After nearly three weeks of sideways/downward price action in Gold and Silver, our researchers believe both metals have already set up another breakout/rally attempt after breaching downward resistance (shown as the downward sloping CYAN line). This could be another huge opportunity for precious metals traders as the next move higher should prompt a rally above recent highs. That means a target pr...Read More
Jack ChanPosted Oct 12, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal. Short-term signals can last for days and weeks and are more suitable for traders.Our ratio is back on BUY signal.USD is back on SELL signal.The bounce is over, looking for a test of the recent low, and per...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comOct 13, 2020 Both US political parties enjoy referring to their horrifying debt and money printing programs as “economic stimulus”.They sound like characters in a George Orwell novel, which is quite disturbing. Of course, their insane actions are great news for gold.Please cli...Read More
Independent financial analyst Matt Badiali discusses precious metals royalty companies as investments. Back in the last bull market, the big trend was the "prospect generator" business model. In this market, that switched to royalty companies, led by some former prospect generators.The prospect generator model should allow companies to use less cash to generate projects, then bring in partners. I...Read More
Gregory Beischer, CEO of Millrock Resources, and geologist Gabriel Graf speak with Maurice Jackson of Proven and Probable about the company's exploration program at 64North in Alaska. Maurice Jackson: Joining us for a conversation is the CEO of Millrock Resources Inc. (MRO:TSX.V; MLRKF:OTCQB), Gregory Beischer, along with Gabriel Graf, who works as a consultant for Millrock Resources. Glad to be...Read More
Dundee Precious Metals reported preliminary Q3/20 production results at its two gold mines in Bulgaria and its complex copper concentrate smelter operation in Namibia. In a news release, Dundee Precious Metals Inc. (DPM:TSX), announced preliminary production results from both of its mines in Bulgaria and the Tsumeb smelter for the three and nine months ended September 30, 2020.The company advised...Read More
ELKO, Nev., Oct. 13, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, today announced that it has issued a letter to its shareholders outlining the Company's recent and expected milestones, as it continues to advance its assets and projects. Recent Company highlights include:Acquisition of Northern Panther Resource Corporation, which...Read More
Oct 15, 2020 With the Federal Reserve having expended almost all monetary tools now, the only major course of action left, short of directly buying ETFs, is more quantitative easing, said Danielle DiMartino Booth, CEO of Quill Intelligence."If you're at the zero bound, and the Fed has been at the zero bound for much of the last decade, if you're at the zero bound, the only discussion you're really...Read More
Outcrop Gold, despite its name, is finding lots and lots of silver alongside gold at its Santa Ana project. Outcrop Gold Santa AnaOutcrop Gold Corp. (OCG:TSX.V; MRDDF:OTCPK; MRG1:DB) uses the prospect generator joint venture model, where it farms out exploration targets to partners, who then fund much of the exploration. But sometimes Outcrop breaks its own rules and explores a property itself.It...Read More
Peter Krauth explains why he believes investors should hold a position in silver. We're still in the early innings of a precious metals bull market.And if you're wondering whether you need to own some silver, my answer is categorically yes.It's only a matter of degree. With silver that's important because it acts like gold, but on steroids.Silver can languish for extended periods, even if gold mo...Read More
Through drilling, Liberty Gold extends 2-km-long D-1 Zone at its Black Pine project in Idaho. Three Liberty Gold Black Pine DiscoveriesLiberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) provided in a news release an update on its drill programs in the U.S. and Turkey.Regarding its U.S. asset, the Black Pine oxide gold project in Idaho, the Vancouver-based explorer reported the most recent results from its...Read More
Metallic Minerals hires a high-tech, mining-focused firm to help refine and prioritize exploration targets at its Yukon asset. Keno ProjectMetallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCMKTS) announced in a news release it engaged GoldSpot Discoveries Corp. to analyze, using its proprietary machine learning technology, the geological, geophysical and geochemical data from the explorer's flagship Ke...Read More
The USD/ZAR chart has been a good predictorfor silver rallies. Similar to the US Dollarindex, but a bit more accurate or precise. Very important silverbottoms tend to coincide with tops of the USD/ZAR chart.Below, is a chart of silver as compared withthe USD/ZAR chart, to demonstrates this fact: The 2001 silver bottom(SB) occurred onemonth before the key 2001 USD/ZAR bottom. This was followed by a...Read More
With the presidential election less than a month away, sector expert Michael Ballanger offers a forecast for the gold and silver markets. With a mere twenty-six days to the election of the "leader of the free world," of the richest, most powerful country in human history, financial markets are noticeably apprehensive as to outcome and understandably concerned with the reaction of the two deeply d...Read More
Oct 14, 2020 Guest(s): Mark Skousen Former Vice-President Joe Biden is currently leading in the polls, two weeks before the election, and should the Democrats win, major changes will happen to legislation that could seriously hurt investors, according to Mark Skousen, editor-in-chief of Forecasts & Strategies. "I think you could have a seismic change on November 3rd that will cause investor...Read More
The USD/ZAR chart has been a good predictorfor silver rallies. Similar to the US Dollarindex, but a bit more accurate or precise. Very important silverbottoms tend to coincide with tops of the USD/ZAR chart.Below, is a chart of silver as compared withthe USD/ZAR chart, to demonstrates this fact: The 2001 silver bottom(SB) occurred onemonth before the key 2001 USD/ZAR bottom. This was followed by a...Read More
The USD/ZAR chart has been a good predictorfor silver rallies. Similar to the US Dollarindex, but a bit more accurate or precise. Very important silverbottoms tend to coincide with tops of the USD/ZAR chart.Below, is a chart of silver as compared withthe USD/ZAR chart, to demonstrates this fact: The 2001 silver bottom(SB) occurred onemonth before the key 2001 USD/ZAR bottom. This was followed by a...Read More
For the last 2 days our internet has been down which really makes you appreciate this miracle invention. We’ve had intermittent problems through the years that no one has been able to figure out until today. The phone company finally came to the conclusion that there was a tiny defect in their phone line that would only show up from time to time which made the problem so hard to track down....Read More
Peter Krauth explains why he believes gold stocks are "churning out some serious profits that are likely to just keep getting better."It's not too late for you to buy gold and gold stocks on the cheap.If you haven't already, you may want to seriously consider it.That move might set you up for a run over the next few years that could turn into your single best investment…ever. You...Read More
Oct 12, 2020 Guest(s): Chantelle Schieven Research Head, Murenbeeld & Co. The silver market has seen some spectacular volatility this year as market expectations shift back and forth between deflation and inflation risks. One market analyst said that silver investors need to be patient as the market could see some significant buying momentum next year. In an interview with Kitco News, Chantelle...Read More