Dave Kranzler, Investement Research Dynamic's Mining Stock JournalA few of my subscribers asked me recently about the lethargic action in the miners lately given that the price of gold has started moving higher again. But it helps to step back and look at a longer time-frame. For the last 52 seeks, the HUI has significantly outperformed GLD. I also ran the comps for 6 months, 3 months and 1 mont...Read More
By: Ira EpsteinGold is fighting a battle. Momentum is slightly up, but needs to get above $1,654.30 swing line..Read More
Near zero bond yields globally will ensure that sharp corrections in gold will be used to invest for the short term as long as term. Guarded optimism in silver at the moment. One needs to remain on the sidelines till Monday. Clear picture of the spread of corona virus in USA and India will be known by end of next week. USA and India are two big consumers of goods and services. A big global slowd...Read More
Points that Investors& Executives of Small Mining Companies (Juniors) should consider.1-Small cap gold and base metal stocks differ in several ways from large cap metals and are best approached on a potential value basis. That would be what a company expects to have "in the ground" and/or what the company eventually expects to prove. Successful invest...Read More
The maiden Inferred resource estimate is discussed in this report. Gold Terra Resource Corp. (YGT:TSX.V) [which until February 2020 was known as TerraX Minerals] announced last November an overall maiden Inferred resource of 735,000 gold ounces (oz Au). Incremental Positive: The company announced an overall maiden Inferred resource of 735,000 oz Au at an average grade of 1.79 gpt Au. The global r...Read More
Great Panther Mining has earned an Outperform rating from Noble Capital Markets, while three other firms rate it a Buy. Great Panther Mining Ltd. (GPR:TSX; GPL:NYSE.American) has been a beehive of activity this year. On January 6, the company announced that it entered into a US$11.25 million gold dor? prepayment agreement with Samsung C&T U.K. Ltd.Samsung is advancing the funds for the delivery a...Read More
During turbulent times like these, markets can be melting downone day… and zooming higher the next. Gold may serve as a fantastic safe-havenasset one day… but get hammered by futures traders the next.The news cycle can be just as volatile. One report may show thecoronavirus is receding in China, while another may raise alarms about itsspread in other parts of the world.One poll may s...Read More
Deep-pocketed speculators miss the big turns -- but you don't have to Hedge fund managers are considered to be among the smartest people on Wall Street.Ironically, as a group, they're notorious for consistently being on the wrong side of major turns in the markets they trade. By contrast, a group of insiders called Commercials are generally on the right side of major market turns. With that in min...Read More
Craig Hemke, TF MetalsThough we just wrote about this last week, Tuesday's "emergency" fed funds rate cut demands that we write this update. Why? Because the bond market action in the hours since foreshadows even more cuts later this month, and this will have direct implications for gold, silver, and the U.S. dollar.So let's begin with last week's link. If you missed it, that's OK. Here's your c...Read More
Dave Kranzler, Investement Research Dynamic's Mining Stock JournalA few of my subscribers asked me recently about the lethargic action in the miners lately given that the price of gold has started moving higher again. But it helps to step back and look at a longer time-frame. For the last 52 seeks, the HUI has significantly outperformed GLD. I also ran the comps for 6 months, 3 months and 1 mont...Read More
By: Ira EpsteinGold is fighting a battle. Momentum is slightly up, but needs to get above $1,654.30 swing line..Read More
Near zero bond yields globally will ensure that sharp corrections in gold will be used to invest for the short term as long as term. Guarded optimism in silver at the moment. One needs to remain on the sidelines till Monday. Clear picture of the spread of corona virus in USA and India will be known by end of next week. USA and India are two big consumers of goods and services. A big global slowd...Read More
During turbulent times like these, markets can be melting downone day… and zooming higher the next. Gold may serve as a fantastic safe-havenasset one day… but get hammered by futures traders the next.The news cycle can be just as volatile. One report may show thecoronavirus is receding in China, while another may raise alarms about itsspread in other parts of the world.One poll may s...Read More
Deep-pocketed speculators miss the big turns -- but you don't have to Hedge fund managers are considered to be among the smartest people on Wall Street.Ironically, as a group, they're notorious for consistently being on the wrong side of major turns in the markets they trade. By contrast, a group of insiders called Commercials are generally on the right side of major market turns. With that in min...Read More
In the latest update to the Rick's Picks home page, I've revised an interest rate forecast for the 30-year bond to better sit down for this 0.73%. This is an implied recession/depression away from the current 1.60%, so you may want to jot the new number down. I got a wake-up call on this from my friend Doug Behnfield, whose name will be familiar to anyone who has followed Rick's Picks for...Read More
By: Ira EpsteinFed hasn't done anything like this since 2008. The 50 basis point cut was 100% priced in this month by the market. So the Fed used some of its bullets and now..Read More
Reduction in interest rate differential (after the Federal reserve interest rate cut of 0.50%) has resulted in US dollar index falling and gold/silver prices rising. Copper and crude oil are firm on hopes that negative economic impact will be short lived. All monetary measures will be useless in the very short term by central banks if the corona virus infects more and more people worldwide. Last...Read More
All three indexes bounced back with wins of 3.5% or moreThe Dow roared back to life today for an 1,173-point win that erased yesterday's sell-off. The blue-chip index took its cues from the political arena today, after former Vice President Joe Biden surged ahead of Senator Bernie Sanders in the wake of a resoundingly successful Super Tuesday. Wall Street also got a late-afternoon boost after Cong...Read More
Kroger is expected to reveal its fourth-quarter report before the open tomorrowWith fourth-quarter earnings due out before the open tomorrow, March 4, the shares of grocery store chain Kroger Co (NYSE:KR) are climbing higher, up up 3.4% at $30.33 at last check. This is due in part to Morgan Stanley's price target hike by $1 to $28 -- a slight discount to current levels. Today's pop places KR right...Read More
Upbeat jobs and manufacturing data are powering Wall Street today tooThe Dow Jones Industrial Average (DJI) is in the midst of a substantial rally today, thanks to political tailwinds created by former Vice President Joe Biden. His slew of Super Tuesday primary victories last night puts him ahead ofSenator Bernie Sanders in the delegate count, and healthcare stocks like UnitedHealth (UNH) are boom...Read More