyst Clive Maund reviews Silver X Mining Corp.'s 5-month chart to explain why he believes it is a Strong Buy.As set out in the last Silver Market update THE CASE FOR SILVER COULD NOT BE CLEARER.Silver is on the verge of following gold and breaking out into a major bull market and this bull market will eventually end up being all the greater because it is close to being at a record u...Read More
Defense Metals Corp. announced it has appointed a leading London corporate finance advisory boutique to review the strategic financing of its wholly owned Wicheeda rare earth element (REE) project in British Columbia. One analyst says the company could become a major global producer of the critical elements.Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) announced it has appointed a leadin...Read More
LONDON, 12 March 2024 - Comment from BullionVault is featured today in a note on gold snapping its recent run of new all-time highs from MarketWatch, the highly popular US investment news site."Short term, the physical market will need to digest the flood of unwanted metal sold by Western funds, investors and coin holders last week," says MarketWatch, quoting BullionVault director of research Adri...Read More
Ofthe many factors that determine gold price trends, the long-term cycle ofinflation and deflation is of singular importance. The cycle in questioncorresponds closely to the 50-to-60-year economic periodicity known as theKondratieff Wave (or K-Wave), but is in fact a separate cycle. As we’ll discusshere, the cycle tells us to expect a gradual acceleration of inflationarypressures between now...Read More
This week investors are witnessing a historic move in gold prices. The precious metal finally broke above a longstanding overhead resistance level to reach new all-time highs.On Thursday, gold closed at $2,170 per ounce – its highest level since…well, since records have been kept.As of this Friday recording, gold checks in at $2,203 an ounce on the heels of a 5.2% advance on the week...Read More
When you’re considering investing in precious metals, you are confronted with many options. Silver or gold? Bars or coins? And what in the world is an ETF?Understanding the differences between an ETF and physical gold and silver is an important first step in the journey to precious metals investing.ETF is an acronym for “Exchange Traded Fund.” In simplest terms, an ETF represents...Read More
GDXJ declined once again yesterday,but the situation in silver juniors is even worse!Silver Juniors inTroubleYes, it is possible for a market to bein an even worse position than gold junior mining stocks – that’s the case withsilver juniors.To be precise, the GDXJ aims to beexposed to about 80% gold juniors and 20% of silver juniors, but the SILJ ETFaims to be exposed to just silver mi...Read More
I haven't written much about gold in the recent past — since the failed breakout attempt early in December — simply because I haven't known what to make of it, and that indecisiveness has been reflected in the market itself, where we have seen gold stuck in a fairly narrow trading range, but now things are starting to become a lot clearer both fundamentally and technically, and as we w...Read More
The situation in gold and gold stocksis not stagnant. Something shifted. And the implications are not minor.A Moment of RealizationIn 1993, Aerosmith released the songcalled “Amazing”. I really enjoyed it when it came out and some of the lyricsstuck in my mind. When I was reviewing the charts to prepare today’s analysis,I recalled a part of that song. I wasn’t sure why, as...Read More
Gold price rallied this week, and thisgot many heads turning. Rightfully so?Let’s check the details and see whatreally happened.Having said that, let’s take a look atgold’s rally. Gold moved above its April 2023 high.Again.HistoricalPatterns: A Look BackThis is the fourth time that ithappened if we don’t count the tiny early-January attempts.All those moves have been invali...Read More
The combination of supports and acandlestick formation encouraged the bulls to fight.How high could stock go?Last week turned out to be a breakthroughfor the bulls. They managed to maintain important support, which attractedbuyers to the trading floor and resulted in further positive technical changes.How high can the bulls climb in the following days? You will find the answer tothis question in t...Read More
Silver is underpriced.In other words, silver is on sale.The current gold-to-silver ratio reveals this.This ratio tells you how many ounces of silver it takes to buy one ounce of gold. Or to put it another way, the gold:silver ratio tells you the price of gold in silver. In general, the ratio tends to narrow as a precious metals bull market unfolds.In other words, silver outperforms gold.The opposi...Read More
Thanks to the last week’s declines,natural gas lost 32% and approached the support area. What are theimplications?Major Declinein Natural Gas PricesLast week, natural gas recorded itsbiggest decline in months. Could this have been predicted? What technicalfactors encouraged the bears to attack? What changes did this movement leavebehind on the chart? You will find answers to these questions...Read More
Which countries have the most gold?Central banks around the world have aggressively added gold to their reserves over the last several years.In 2022, central bank gold buying came in at 1,136 tons. It was the highest level of net purchases on record dating back to 1950, including since the suspension of dollar convertibility into gold in 1971. It was the 13th straight year of net central bank gold...Read More