Gold truly enjoyed aremarkable 2024, relentlessly powering higher to many new records. Gold achieved a rare monster-status upleg,which proved extraordinarily-unusual. Big gains stacked up despite extreme overboughtness, speculators’exceedingly-overextended gold-futures positioning, and American stock investorsnot yet chasing gold’s upside. Severalsources of major globa...Read More
Calm before the storm, anyone?Turning Points AheadSo far, this week has been calm.However, as you read in my previous analysis, the turning points are near andwe still have four more sessions before the end of the year. Bitcoin justfailed to move above $100k again, and it is declining in the pre-markettrading, and S&P 500 futures are down as well. Time will tell if that wasthe beginning of a b...Read More
Calm before the storm, anyone?Turning Points AheadSo far, this week has been calm.However, as you read in my previous analysis, the turning points are near andwe still have four more sessions before the end of the year. Bitcoin justfailed to move above $100k again, and it is declining in the pre-markettrading, and S&P 500 futures are down as well. Time will tell if that wasthe beginning of a b...Read More
Uranium production is best understood as an industry played out on a geopolitical chessboard.Enriched uranium is used to fuel nuclear reactors. The degree of enrichment is not high. Natural uranium (sometimes called yellowcake) has about 0.7% U-235 isotope. This is enriched to 3% to 5% for use in most reactors (called low-enriched uranium or LEU). Some specialized reactors require uranium enriched...Read More
As tax loss selling season is in full swing, Streetwise Reports interviewed various newsletter writers and experts to see what buying opportunities they see. The window for tax loss selling, or as Bob Moriarty of 321gold.com put it, "tax loss silly season is that 6-week or so period starting in November and running into just before Christmas when investors clean out the stocks they own that have...Read More
NexGold Mining Corp. (NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA) recently announced the merger completion with Signal Gold, which brought in the 3.1-million-ounce Goldboro gold deposit, according to a Red Cloud Securities research note.In a December 19, 2024 research note, Red Cloud Securities analyst Ron Stewart maintained a Buy (Speculative) rating on NexGold Mining Corp. (NEXG.V:TSXV; NXGCF:OTCQX; T...Read More
Newsletter writer Stewart Thomson addresses the question of tax loss selling season with some stocks for investors and identifies key prices for investor action.Tax loss selling generally sees investors sell losers, but sometimes stocks with big drawdowns are a roaring buy for new investors while working well as a tax loss sell for others.Here's a look at the "infamous" Novo Resources Corp. (NVO:T...Read More
Beep-beep-beep. Central bankers are once again "backing up the truck" to buy gold.The World Gold Council (WGC) recently released its central bank gold statistics for October 2024.The chart below shows purchases (blue) and sales (purple):Source: World Gold CouncilOctober was the highest net purchase month in 2024, with central banks purchasing a sizable 60 tonnes.It's worth noting that there were a...Read More
AbraSilver Resource Corp. (ABRA: TSX.V; ABBRF:OTCQX) recently finalized a US$1 million non-brokered private placement with Teck Resources Ltd at a significant share price premium.Read on to discover how this strategic partnership advances exploration at the La Coipita project.AbraSilver Resource Corp. (ABRA: TSX.V; ABBRF:OTCQX) recently finalized a US$1 million non-brokered private placement with...Read More
Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) has reported promising results from ongoing metallurgical testing at the La Romanera deposit, part of its wholly-owned Iberian Belt West Project in Spain. Read on to learn how innovative recovery methods are unlocking the potential of this promising polymetallic deposit.Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) has reporte...Read More
The Federal Reservesomehow surprised traders with a hawkish rate cut this week. While that had been expected, apparently theFed’s projected rate-cut trajectory slowed even more than feared. So market reactions were violent, includingthe US dollar blasting higher unleashing heavy gold-futures selling. This is the latest in a long line ofFed-spawned tests of gold’s resi...Read More
The Federal Reservesomehow surprised traders with a hawkish rate cut this week. While that had been expected, apparently theFed’s projected rate-cut trajectory slowed even more than feared. So market reactions were violent, includingthe US dollar blasting higher unleashing heavy gold-futures selling. This is the latest in a long line ofFed-spawned tests of gold’s resi...Read More
The Federal Reservesomehow surprised traders with a hawkish rate cut this week. While that had been expected, apparently theFed’s projected rate-cut trajectory slowed even more than feared. So market reactions were violent, includingthe US dollar blasting higher unleashing heavy gold-futures selling. This is the latest in a long line ofFed-spawned tests of gold’s resi...Read More
The Federal Reservesomehow surprised traders with a hawkish rate cut this week. While that had been expected, apparently theFed’s projected rate-cut trajectory slowed even more than feared. So market reactions were violent, includingthe US dollar blasting higher unleashing heavy gold-futures selling. This is the latest in a long line ofFed-spawned tests of gold’s resi...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market and, upon request, his list of tax-loss purchase candidates.The USD Index futures are down 0.10% to 107.640 with the 10-year yield up 0.76% to 4.535% and the 30-year yield up 1.06% to 4.709%.Gold (-0.10%) is lower but silver (+0.55%) and copper (+1.27%) are higher.Oil (-0.74%) is lower by $0.52 to $70.06/...Read More
Dow has 11 down days in a row, and Ron Struthers of Struthers Resource Stock Report believes that gold correction is a buying opportunity. Struthers highlights some of his favorite gold stocks and shares his thoughts on Bitcoin.I would like to wish everyone a Merry XMAS, a great holiday, and a Happy New Year. I doubt I will put much out next week unless there is a very good buy or sell opportunity...Read More
John Newell of John Newell & Associates shared a chart on Sanu Gold Corp. (SANU:CSE; SNGCF:OTCQB; L73:FRA) showing his price targets from August. Click to see how close the company is to the first target and what other targets Newell is looking out for. You will also be directed to an article showing fundamentals of the company that discusses the latest news of a strategic partnership with Montage...Read More
Here in Italy, he's known as Tommaso d'Aquino. But to the English-speaking world, he's St. Thomas Aquinas, Doctor Angelicus, and the foremost Scholastic thinker, theologian, and philosopher of the Middle Ages. His Summa Theologiae is over 5,000 pages long; thank heavens God sent Catholic author Peter Kreeft to the 20th and 21st centuries to summarize the Summa for us modern readers.After the uphea...Read More
Technical Analyst Clive Maund explains why he thinks now is an excellent point to buy iMetal Resources Inc.'s (IMR:TSX.V; ADTFF:OTCBB; A7V:FRA) stock.iMetal Resources Inc. (IMR:TSX.V; ADTFF:OTCBB; A7V:FRA) is regarded as a most attractive junior gold exploration stock. Following a bear market that erased 99% of the stock's value, it is coming to the end of a basing process with clear signs that it...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market and, upon request, his list of tax-loss purchase candidates.The USD Index futures are down 0.10% to 107.640 with the 10-year yield up 0.76% to 4.535% and the 30-year yield up 1.06% to 4.709%.Gold (-0.10%) is lower but silver (+0.55%) and copper (+1.27%) are higher.Oil (-0.74%) is lower by $0.52 to $70.06/...Read More