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
A Couloir Capital analyst writes that the outlook for the stock for Dryden Gold Corp. (DRY:TSXV; DRYGF:OTCQB) is "positive," giving it a Buy rating. Read to see how high the analyst predicts the stock could go.Couloir Capital Analyst Ron Wortel wrote that the outlook for the stock for Dryden Gold Corp. (DRY:TSXV; DRYGF:OTCQB) is "positive," giving it a Buy rating and a CA$0.45 per share target pri...Read More
Great Eagle Gold Corp. (GEGC:CSE; GEGCF:OTC; GI8:FRA) has secured mineral rights in Ontario for its digital mining strategy. Discover how this acquisition supports the company's long-term growth.Great Eagle Gold Corp. (GEGC:CSE; GEGCF:OTC; GI8:FRA) has entered into a definitive agreement to acquire a 100% interest in a mineral rights package from New Path Resources Inc. The acquisition includes th...Read More
Robert Sinn of Goldfinger Capital shares his thoughts on how soaring gold prices may lead to M&A activity in the sector.Recently, I highlighted a fascinating disconnect in the gold mining industry: while mining companies are generating increasingly robust cash flows, investor sentiment remains remarkably pessimistic toward the sector.To put this in historical perspective: during the gold market's...Read More
Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) has reported new copper-gold drill results from its El Cura deposit in Spain. Read more on how the findings could significantly impact the upcoming resource estimates.Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) has announced new assay results from its ongoing drilling program at the El Cura deposit, part of the company's Ibe...Read More
John Newell of John Newell & Associates shares the case for contrarian investing in the gold sector.Robert Frost famously wrote, "Two roads diverged in a wood, and I took the one less traveled by, and that has made all the difference." Today, investors in gold and gold equities face a similar crossroads. While gold itself has surged, precious metal equities, as represented by the XAU Index, GDX, a...Read More
West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB) is giving an update on activities to restart its 100%-owned Madsen Mine project in the Red Lake Gold District of northwestern Ontario. Read to see why one analyst thinks its gold will "drive a premium valuation."West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB) is giving an update on its activities to restart its 100%-owned Madsen Mine...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market and reviews updates at two companies on his list.USD index futures are down 0.80% to 106.960, with the 10-year yield up 0.07% to 4.528% and the 30-year up 0.28% to 4.739%.Gold (+0.17%), silver (+0.3.85%), and oil (+0.87%) are higher, but copper (-0.18%) is lower.Stock futures are lower, with the DJIA (-0....Read More
Technical Analyst Clive Maund explains why he thinks Silver North Resources Ltd. (SNAG:TSX; TARSF: OTCQB) is a Strong Buy.Even though the price of Silver North Resources Ltd.'s (SNAG:TSX; TARSF: OTCQB) stock is about the same as when we last looked at it late in October and the silver price is slightly lower than it was back then, technically the outlook for both is considerably improved with both...Read More
This gold bull’s latestupleg has proven mighty, surging to many new nominal record highs. Amazingly gold’s massive gains have accrueddespite no demand from one of its primary drivers. That’s differential gold-ETF-share buying byAmerican stock investors. Enthralled bythe AI stock bubble, those guys have been missing-in-action. When they finally return, gold...Read More
Copper is definitely the mostimportant industrial metal out there.Freeport-McMoRanReflects Market TrendsIn the entire commodity sector, onlycrude oil is more widely used. And given the increasing importance ofall-things-electronic, copper is unlikely to be forgotten anytime soon. Thisdoesn’t mean that the only way in which its price can move is up (far from it),but it does indicate that this...Read More
So, the GDXJ plunged about 5%yesterday, and it refused to get back up, even though goldprice did. Continuationof GDXJ Decline LikelyWhat a demonstration of weakness!After the vertical plunge, the GDXJsimply paused. This simply confirms what I wrote previously – that this is NOTthe end of the decline, it’s just an acceleration in it.My yesterday’s comments on the likelyh...Read More
No amount of wishful thinking and baseless proclamations will change that. Owning gold stocks (miners) instead of the actual physical metal (in other words, processed and refined with appropriate hallmarks and in tradable form) is a losing bet. Investors should ignore the siren song of gold mining shares.At their highs last week, gold stocks had increased eighty percent from their lows just two ye...Read More
For details on how your data is used and stored, see our Privacy Notice. Demand for mined commodities exceeded pre-pandemic levels in 2021. Despite macro-economic headwinds over the next few years, growth seems assured and could be supercharged by a faster decarbonisation pathway. Supply constraints and disruptions continue and are likely to be exacerbated by economic sanctions on Russia...Read More
For details on how your data is used and stored, see our Privacy Notice. Read More
As the richest nation and the world’s largest economy, it is hardly a surprise that the United States holds the most gold.What is surprising is where the gold isn’t: the United States Federal Reserve, known colloquially as the central bank.Mainstream media dutifully reports that the American central bank is number one out of the top 10 gold depositories in the world. Its 8,133 metric t...Read More
Growing US crude production – particularly in the midcontinent and Rockies regions – is upending traditional Gulf Coast pipeline routes.The result? An unprecedented great American oil pipeline build-out. The shale revolution has led to burgeoning pipeline takeaway access from the Permian basin. Last month, we discussed three reasons why the Permian’s future pipeline capacity won&...Read More
What does tight oil have in common with Facebook, Apple, Amazon, Netflix and Alphabet's Google stocks (known as FAANG stocks)? Answer: tight oil is arguably the upstream equivalent of these tech sector leaders. It's the hot investment play in the oil and gas index, it outperforms like mad, and it's been driving to distraction those that don't own any. Production has leapt from zero six years...Read More
Industrial demand for silver has been surging in recent years. Solar panel manufacturers were largely behind the 11% jump in demand for 2023 versus the prior year. Forecasters predict another 9% jump this year.For silver investors, however, the future of demand from manufacturers may be even brighter than the recent past.The solar industry has been behind much of the growing appetite for silver. D...Read More
Commenting after Chesapeake announced plans to buy Vine Energy in a cash-and-stock deal which values the Blackstone Group-controlled E&P at around US$2.2 billion, analysts from natural resources consultancy Wood Mackenzie said: “We were confident 2021 would be a big year for Haynesville consolidation.“This deal really picks up the pace after Southwestern Energy/Indigo just tw...Read More
Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 upstream, at Wood Mackenzie, said: “The combination is remarkable. Just in scale, ConocoPhillips is adding enough Permian production to nip at the heels of ExxonMobil’s massive programme.“We like the distinctives each firm brings too...Read More