Gary Tanashian, NFTRHGold stocks have led the market for a year, and with economic deceleration and Fed policy response that leadership looks to continue [edit: today's 'in the bag' bounce-back Jobs report does little to alter the economic deceleration theme]We have been on a bullish gold mining view for over a year now. Over that time there have been three interruptions, the downward-biased c...Read More
Marin KatusaFor the first time since November 9th 2011, front month gold futures traded hands above $1,800 per ounce. It's now knocking on the door of a major technical resistance level.Naturally, this has every goldbug and self-proclaimed expert on YouTube shouting from the rooftops.Before we jump into what is going on in the current gold markets, lets first take a look at past gold bull marke...Read More
Gold, silver, and their miners' stocks suffer their weakest seasonals of the year in early summers. With traders' attention normally diverted to vacations and summer fun, interest in and demand for precious metals usually wane. Without outsized investment demand, gold tends to drift sideways dragging silver and miners' stocks with it. Feared as the summer doldrums, sometimes unusual cata...Read More
Hat Trick Letter Use the above link to subscribe to the paid research reports, which include coverage of critically important factors at work during the ongoing panicky attempt to sustain an unsustainable system burdened by numerous imbalances aggravated by global village forces. The historically unprecedented ongoing collapse has been created by compromised central bankers and inept economic ad...Read More
Gary Tanashian, NFTRHGold stocks have led the market for a year, and with economic deceleration and Fed policy response that leadership looks to continue [edit: today's 'in the bag' bounce-back Jobs report does little to alter the economic deceleration theme]We have been on a bullish gold mining view for over a year now. Over that time there have been three interruptions, the downward-biased c...Read More
Marin KatusaFor the first time since November 9th 2011, front month gold futures traded hands above $1,800 per ounce. It's now knocking on the door of a major technical resistance level.Naturally, this has every goldbug and self-proclaimed expert on YouTube shouting from the rooftops.Before we jump into what is going on in the current gold markets, lets first take a look at past gold bull marke...Read More
Gold, silver, and their miners' stocks suffer their weakest seasonals of the year in early summers. With traders' attention normally diverted to vacations and summer fun, interest in and demand for precious metals usually wane. Without outsized investment demand, gold tends to drift sideways dragging silver and miners' stocks with it. Feared as the summer doldrums, sometimes unusual cata...Read More
Income investors who rely on stable and steady dividends in retirement haven’t had much to cheer about recently. Dividends stocks have been highly volatile, and investors are rightfully nervous. However, there is some good news. For the first time since the pandemic began, dividends are stabilizing. This means that we are seeing fewer dividend cuts and more dividend raises. In fact, Jun...Read More
Dhanbad mine complex in the eastern Jharkhand state. (Image by Nitin Kirloskar, Flickr). India's Coal Minister Pralhad Joshi said that just a few days into the auction process of coal blocks to commercial mining operators, 1,140 parties have shown interest in taking part in this new chapter in the country's mining history.In mid-June 2020, Prime Minister Narendra Modi India announced that his adm...Read More
Tenguel river after the tailings dam breach. (Screenshot from video by Diario El Mercurio). The Ecuadorian Ministry of Energy and Nonrenewable Natural Resources informed that a small tailings dam breached in the southern Azuay province, releasing about 50 tonnes of pollutants into the Tenguel river.The accident was caused by the collapse of a retaining wall at the Armijos tailings station, locate...Read More
Diver Christophe Le Maillot documents the rock-crowding activity at La Mina. (Image by Sam Meacham, courtesy of CINDAQ). Archaeologists and cave divers found in Mexico what they believe is the oldest known mine in the American continent.In a paper published in the journal Science Advances, the explorers explain that a flooded cave in the southeastern state of Quintana Roo hosts irrefutable eviden...Read More
Gold just closed the month and quarter and itsperformance on the final day of both was very encouraging for the bulls. What’sgoing on and what changed?Let’s start with the big picture. Gold just moved to the November 2011 high and intoday’s pre-market trading it even moved above it. The volume on which goldmoved up last month was relatively small, which doesn’t support the...Read More
Some gold bulls have bought in heavily to the argument that gold price suppression has been an ongoing activity for years, even decades. Supposedly, trading in the gold market is manipulated in ways that depress the market price for gold.Assertions are made that the manipulation takes place in a shroud of secrecy; and the unexpected lower prices for gold, or prices that don’t meet wildly bul...Read More
RAPAPORT... Belgium's diamond trade slowed in June, with polished exports down 44% year on year to $469 million, according to data from the Antwerp World Diamond Centre (AWDC). However, the rate of decline eased following heavier drops in April and May, when the global industry shut due to the coronavirus. US orders rose 4% to $173 million in June, indicating a gradual recovery as the importa...Read More