Cameco Corp. (CCO:TSX; CCJ:NYSE) — the godfather of the uranium trade — has moved to all-time highs, with the spot price hitting US$80.00/lb. From Trading Economics:"Uranium prices in the U.S. surged past US$80 per pound for the first time since January 2008 in November, soaring past pre-Fukushima disaster levels amid high demand and risks to supply. Fossil fuel volatility and decarbon...Read More
Cameco Corp. (CCO:TSX; CCJ:NYSE) — the godfather of the uranium trade — has moved to all-time highs, with the spot price hitting US$80.00/lb. From Trading Economics:"Uranium prices in the U.S. surged past US$80 per pound for the first time since January 2008 in November, soaring past pre-Fukushima disaster levels amid high demand and risks to supply. Fossil fuel volatility and decarbon...Read More
How do the wars in Ukraine and Gaza impact global economic growth and the U.S. economy in particular?Both wars are ongoing and cataclysmic impacts may yet be felt. Here's where events stand at the moment. Let's start with the war in Ukraine...From a strategic perspective, the situation in Ukraine resembles a smaller-scale version of the situation in Europe in late 1944. At that point, the Allies h...Read More
Gold stocks have mostlyground lower to sideways since spring, leaving this contrarian sector reallyout of favor again. Yet both the metaland its miners’ stocks are early on in their strongest seasonal rallies of theyear. From late October to late February,gold tends to enjoy excellent gains which the gold stocks leverage. Given 2023’s great winter-rally setup, gold&rs...Read More
Gold stocks have mostlyground lower to sideways since spring, leaving this contrarian sector reallyout of favor again. Yet both the metaland its miners’ stocks are early on in their strongest seasonal rallies of theyear. From late October to late February,gold tends to enjoy excellent gains which the gold stocks leverage. Given 2023’s great winter-rally setup, gold&rs...Read More
Investors in Dakota Gold Corp (NYSE American: DC) are likely pleased with themselves, as the company recently announced its highest-grade intercept to date, proving the richness of the firm's Richmond Hill Gold Project.For those unfamiliar with Dakota Gold Corp. (DC:NYSE American), it's a gold exploration and development company explicitly focusing on revitalizing the Homestake District in Lead, S...Read More
Hi,Gold has long been seen as the refuge for investors who are concerned about economic downturns and inflation. And it's tempting to attribute the metal's price movements to factors like supply and demand, the dollar and interest rates. But Elliott wave analysis shows the actual driver of gold prices is ... market psychology.Elliott wave analysis is the only method that objectifies market psychol...Read More
Gold stocks have mostlyground lower to sideways since spring, leaving this contrarian sector reallyout of favor again. Yet both the metaland its miners’ stocks are early on in their strongest seasonal rallies of theyear. From late October to late February,gold tends to enjoy excellent gains which the gold stocks leverage. Given 2023’s great winter-rally setup, gold&rs...Read More
Hi,Gold has long been seen as the refuge for investors who are concerned about economic downturns and inflation. And it's tempting to attribute the metal's price movements to factors like supply and demand, the dollar and interest rates. But Elliott wave analysis shows the actual driver of gold prices is ... market psychology.Elliott wave analysis is the only method that objectifies market psychol...Read More
Hi,Gold has long been seen as the refuge for investors who are concerned about economic downturns and inflation. And it's tempting to attribute the metal's price movements to factors like supply and demand, the dollar and interest rates. But Elliott wave analysis shows the actual driver of gold prices is ... market psychology.Elliott wave analysis is the only method that objectifies market psychol...Read More
Hi,Gold has long been seen as the refuge for investors who are concerned about economic downturns and inflation. And it's tempting to attribute the metal's price movements to factors like supply and demand, the dollar and interest rates. But Elliott wave analysis shows the actual driver of gold prices is ... market psychology.Elliott wave analysis is the only method that objectifies market psychol...Read More
Gold stocks have mostlyground lower to sideways since spring, leaving this contrarian sector reallyout of favor again. Yet both the metaland its miners’ stocks are early on in their strongest seasonal rallies of theyear. From late October to late February,gold tends to enjoy excellent gains which the gold stocks leverage. Given 2023’s great winter-rally setup, gold&rs...Read More
Gold stocks have mostlyground lower to sideways since spring, leaving this contrarian sector reallyout of favor again. Yet both the metaland its miners’ stocks are early on in their strongest seasonal rallies of theyear. From late October to late February,gold tends to enjoy excellent gains which the gold stocks leverage. Given 2023’s great winter-rally setup, gold&rs...Read More
Hi,Gold has long been seen as the refuge for investors who are concerned about economic downturns and inflation. And it's tempting to attribute the metal's price movements to factors like supply and demand, the dollar and interest rates. But Elliott wave analysis shows the actual driver of gold prices is ... market psychology.Elliott wave analysis is the only method that objectifies market psychol...Read More
Investors in Dakota Gold Corp (NYSE American: DC) are likely pleased with themselves, as the company recently announced its highest-grade intercept to date, proving the richness of the firm's Richmond Hill Gold Project.For those unfamiliar with Dakota Gold Corp. (DC:NYSE American), it's a gold exploration and development company explicitly focusing on revitalizing the Homestake District in Lead, S...Read More
In normal times we reflect upon the splendid gluttony of the American Thanksgiving we just experienced, the fellowship of family and friends, with gratitude and remembrance of overcoming ordeals past.This year, though, we were a bit preoccupied with ordeals to come, and that nip in the November air conjures rumors of approaching hardship and cruelties we have no idea how we might overcome.These ar...Read More
Recently, Seabridge Gold Inc. announced Tudor Gold's request to cancel its license of occupation and permit was not victorious, reported Red Cloud analysts Taylor Combaluzier and David A. Talbot in a November 21 research note.Recently, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) reported that Tudor Gold Inc.'s (TUD:TSX.V) request to cancel Seabridge's license of occupation and permit was not victor...Read More
It was dark and drizzly outside, and chilly in the way that only Hamburg can be, considering how the strong, damp North Sea wind whips up the Elbe River valley.I saw the Intercity Express (ICE) train at a distance, as it curved around the final bend into the station and pulled up along the platform.Helpfully and with characteristic thoroughness the online Deutsche Bahn scheduling app informed...Read More
Global Analyst Adrian Day reviews more of the recent quarterly results and other developments from more of the gold and resource companies on his list. Some of these (Barrick and Royal) are from the beginning of the month. Day didnt review all the companies last week, focusing on those with more significant news or that were "Buys" at the time. This week, he completes the review of quarterlies as...Read More