America has elected a new President. It was a close race, but Joe Biden eventually won and he will be inaugurated and take office in the White House on January 20. The price of gold rose initially in the aftermath of the elections, only to plunge on the news regarding Pfizer’s vaccine breakthrough, as the chart below shows. This is what we know.But what’s next for the price of gold? Wh...Read More
The price of gold returned to above $1,800. Is the correction over?As the chart below shows, the price of gold rebounded, jumping from $1,763 to $1,811 on Tuesday (December 1) and increased further on Wednesday. As a reminder, the price of gold corrected more than 6 percent in November and almost 15 percent from its peak in August. Now, the key question is whether the worst is behind the gold bull...Read More
Dec 08, 2020 Guest(s): Jim Rogers There's simply too much money injected into the monetary system by central banks to allow a sizeable bear market to take place soon, said Jim Rogers, investor and chairman of Rogers Holdings."Many stocks in the U.S. are down in 2020. There are a few stocks that are going through the roof every day. Some parts of the U.S. market are developing a beginning of a b...Read More
Golden Arrow Resources is ready to commence exploring for gold at its Flecha de Oro project's Puzzle property. Golden Arrow Flecha de OroGolden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A:FSE) is about to begin a trenching and sampling program at the Puzzle property of its Flecha de Oro gold project in Argentina, it announced in a news release. The objective is to delineate targets for pos...Read More
Dolly Varden Silver Corp. reported it has acquired the strategic surface rights on Tidewater at Alice Arm, B.C. In a news release, Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCMKTS) announced "the acquisition of surface rights and fee simple lands within the community of Alice Arm located on the Pacific Ocean in Northwest B.C., in support of exploration infrastructure."The firm stated the Alice...Read More
Pretium Resources agrees to sell Snowfield to Seabridge Gold. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) and Pretium Resources Inc. (PVG:TSX; PVG:NYSE) announced the respective acquisition and sale of Pretium's Snowfield property adjacent to Seabridge's KSM project in British Columbia, Canada. Snowfield is located in the same valley as KSM's Mitchell deposit. The transaction is expected to close...Read More
Dec 09, 2020 Guest(s): Lyn Alden Founder, Lyn Alden Investment Strategy 2021 will remain challenging for economic growth, with a recovery in the jobs market more likely to materialize only in the second half of the new year, according to Lyn Alden, founder of Lyn Alden Investment Strategy."I've been bullish on some of the banks lately, so that includes Scotiabank, that includes Sberbank of Russi...Read More
Dec 08, 2020 Guest(s): Lobo Tiggre The Independent Speculator Even though a bear case for gold is unlikely to happen, investors should not be sailing with their eyes closed and ignore the possibility of a pivot in fiscal and monetary policies, which would drag gold prices down, said Lobo Tiggre of the Independent Speculator. "It's not something that keeps me up at night. It is something worth th...Read More
America has elected a new President. It was a close race, but Joe Biden eventually won and he will be inaugurated and take office in the White House on January 20. The price of gold rose initially in the aftermath of the elections, only to plunge on the news regarding Pfizer’s vaccine breakthrough, as the chart below shows. This is what we know.But what’s next for the price of gold? Wh...Read More
The price of gold returned to above $1,800. Is the correction over?As the chart below shows, the price of gold rebounded, jumping from $1,763 to $1,811 on Tuesday (December 1) and increased further on Wednesday. As a reminder, the price of gold corrected more than 6 percent in November and almost 15 percent from its peak in August. Now, the key question is whether the worst is behind the gold bull...Read More
LONDON, 7 December 2020 - Comment from BullionVault features in the latest gold-price report from MarketWatch, the news and views site from the Dow Jones group of companies.With Covid-19's winter wave worsening around the globe as the incoming Biden administration looks to unleash record new deficit-spending stimulus, "Investors using precious metals to diversify their portfolio have good cause to...Read More
UrbanGold Minerals reported it is commencing drilling at its Pallador-Regnault project located in the Troilus-Frotet gold belt in central Quebec. In a news release, UrbanGold Minerals Inc. (UGM:TSX.V) announced that it kicked off its drill program operations today on the Regnault block of its Pallador property. The firm noted that the area is located immediately south and on strike of the current...Read More
Adam HamiltonArchivesDec 04, 2020 The gold miners' stocks have suffered a correction since early August, gutting traders' enthusiasm for this contrarian sector. This necessary and healthy selloff is maturing, after largely accomplishing its essential mission of rebalancing sentiment and technicals. The universal greed and extreme overboughtness plaguing gold stocks as their last upleg peaked has b...Read More
Liberty Gold Corp. announced infill drill results from two zones at its Black Pine Project that included 1.41 g/t Au over 22.9 meters and 1.51 g/t Au over 56.4 meters. Three Liberty Gold Black Pine DiscoveriesIn a news release, Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced additional results from reverse circulation (RC) drilling at its Carlin-style Black Pine oxide gold property located in...Read More
Metals Ratios Continue to Indicate InflationAnd that is welcome for monetary and fiscal policymakers of course, since inflation is the only trick they have up their sleeve to bail this mess out once again. And this is no comment on COVID-19. The economy was slowly decelerating last year well before this guy showed up (I like the picture, okay?)…The yield curve bottomed and turned up in Augu...Read More
Metals Ratios Continue to Indicate InflationAnd that is welcome for monetary and fiscal policymakers of course, since inflation is the only trick they have up their sleeve to bail this mess out once again. And this is no comment on COVID-19. The economy was slowly decelerating last year well before this guy showed up (I like the picture, okay?)…The yield curve bottomed and turned up in Augu...Read More
Max chats with Michael Pento of PentoPort.com about gold and bitcoin in an age when the most legendary hedge fund investors of all are following the market and the market says bitcoin is money.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for...Read More
I'm not saying that green energy is bogus or that it doesn't have a future. It does. But right now it's more of a niche than a mass market phenomena with high-growth potential.Continue...Read More
My researcher team and I have highlighted a number of recent articles about Gold and Silver and how we believed the longer-term price activity and technical analysis supported a broad market advance in Precious Metals over the next 5+ years. If not, check out Part I and Part II of our recent Gold and Silver research and price predictions. Today, we are seeing further evidence that metals are...Read More
Gold and silver exchange-traded funds (ETFs), a measure of large investor interest, areexperiencing outflows as opposed to an almost interrupted inflow over the lastfew months.Mining stocks which either look for orproduce these metals have been moving sideways, testing the "mettle"of even perma-bulls.Many investors see these as negative signs. But I view it as a Mr. Market's last big eff...Read More