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

Money being scarce saves us from many pernicious forms of mischief, and having too much money/credit leads to catastrophe. This is of course the exact opposite of the conventional belief that having lots of money makes life not just easier but expansive and, well, as perfect as human life can be.On the scale of nation-states, having too much money/credit leads to the catastrophe of wars of choice,...Read More

Barry Dawes of Martin Place Securities takes a look at the current state of gold after Friday's dip, as he believes gold should recover and go to new highs.Gold bounced from Friday's downdraft. US$ is strong. T Bonds give another (false?) rally in yield.Key PointsGoldPull back in gold has not breached parabolasStill in good support.Big falls take out selling energyShould recover and go on to new h...Read More

Blackwolf Copper & Gold Ltd. (TSXV.BWCG;OTC:BWCGF) announced that it has filed and mailed materials for a special shareholders' meeting to approve its proposed merger with Treasury Metals Inc. Read why analysts see this as a "strong transaction."Blackwolf Copper & Gold Ltd. (TSXV.BWCG;OTC:BWCGF) announced that it has filed and mailed materials for a special shareholders' meeting on June 26 to appr...Read More

After Friday's drop, Technical Analyst Clive Maund shares where he believes the gold market is headed and why he thinks you should still invest in gold.We were wholly unfazed by gold's sharp drop last Friday, realizing that in the larger scheme of things, it was just a "storm in a teacup," and if you want a fundamental explanation for it, a very good one was provided by John Rubino in his illumina...Read More

Barry Dawes of Martin Place Securities shares his current thoughts on the market, taking a look at T-Bonds, gold, the U.S. dollar, the Australian dollar, and European stocks to explain where he sees it all heading.Gold's upward direction is confirmed.Bonds breaking 3-year downtrend.Stock markets are heading higher globally.What WWIII was that again?Gold stocks are resilient and ready for the next...Read More

Graphano Energy Ltd (GEL:TSXV; GELEF:OTCMKTS) announced it has started its spring and summer exploration program at its 100%-owned graphite properties in Quebec. One analyst says its favorable point to buy the stock.Graphano Energy Ltd (GEL:TSXV;GELEF:OTCMKTS) announced it has started its spring and summer exploration program at its 100%-owned graphite properties in Quebec.The program commenced in...Read More

Financially speaking, the markets have been all over the map in the past four years since the onset of Covid and the self-inflicted wounds from forced economic shutdown. I went back to August 2020, five months after the festivities began,  and pulled up some charts which show the price action since then for gold (money), wheat (food), crude oil (energy), and stocks (S&P 500). I will make...Read More

Another week, another record high for gold. On Wednesday, the monetary metal surged above $2,300 per ounce. Ittook a bit of a breather Thursday ahead of today’s key employment report but itrallied again on Friday.  Turning to silver, it made a significantbreakout of its own this week. The white metal shot upabove the $27 level to a fresh 2-year high and rallied to over $27.50 on Friday...Read More

On the occasion of another standout payrolls report, we note that the macro is indeed changing beneath the surfaceAnother payrolls report, another beat of expectations. Here is the breakdown of the details as posted earlier. However, let’s pluck one graphic from that post and illustrate a phenomenon I’ve been watching unfold for several months in a row; that of unabated government hiri...Read More

GOLD PRICE IF THE FED DOESN’T CUTWith the increasing gold price of late comes the assumption that the expected cut in interest rates will open a torrent of cheap money that will bring the U.S. dollar down with a thud.  But, what would happen to the gold price if the Fed doesn’t cut interest rates?What seemed like a universally expected event may not be as likely as some have assum...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