Jack ChanPosted Aug 10, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.(Click on image to enlarge)Higher prices, lower speculation. A divergence.Our ratio is now on SELL signal.$HUI broke resist...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comAug 11, 2020 Gold is at a point where most of the horrific Corona crisis news is priced in, the US economy continues to strengthen, and not enough government handout money has been spent by Main Street to create inflation. As I’ve been saying for several days, gold is likely to ente...Read More
Irving Resources, the beneficiary of strategic investments from Newmont and Sumitomo, has been acquiring and exploring projects in Japan. While Japan doesn't automatically pop to the top of the list of gold mining hotbeds, it has a long and storied history with mining, dating as far back as the 700s, and since 1601 more than 20 million ounces of gold have been produced in the country.Irving Reso...Read More
Quinton Hennigh, CEO of NOVO Resources, sits down with Maurice Jackson of Proven and Probable to discuss how the company's latest acquisition puts it on the fast track to production. Maurice Jackson: Joining us for a conversation is the chairman and president of Novo Resources Corp. (NVO:TSX.V; NSRPF:OTCQX), Dr. Quinton Hennigh. What a delight to have you back on the program today as Novo Resourc...Read More
StrikePoint Gold's focus with this work is on high-grade targets. In a news release, StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCMKTS) announced it commenced a minimum 2,000 meter diamond drill program at its Willoughby gold property in British Columbia's Golden Triangle. The work, to be carried out by Morecore Drilling, will test high grade targets as well as broad intervals of gold mineralizatio...Read More
Aben Resources is proceeding with pad building at its Forrest Kerr Project in northwestern British Columbia and expects its drill program to be fully operational within a week. Aben's Forrest Kerr Gold ProjectIn a news release, Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) announced that "its 2020 field season is proceeding well and will be moving into the next phase which will include Pad buildin...Read More
Sector expert Michael Ballanger runs the numbers on current and future values of gold and silver given current economic conditions. Stuart Monk/Shutterstock.com"I'd rather be a gold bug then a paper worm." AnonymousIn late 2019, as I was laying out the framework for the 2020 GGMA Forecast Issue, there was only one four-letter word that kept cropping up and that word was D-E-B-T (actually there w...Read More
The term ‘unprecedented’ has been used to explain 2020 throughout the world. Whether it be the simultaneous triple bubble that is currently being experienced within equity, bond, and real estate markets, or the volume of quantitative easing deployed by central banks in order to combat Covid-19, 2020 has been an unprecedented year thus far to say the least. Safety and stability of capit...Read More
Tonight I would like to go over some PM charts looking for a possible place for our current impulse move to find some strong resistance that could lead to the next consolidation phase. It’s not going to be easy as there are several possibilities that could work. Lets put the Chartology to work and see what we come up with.There was something fairly rare last week that happened to gold which...Read More
Canadians, at least thosefortunate enough to enjoy a long weekend, returned to their desks Tuesdayto watch gold prices crack another milestone - $2,000 per ounce - as thespectacular summer rally for the precious metal continues. At time of writing, spotgold’s last bid was $2,019.20, marking a $42 gain since Monday’s tradingsession. Silver prices also experienced a major leg u...Read More
Aug 13, 2020 Guest(s): Rob Haworth Senior Investment Strategist, U.S. Bank Wealth Management While macroeconomic risks linger, the environment is constructive for both gold and risk assets, said Rob Haworth, senior investment strategist, U.S. Bank Wealth Management. "What we're seeing in recent times is real yields are finally starting to rise...which is pressuring gold as well, so it's been tim...Read More
The term ‘unprecedented’ has been used to explain 2020 throughout the world. Whether it be the simultaneous triple bubble that is currently being experienced within equity, bond, and real estate markets, or the volume of quantitative easing deployed by central banks in order to combat Covid-19, 2020 has been an unprecedented year thus far to say the least. Safety and stability of capit...Read More
Tonight I would like to go over some PM charts looking for a possible place for our current impulse move to find some strong resistance that could lead to the next consolidation phase. It’s not going to be easy as there are several possibilities that could work. Lets put the Chartology to work and see what we come up with.There was something fairly rare last week that happened to gold which...Read More
Canadians, at least thosefortunate enough to enjoy a long weekend, returned to their desks Tuesdayto watch gold prices crack another milestone - $2,000 per ounce - as thespectacular summer rally for the precious metal continues. At time of writing, spotgold’s last bid was $2,019.20, marking a $42 gain since Monday’s tradingsession. Silver prices also experienced a major leg u...Read More
Bob Moriarty ArchivesAug 10, 2020Nobody goes to watchDr. Pimple Popper to get ideas about investing in resource shares. They go to watch disgusting videos of Dr. Pimple Popper popping pimples. Likewise nobody goes to Inca Kola to get ideas about investing in resource stocks. They go to read about Inca Kola pop the pimples of people in the mining business. It’s just as disgusting but people d...Read More
Vox Royalty sees its intellectual property and years of experience in the royalty industry as major competitive advantages. Vox Royalty Corp. (VOX:TSX.V) has been around since 2014 and went public in May, and it has moved quickly to amass a precious metals weighted portfolio of 42 royalties and streams, 37 of which were acquired over the last 18 months across 16 separate transactions."We set abou...Read More
The recent revisions Laurentian Securities made to its model on Troilus Gold are presented and the effects are described in a report from the financial services firm. In an Aug. 6 research note, analyst Jacques Wortman reported that Laurentian Securities revised its model on Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) in anticipation of the preliminary economic assessment (PEA) on the Troilus proje...Read More
A Haywood Securities report states GoldMining's management "continues to impress with its ability to attract high-profile talent." In an Aug. 5 research note, Haywood analyst Colin Healey reported that GoldMining Inc. (GOLD:TSX; GLDLF:OTCQX) appointed a new chairman and CEO for its royalty subsidiary, Gold Royalty Corp.David Garofalo, a highly visible and successful executive who has overseen the...Read More
The anomaly's features make it a high priority drill target for Generation Mining. Generation Mining Ltd. (GENM:TSX; GENMF:OTCQB) announced in a news release preliminary results from the recent SPARTAN Magnetotellurics (MT) survey of the prospective parts of the 22,000-hectare Marathon project near Marathon, Ontario, "which are believed to have provided a favorable environment for enriched pallad...Read More
If you have been following our research into Gold and Silver over the past years, then you were already prepared for the recent rally that has taken many investors by surprise. This year, 2020, Gold and Silver are set up to have their best year of price appreciation over the past 40+ years. It is no consequence that this is taking place right now. Our cycle research and our predi...Read More