Top Gainers$(document).ready(function() { $('.ChangePercentActive .spanPercent').trigger('click'); });ExchangeSymbolChartCurPricechg | %Prospect ResourcesASXPSCAUD0.120.0337.93Silver Bear ResourcesTSXSBRCAD0.190.0531.03Patagonia GoldTSX-VPGDCCAD0.110.0215.79Maximus ResourcesASXMXRAUD0.100.019.89PetropavlovskLSEPOGGBP0.280.029.21Top Decliners$(document).ready(function() { $('.ChangePercentActive ....Read More
Compare(Show all)CompanyTickerLast Price (native)Change (native)Change (%)Day LowDay High52 Week Low52 Week HighVolumeMC (M CAD$) Barrick Gold Corp.GOLD20.67-0.200-0.97%19.7920.6212.5421.674,622,95846,962.6 Newmont Mining Corp.NEM37.910.5301.40%37.8038.5329.0638.7455041,267.5 Newcrest Mining Ltd.NCM.AX31.470.5301.68%31.8332.1218.5832.742,846,43922,769.5 ...Read More
Jack ChanPosted Jul 13, 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.COT data on gold is supportive for overall higher prices.Data is also supportive for overall higher silver prices.Our ratio...Read More
Strengths The best performing precious metal for the week was silver, up 4.25 percent. Investors poured money into silver-backed ETFs this week as the precious metals trade begins to increase in scope. Spot gold prices reached the key $1,800 an ounce level. This milestone could help push the metal closer to its all-time high above $1,900. Bloomberg notes that gold futures traded almost as h...Read More
Richard (Rick) Mills, Ahead of the herdThe US economy is nowhere near recovering from the lockdown measures imposed by cities and states during the covid-19 pandemic, and that is weighing on the US dollar, which has fallen sharply since March. The beneficiary, as expected, has been gold (and silver), which normally moves in the opposite direction as the greenback. Year to date, spot gold has rise...Read More
Adam HamiltonArchivesJul 10, 2020The gold miners' stocks are blasting higher, just achieving major new secular highs! Traders are flocking back to gold stocks as the metal they produce relentlessly advances on strong investment demand. That is atypical during market summers, but the pandemic has made for unprecedented times. This gold-stock upleg is big, but doesn't look excessive yet. It should k...Read More
Bob Moriarty ArchivesJul 13, 2020I came across an interesting tome recently titled Common Sense 2.0 by a writer calling himself Thomas Paine. Streetwise Reports had someone doa review of the book. It sounded interesting so I ordered a copy of the book.It is a fascinating read even if I happen to agree with the majority of what the author suggests. He goes on to put down a long list of the serious...Read More
Federal Reserve Chair Jerome Powell and San Francisco Fed President Mary Daly both recently denied that the Federal Reserve's policies create economic inequality. Unfortunately for Powell, Daly, and other Fed promoters, a cursory look at the Fed's operations shows that the central bank is the leading cause of economic inequality.The Federal Reserve manipulates the money supply by buying and selli...Read More
Dear Friend of GATA and Gold:Surreptitious intervention in the gold market by the U.S. government is the target of legislation introduced in the House of Representatives by Rep. Alex X. Mooney, R-West Virginia.In a letter to House colleagues seeking support for his Gold Reserve Transparency Act, H.R. 2559, Mooney writes: "Because there are concerns the U.S. Treasury may have sold, swapped, leased...Read More
Strengths The best performing precious metal for the week was silver, up 4.25 percent. Investors poured money into silver-backed ETFs this week as the precious metals trade begins to increase in scope. Spot gold prices reached the key $1,800 an ounce level. This milestone could help push the metal closer to its all-time high above $1,900. Bloomberg notes that gold futures traded almost as h...Read More
Richard (Rick) Mills, Ahead of the herdThe US economy is nowhere near recovering from the lockdown measures imposed by cities and states during the covid-19 pandemic, and that is weighing on the US dollar, which has fallen sharply since March. The beneficiary, as expected, has been gold (and silver), which normally moves in the opposite direction as the greenback. Year to date, spot gold has rise...Read More
[A friend who made his fortune in the laundry business has enjoyed enviable returns on his nest egg by staying fully invested in stocks. The following is a personal letter from his financial advisor telling him why, even after the stock market's spectacular rally since late March, he should stay in equities. The advisor's list of pros and cons nicely sums up the thinking of many of advisors with...Read More
Data ProblemsPermanent LossesJob OpeningsSticky ProblemsWargaming with Uncle DougYou Need to Have a Plan B, C, D, andA World I Don't RecognizeWork has always been a fact of life. Paycheck-producing jobs are actually a recent development. Until the Industrial Revolution, most people lived on subsistence agriculture, sustaining themselves with whatever they could produce or working as slaves/serfs....Read More
Sector expert Michael Ballanger takes a look at the latest moves in the financial and precious metals markets, and updates his investment strategy moving into late summer. I've only just returned from the majesty of Georgian Bay, where the first fishing derby of the season had me summarily trounced by my female partner 12 to 5, with most of her catches in the 1- to 2-pound category and mine barel...Read More
Scottie Resources will test at least three high-priority targets there during this campaign. Scottie Gold MineScottie Resources Corp. (SCOT:TSX.V) announced in a news release it commenced a fully funded, 5,000 meter diamond drill program at its Scottie project in British Columbia's Golden Triangle.To follow up on last year's drilling, the company will test priority targets such as the Blueberry v...Read More
Seabridge Gold will carry out geotechnical drilling in the proposed area for the tunnel that will connect the mine and mill at its KSM gold-copper project. KSM 2020 PEA Mine PlanIn a news release, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced it started geotechnical drilling in the area tentatively designated for the Mitchell Treaty Tunnels (MTT) that will connect the mine and mill at its...Read More