Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
New Jersey Mining Company explores and develops gold, silver, and base metals properties in the Coeur d'Alene mining district of northern Idaho. Junior mining stock specialist Mike Kachanovsky says this is a bargain stock with a case for growth and a management strategy to unlock its value.Value investing never goes out of style. I am always willing to consider a company when I can pay less than a...Read More
And six gold stocks to buy if you must. The price of gold appears to have stabilized. Lower producer costs raise profits. While you might hold a little gold to diversify, remember its disadvantages.Gold has recently been trading around US$1,265 an ounce. The price is expected to average US$1,250 an ounce in 2017 and 2018. Some factors are working to restrain gold prices while other factors are sup...Read More
Stock markets keep rising as the precious metals miners' rally pauses. Technical analyst Brian Hoffman warns that investors should watch support levels in an environment like this. He names three gold mining stocks that are due for a short-term pullback and suggests possible new support levels for them.Against a weak economic back-drop and much civil unrest across the globe, the broader stock mark...Read More
Regular MoneyLetter columnist Ken Norquay is struggling to remain objective during the word war being waged by the U.S. media and their new president. As an investment advisor, his value lies in his impartiality. But, he says, in his 40-year+ investment career, it has never been more difficult to stay out of the emotional arguments. That's too bad, he says, because the intense emotion being expres...Read More
Investor's Digest columnist Richard Buzbuzian takes a look at a Canadian junior cobalt mining stock with existing supply ready to meet growing world-wide demand. And, compared to its market peer, is a bargain stock that investors will have nothing to feel 'blue' about.Every so often, an attractive supply-demand opportunity presents itself in the global resource marketplace and investors take note....Read More
Gold and gold mining stocks will benefit from the turbulence of the Trump presidency. And, analyst David Chapman writes in Investor's Digest of Canada, the amount of new gold being found by gold mining exploration companies has plunged. Growing demand and lagging supply can only mean that the price of gold and gold mining stocks will go up.Most would probably agree that Donald Trump was the top st...Read More
Are long-unloved commodities going to find a new lease on life in 2017? Recently interviewed by Investor's Digest of Canada, analyst Chris Marchese certainly feels that way about uranium. He also is bullish on other base metals-particularly zinc-based on U.S. President Donald Trump's stimulus plans.After years in the doldrums, uranium and uranium mines seem ready to explode (not literally, of cour...Read More
Investor's Digest technical analyst Brian Hoffman says trading in gold and silver mining stocks is likely to be quite volatile until it is clear where the precious metal prices head from the mid-December levels. Gold and silver bullion prices will likely bounce around before support levels firm and a rally can unfold.First, there was Brexit, with the United Kingdom voting to leave the European Uni...Read More
Despite protests from just about everyone except the mouth-foaming environmentalists, California is likely to get the EPA's approval to ban diesel trucks. It's yet another example of rushing headlong into unproven tech with no real plan in place. The law is divided into three parts:Automakers must exclusively sell electric trucks by 2045.Any diesel trucks from the 2024 model year on must be fitt...Read More
Mining stock Pan American Silver produces and sells silver, gold and base metals including copper, lead and zinc. It also engages in other mining-related activities, including exploration, extraction, processing, refining and reclamation. Headquartered in Vancouver, B.C., the company has mines and other projects in the United States, Mexico, Peru, Bolivia and Argentina. A 16-per-cent, one-day shar...Read More
Pershing Gold is about to restart operations at its Relief Canyon project in the mining-friendly state of Nevada. Investor's Digest mining columnist Mike Kachanovsky notes that the mineral resources at Relief Canyon are close to the surface and another surge in gold and silver prices could generate gains of several hundred per cent.The precious metals sector has been unkind to investors for the la...Read More
Near-term production and district-scale potential has attracted some of Canada's biggest and best-known gold investors to this junior gold mining stock. Investor's Digest of Canada columnist Richard Buzbuzian says Golden Predator Mining's 3 Aces project in an orogenic gold district in southeastern Yukon could be a very large discovery of very high-grade gold within the world's most desirable count...Read More
Behavioural finance analyst Ken Norquay observes that investors love to read the financial news and study its impact on stock prices. But what should be more relevant for investors and their strategic investment objectives-long-term financial trends-doesn't always make the daily news cycle.In the financial world, people get addicted to the news. Most believe that the ups and downs of daily market...Read More
Investor's Digest of Canada columnist Jeana Deal may not own a horse named Silver nor a six-shooter loaded with silver bullets. But she does think it's time to saddle up for a silver bull market. She names four of the world's top silver stocks that will prepare your portfolio's defences against the next financial crisis.Since 2009, investor sentiment has been cautiously optimistic. The conservativ...Read More
Investor's Digest of Canada technical analyst Brian Hoffman says rising wedge patterns have formed in the precious metals sector, the oil patch, financial companies and with broader market indexes. A larger correction in the iShares S&P/TSX Global Gold Index would signal the prices of gold stocks have become spring loaded. He picks three to watch.One of the most bearish patterns in technical ana...Read More
Portfolio manager Keith Richards, a regular Investor's Digest columnist, reminds us that mining is not just a precious metals game. He finds some industrial metals that offer intriguing possibilities as seasonal weakness provides an opportunity to redeploy capital in metals sectors with lower prices. I'm going to start this column off with a bit of a bearish note, but doing so will hopefully provi...Read More
Major metrics indicate that gold stock Iamgold Corporation is a quality business with longer-term appeal. Iamgold is a Toronto-based international gold producer with operating mines on three continents. The company is engaged in the exploration, development, and production of mineral resource properties throughout the world.Investors always need to watch for breakout trends in specific sectors of...Read More
Gold mining stock Centerra Gold has agreed to acquire Thompson Creek Metals. This may not be a text book example supporting the Theory of Complementary Needs, but each has at least some of what the other needs. Thompson needs to make money and repay debt. Centerra needs more political certainty and longer-lasting gold mining operations. We regularly review Colorado-based Thompson Creek Metals (TSX...Read More
With apologies to the "No Sex, Please-We're British" playwrights, The MoneyLetter's behavioural finance analyst Ken Norquay takes a look at why people make seemingly irrational decisions about investment strategy. His ultimate advice? Look out for number one.A big round of applause for the United Kingdom! They added zest to an otherwise boring stock market. Their referendum decision to leave the...Read More
Voters in the United Kingdom have voted to leave the European Union. The U.S. Fed has signaled that U.S. interest rates will remain lower for longer, perhaps not rising until after the end of the year. And market observers everywhere speculate on the consequences to the U.S. economy in the first year of a Donald Trump presidency. It creates the perfect moment for everyone's favourite fallback in t...Read More