Jack ChanPosted Oct 7, 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 SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.COT data favors overall lower gold prices.COT data favors overall lower silver prices.Our ratio remains on a SELL signal.USD...Read More
Dr. Peter Megaw, MAG Silver's chief exploration officer, has been waiting for decades to explore the Deer Trail Mine area. Deer TrailMAG Silver Corp. (MAG:TSX; MAG:NYSE A), known for its high-grade Juanicipio silver project in Mexico that it is developing with Fresnillo Plc, is branching out with an earn-in agreement to acquire 100% of the Deer Trail Project in Utah.The company has consolidated l...Read More
Peter Epstein of Epstein Research profiles this company exploring in British Columbia's Golden Triangle and explains why he believes it stands out from its peers.Note: On the morning of October 8th, Sassy Resources (CSE: SASY) announced a C$5M non-brokered private placement. Few gold/silver jurisdictions on the planet share the high-grade, high excitement and high company valuations of the Golden...Read More
Adrian Day and the leadership teams of three precious metals royalty companies discuss their upcoming catalysts and events.Adrian Day, London-born and a graduate of the London School of Economics, heads the money management firm Adrian Day Asset Management, where he manages discretionary accounts in both global and resource areas. Day is also sub-adviser to the EuroPacific Gold Fund (EPGFX). His l...Read More
Drilling at Scottie Resources' properties returned results as high as 2.53 meters of 109.4 g/t gold and 32.4 g/t silver. In a news release, Scottie Resources Corp. (SCOT:TSX.V) announced that initial results from its 2020 exploration program at its British Columbia properties, specifically the O-Zone and Blueberry, show the drill bit continuing to intersect high-greade gold and silver mineralizat...Read More
Dolly Varden Silver hits "intercepts with consistent, strong silver mineralization, significant thickness and areas of very high-grade silver," including 1,240 g/t silver over 16 meters. Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCMKTS) announced in a news release the results from stepout and infill drilling at its Torbrit silver property in British Columbia."We are pleased to see stepout drill...Read More
Caldas Gold Corp.'s estimate for its Juby Gold Project in northeastern Ontario is based upon results from a recently filed NI 43-101 technical report. In a news release, Caldas Gold Corp. (CGC:TSX.V; ALLXF:OTCQX) announced that it has completed an updated mineral resource estimate (MRE) for its Juby Gold Project (Juby), prepared in accordance with NI 43-101 standards.The company highlighted that...Read More
In the five months between March and August this year, the price of silver increased from a fourteen-year low of $11.77 per ounce to a seven-year high of $29.26. That is a whopping gain of one hundred sixty-three percent.Meanwhile, gold’s price rose from its low of $1472 per ounce to a recent high of $2061. That represents a gain of forty percent, which is certainly a handsome number. N...Read More
Recent sentiment toward the yellow metal matched peak 2011 levels You may recall investor optimism that attended gold's then record high of $1921.50 in September 2011.A Gallup poll from that time period captured the prevailing sentiment. The Sept. 2, 2011 Elliott Wave Financial Forecast said a monthly publication which provides forecasts for major U.S. financial markets, said:Perhaps the stronges...Read More
In the five months between March and August this year, the price of silver increased from a fourteen-year low of $11.77 per ounce to a seven-year high of $29.26. That is a whopping gain of one hundred sixty-three percent.Meanwhile, gold’s price rose from its low of $1472 per ounce to a recent high of $2061. That represents a gain of forty percent, which is certainly a handsome number. N...Read More
Recent sentiment toward the yellow metal matched peak 2011 levels You may recall investor optimism that attended gold's then record high of $1921.50 in September 2011.A Gallup poll from that time period captured the prevailing sentiment. The Sept. 2, 2011 Elliott Wave Financial Forecast said a monthly publication which provides forecasts for major U.S. financial markets, said:Perhaps the stronges...Read More
In the five months between March and August this year, the price of silver increased from a fourteen-year low of $11.77 per ounce to a seven-year high of $29.26. That is a whopping gain of one hundred sixty-three percent.Meanwhile, gold’s price rose from its low of $1472 per ounce to a recent high of $2061. That represents a gain of forty percent, which is certainly a handsome number. N...Read More
Recent sentiment toward the yellow metal matched peak 2011 levels You may recall investor optimism that attended gold's then record high of $1921.50 in September 2011.A Gallup poll from that time period captured the prevailing sentiment. The Sept. 2, 2011 Elliott Wave Financial Forecast said a monthly publication which provides forecasts for major U.S. financial markets, said:Perhaps the stronges...Read More
ELKO, Nev., Oct. 7, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, is pleased to announce that it will hold its Annual General Meeting ("AGM") on Monday, November 9, 2020 at 8:00am PT. Due to COVID-19 considerations, the Company has decided to hold its AGM virtually. Shareholders will be able to login and participate in the AGM...Read More
Fremont Gold reported it plans to drill a minimum of 1,500 meters during its fall drill program at its North Carlin Project in Nevada. The company will discuss the plans in greater detail during an open access webinar scheduled for 11:15 am EDT on October 8. Fremont Gold Ltd. (FRE:TSX.V; FRERF:OTCQB; FR2:FSE) announced today in a news release, that the company "plans to drill the North Carlin gol...Read More
Buyers in the two biggest consumer markets have either been selling their holdings or borrowing against them. Continue...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comOct 6, 2020 Historically, gold tends to do well ahead of US elections and after the Chinese “Golden Week” holiday. Both these events are currently in play. Please click here now. Double-click to enlarge this important weekly gold chart. The low at about $1875 is light suppor...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 see, gold sto...Read More
Fremont Gold reported it intercepted 50.3m of 1.05 g/t Au at its Griffon gold project in Nevada and announced plans to initiate a fall drill program at its North Carlin project. In a news release, Fremont Gold Ltd. (FRE:TSX.V; FRERF:OTCQB; FR2:FSE) announced that it has "received nearly all the remaining assay results from the recently completed phase 1 drill program at the past producing Griffon...Read More
Whether the market is foreign or domestic, equity, commodity or metal the grind is on. Speaking of grind, the one in gold has been expected as the metal builds out its big picture Handle to the bullish Cup with an objective that is much higher. Let’s take a look at a few NFTRH charts to gauge the grind in several markets and by extension, the grind many feel on their nerves these days. It&rs...Read More