Michael Ballanger of GGM Advisory Inc. shares how India's copper demand may impact the metal's price. Ballanger also reviews the gold and silver market, and shares one company he thinks might have a VMS project. As I was doing some research this week on the history of copper demand, what started as a focus on China wound up with some interesting revelations surrounding the economic history of neig...Read More
Can the HUGE price move from thoseyears really be repeated?AnalogousSituations: 2008, 2022, and NowAs gold continues to move back andforth in the same trading range, I decided to dedicate today’s analysis tosomething different. After all, I already described my current goldprice forecast for May 2024 and the situation in the forex marketremains just as I had described it earlier. I emphasize...Read More
Michael Ballanger of GGM Advisory Inc. shares how India's copper demand may impact the metal's price. Ballanger also reviews the gold and silver market, and shares one company he thinks might have a VMS project. As I was doing some research this week on the history of copper demand, what started as a focus on China wound up with some interesting revelations surrounding the economic history of neig...Read More
LONDON, 8 May 2024 - Data from BullionVault features today in a report on the global gold market from UK personal finance site The armchair trader.As gold prices leapt to fresh all-time highs in April, "Gold investing among UK and other Western households rebounded from a record low in April," says the report, citing BullionVault's Gold Investor Index.Read The armchair trader's full report here:Wh...Read More
This is a highly consequential election year, to say the least. The policy differences between Biden and Trump are enormous. Whether it's taxes, regulation, borders, energy or foreign policy, the differences couldn't be clearer.And though I prefer to focus my analysis on markets alone, I can't. These days especially, politics plays too great a role in how markets behave.But this year's election is...Read More
Can the HUGE price move from thoseyears really be repeated?AnalogousSituations: 2008, 2022, and NowAs gold continues to move back andforth in the same trading range, I decided to dedicate today’s analysis tosomething different. After all, I already described my current goldprice forecast for May 2024 and the situation in the forex marketremains just as I had described it earlier. I emphasize...Read More
Michael Ballanger of GGM Advisory Inc. shares how India's copper demand may impact the metal's price. Ballanger also reviews the gold and silver market, and shares one company he thinks might have a VMS project.As I was doing some research this week on the history of copper demand, what started as a focus on China wound up with some interesting revelations surrounding the economic history of neigh...Read More
Michael Ballanger of GGM Advisory Inc. shares how India's copper demand may impact the metal's price. Ballanger also reviews the gold and silver market, and shares one company he thinks might have a VMS project. As I was doing some research this week on the history of copper demand, what started as a focus on China wound up with some interesting revelations surrounding the economic history of neig...Read More
Michael Ballanger of GGM Advisory Inc. explains why Vortex Metals Inc.'s Riqueza Marina Copper and Gold Host Project might be a new VMS project.Back in the 1960s, there was a geologist called Ken Dark who toiled as an explorationist for a big U.S. multinational called Texas Gulf Sulfur Company. His team had been conducting basic geology, including geochemical and geophysical testing of an area cal...Read More
Technical Analyst Clive Maund shares why he believes Giant Mining Corp. is an Immediate Speculative Buy.If you are the kind of investor who likes to obtain maximum leverage on capital employed in an environment where risk is at tolerable levels, Giant Mining Corp. (BFG:CSE; BFGFF:OTC; YW5:FWB) is the stock for you.In its former incarnation as Majuba Hill Copper, the only things giant about the com...Read More
Did it warm your heart to see all those blue-and-yellow Ukrainian flags waved by our elected officials in Congress Saturday night with the passage of the $60-plus-billion aid bill to the Palookaville of Europe?You realize, don't you, that the tiny fraction of that hypothetical "money" from our country's empty treasury that ever reaches Ukraine will rebound on the instant into Mr. Zelenskyy's C...Read More
Last Friday's GDP number came in weaker-than-expected at 1.6% annualized, the weakest quarterly gain in almost two years.I've written for months that there would be no interest rate cut by the Fed at their June meeting. Wall Street was putting the odds of a rate cut at around 70% and the stock market was rallying in anticipating the cut.They were wrong, I was right. That's not to brag, it's just t...Read More
Michael Ballanger of GGM Advisory Inc. shares how India's copper demand may impact the metal's price. Ballanger also reviews the gold and silver market, and shares one company he thinks might have a VMS project.As I was doing some research this week on the history of copper demand, what started as a focus on China wound up with some interesting revelations surrounding the economic history of neigh...Read More
They're wearing us down with shocking headlines and opinions. They come daily these days, with increasingly implausible claims that leave your jaw on the floor.The rest of the text is perfunctory. The headline is the takeaway.A few weeks ago, The New York Times told us that "As It Turns out, the Deep State Is Pretty Awesome."These are the same people who claim that Trump is trying to get rid of de...Read More
We have asked the question before. Today we ask it again: What if socialism "worked"? What if communism worked?That is, what if collectivist economics outdid and outperformed free market capitalism... and Marx triumphed over Smith?Should the United States take collectivism aboard on pragmatic grounds of efficiency? Or should it beg off on abstract grounds of principle?The United States erected its...Read More
Technical Analyst Clive Maund takes a look at Aztec Minerals Corp. to explain why he believes it is a Strong Buy.Aztec Minerals Corp. (AZT:TSX.V; AZZTF:OTCQB) is primarily an established gold-silver exploration company that is positioned to make a potentially big discovery or discoveries in mining-friendly areas in Arizona and NW Mexico with a view to greatly increasing its value which will likely...Read More
As news breaks of an agreement between Treasury Metals and Blackwolf Copper and Gold to advance the Goliath gold project in Ontario, Technical Analyst Clive Maund looks at the details.Blackwolf Copper & Gold Ltd. (TSXV.BWCG;OTC:BWCGF) is regarded as an unusually attractive mining stock here for several reasons. A big one is that its current very low valuation means that it has big upside potential...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on Fitzroy Minerals Inc. after having a discussion with its chairman. I had an excellent discussion yesterday with Fitzroy Minerals Inc. (FTZ:TSX.V; FTZFF:OTCQB) Chairman Campbell Smyth and CEO/Director Merlin Marr-Johnson who contacted me from Merlin's home office in NW London (U.K.).Without going into detail, subscribers should be prepar...Read More
News Update As news breaks of an agreement between Treasury Metals and Blackwolf Copper and Gold to advance the Goliath gold project in Ontario, Technical Analyst Clive Maund looks at the details.Blackwolf Copper & Gold Ltd. (TSXV.BWCG;OTC:BWCGF) is regarded as an unusually attractive mining stock here for several reasons. A big one is that its current very low valuation means that it has big ups...Read More