Michael Ballanger of GGM Advisory Inc. takes a look at current trends in the junior resources sector to tell you where he believes it is all headed.The finest newsletter writer for junior resource companies to ever pick up a pen, tap away on a typewriter, or wax eloquently on a desktop keyboard was Robert Bishop, who retired from active service about fifteen years ago after publishing "The Gold Mi...Read More
LONDON, 31 October 2023 - Comment from BullionVault features today in a report from leading German newspaper Handelsblatt about how weak investment demand for gold has so far failed to dent the price of the precious metal."In the long term, consumer demand, along with central bank demand, helps form a floor for gold prices," explains Adrian Ash, director of research.So while these segments of the...Read More
We saw what happened in the Hamas attack on Israel across the Gaza Strip. What's coming next in this war? How far will the escalation go?You're well aware of the surprise attack by Islamic Hamas berserkers on Israeli civilians on Oct. 7. Hamas does not have an air force or armor, but they improvised an assault with mundane substitutes.They used paragliders of a kind that can be found at almost any...Read More
While geopolitical conflict has keptgold afloat, mining stocks’ weakness signals trouble ahead. EconomicRecession LoomsWhile risk assets attempt to breakfree of their bearish corrections, gold’s relative outperformance hasthe yellow metal shining bright. Despite that, we’ve booked 11-straightprofitable trades, and our 12th (currently open) remains in the gree...Read More
Of course, you realize that if this tragic business in the Middle East gets out of hand millions of people might die, maybe even you and me. Any way you cut it, looks like Islam wants to rumble.Basic problem: The little slab of land on the Mediterranean at issue is in the possession of one group of people and another group of people wants to drive them out. There is no "two state solution" because...Read More
While geopolitical conflict has keptgold afloat, mining stocks’ weakness signals trouble ahead. EconomicRecession LoomsWhile risk assets attempt to breakfree of their bearish corrections, gold’s relative outperformance hasthe yellow metal shining bright. Despite that, we’ve booked 11-straightprofitable trades, and our 12th (currently open) remains in the gree...Read More
This is impressive given that ore processing was shifted to entirely the new plant at the Mexico project during the quarter, noted a PI Financial report.MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) joint venture mining project with Fresnillo, Juanicipio, produced more metal than expected in Q3/23 as the ramp-up of the processing plant was being finalized, reported PI Financial analyst Chris Tho...Read More
While geopolitical conflict has keptgold afloat, mining stocks’ weakness signals trouble ahead. EconomicRecession LoomsWhile risk assets attempt to breakfree of their bearish corrections, gold’s relative outperformance hasthe yellow metal shining bright. Despite that, we’ve booked 11-straightprofitable trades, and our 12th (currently open) remains in the gree...Read More
This marks a milestone achieved at this silver-gold-lead-zinc project in the world's premier silver mining camp, noted a BMO Capital Markets report.The Q3/23 highlight of MAG Silver Corp. (MAG:TSX; MAG:NYSE American) and Fresnillo's joint venture project in Mexico, Juanicipio, was the new processing plant reaching nameplate production, reported BMO Capital Markets analyst Kevin O'Halloran in an Oc...Read More
While geopolitical conflict has keptgold afloat, mining stocks’ weakness signals trouble ahead. EconomicRecession LoomsWhile risk assets attempt to breakfree of their bearish corrections, gold’s relative outperformance hasthe yellow metal shining bright. Despite that, we’ve booked 11-straightprofitable trades, and our 12th (currently open) remains in the gree...Read More
While geopolitical conflict has keptgold afloat, mining stocks’ weakness signals trouble ahead. EconomicRecession LoomsWhile risk assets attempt to breakfree of their bearish corrections, gold’s relative outperformance hasthe yellow metal shining bright. Despite that, we’ve booked 11-straightprofitable trades, and our 12th (currently open) remains in the gree...Read More
This company's new processing plant at its silver project in Mexico has achieved full capacity. See why one analyst said the company is "our pick for a quality silver name."MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) new processing plant at its 44%-owned Juanicipio mine in Zacatecas, Mexico, achieved full capacity of 4,000 tonnes per day (tpd) in September, the company said as it announced thi...Read More
Barry Dawes of Martin Place Securities takes a look at current trends in the market, including the gold market.KEY POINTSGoldBreaks out of pennantOption expiry volatilityReady to move higher nowGold stocksSentiment still poorOption expiry selloffSupporting on downtrendGold stocks vs GoldReversal pattern developingStocksEarnings still risingMarket sentiment is pessimisticBanks underpressureCOVID dr...Read More
Gold mining stock charts have not yet confirmed a sustainable rally, and Q3 fundamentals may be a headwindWe have used this daily chart of the gold stock ETF, GDX in written and video updates to keep NFTRH subscribers apprised of the progress of the bounce from the early October low (after previously using the chart to manage the long correction that began with the May double top). Let’s upd...Read More
Gold mining stock charts have not yet confirmed a sustainable rally, and Q3 fundamentals may be a headwindWe have used this daily chart of the gold stock ETF, GDX in written and video updates to keep NFTRH subscribers apprised of the progress of the bounce from the early October low (after previously using the chart to manage the long correction that began with the May double top). Let’s upd...Read More
Gold mining stock charts have not yet confirmed a sustainable rally, and Q3 fundamentals may be a headwindWe have used this daily chart of the gold stock ETF, GDX in written and video updates to keep NFTRH subscribers apprised of the progress of the bounce from the early October low (after previously using the chart to manage the long correction that began with the May double top). Let’s upd...Read More
Gold mining stock charts have not yet confirmed a sustainable rally, and Q3 fundamentals may be a headwindWe have used this daily chart of the gold stock ETF, GDX in written and video updates to keep NFTRH subscribers apprised of the progress of the bounce from the early October low (after previously using the chart to manage the long correction that began with the May double top). Let’s upd...Read More
In the course of almost four years, and really dating back a decade and a half, I've managed to read most of the writings of the intellectuals, titans of industry and government officials who constructed the strange reality of 2020 and after.They wanted to conduct a science experiment on the human population. Because infectious disease knows no borders, they knew for sure it would have to be a glo...Read More