Few sectors of the global economy are flourishing in these uncertain times like Australian gold mining. A combination of factors ... Read More The post The top five WA gold stocks likely to be on the radar of the majors appeared first on Stockhead.Read full newsRead More
It’s a tale as old as the stock market itself. During a stock market crash, or really any type of disaster, there is one place where investors look to keep their money safe: gold.Gold and now gold stocks have become a safe haven for investors looking to keep their finances from the ruins during times of market volatility. But this time, it could be a bit different. It’s now not 100% cl...Read More
Teck Resources Inc. (TSX:TECK.B)(NYSE:TECK) got crushed with practically every other stock in the sector over the past months. Slowing economic conditions have hit commodities hard. Teck is sitting at a price of just over $10 a share at the time of this writing, which is fairly low historically. Is now a good time to buy Teck as a contrarian play?The situationEven before the coronaviru...Read More
The inevitable market crash has finally happened. Experts have been telling us about it for the last couple of years. The COVID-19 outbreak has finally brought it front and centre.For a long-term investor with cash to invest, the market crash might be a blessing in disguise. But it is desperate times for those who are looking for short-term gains.All stocks don’t respond in the same manner t...Read More
A storm doesn’t discriminate between big and small; it hits everyone equally. This is particularly true if you take a look at the senior and junior stock exchange right now. Just as the TSX has come down with coronavirus, TSXV has also started showing symptoms.During the market crash, many small businesses are hit worse than the large players. The reason for that is simple. They usually don&...Read More
The growing coronavirus pandemic is harshly impacting economic activity around the globe. It has also triggered the worst market crash since the 2008 Great Depression. Despite stimulus measures, including Trump’s recently announced US$2 trillion package, the short-term economic outlook remains bleak. This is weighing heavily on commodities, particularly oil and base metals. That in turn has...Read More
The TSX rallied this week with some of its biggest positive moves in history. Many stocks rallied in line with it — stocks like Scotiabank and Barrick Gold (TSX:ABX)(NYSE:GOLD). But the difference between these stocks lies elsewhere. Today, we will take a look at why Canadian investors should own the gold miner instead of the banker.For one thing, Barrick is positive by 17% year on...Read More
Every day, it's something new.Americans all over the country are hunkered down in their homes. Those who are still working are watching their accounts drain, unable to do anything about it. Those who've been hit hardest by the market chaos have to deal with the uncertainty of not knowing when they'll be able to get back to work.Everyone, no matter what their situation is, is faced with the anxiety...Read More
Great Bear Resources CEO and geologist Chris Taylor has led his company to tremendous success, with a 151% increase in ...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 317,40535,48950,438154,761456,470522,604542,397 Change from Prior Reporting Period -18,885-1,270-3,626-28,187-54,782-50,698-59,678 Traders 18073785254268172 Small Speculators LongShortOpen Interest 51,32131,528573,925 -8,847133-59,545 non reportable posit...Read More
By: Ira EpsteinRead More
TORONTO - Centerra Gold Inc. is suspending open pit mining at its Oksut project in Turkey in an effort to slow the spread of COVID-19. The suspension of work at the project starting March 31 is for an initial period of two weeks. However, the gold miner says operations at its Kumtor mine in the Kyrgyz Republic and its Mount Milligan operation near Prince George, B.C., continue for the time being....Read More
More than a third of British electricity was generated by renewables in 2019Read full newsRead More
LAURION Mineral Exploration (TSXV:LME) is pleased to announce the appointment of Mr. David Lewis, P. Geo., as Exploration Manager for the Ishkoday ProjectRead full newsRead More
Canada's central bank made yet another unscheduled rate cut Friday to bring its key interest target down to a crisis-level low, and the federal government upped its financial lifeline to businesses in a two-pronged effort to further combat the economic shock from COVID-19.Read full newsRead More
Otso Gold Corp. is pleased to announce that it has closed $3,705,032 in 10% convertible unsecured debentures of the Company.Read full newsRead More
Here is what's new today on INK Ultra Money. Canadian Insider Ultra Club members have access to both premium and free content all the time. Use coupon code SPRING20 for a $100 discount off a new 2020 membership (renewals will be at the regular price unless cancelled before the end of term). Learn more by clicking here.1. The next waves of the financial crisis - Real VisionIn the past few years, n...Read More
The COVID-19 pandemic is wreaking havoc on the economy. Very few industries are able to weather the storm. Even gold stocks aren’t immune, which has investors perplexed. Despite significant volatility, however, the price of gold is flat over the past month. In comparison, the iShares S&P/TSX Global Gold Index ETF (TSX:XGD) has lost approximately 8% of its value. Although much better...Read More
How cheap is silver?Well, if you’re measuring it against gold, silver has never been this cheap. The gold/silver ratio recently exploded past 120. Theoretically, that means you could buy 120 ounces of silver for one ounce of gold. An average gold/silver ratio is about 70, and it has been as low as 15.120 is unheard of. This has never happened in all of human history.If silver prices rise, I...Read More
Image courtesy of Seabridge Gold Seabridge Gold (TSX: SEA)(NYSE: SA) posted a net loss of $11.6 million ($0.19 per share) in 2019 compared to a loss of $19.9 million ($0.34 per share) in the previous year, the company stated in its year-end financial release on Friday.During 2019, Seabridge invested $30 million in mineral interests, primarily at its KSM project, compared to $37 million in 2018. T...Read More