The large gold royalty companies remain among our top holdings, notwithstanding the high valuations and our comments on the overall gold market and short-term concern on the gold stocks. Osisko Gold Royalties Ltd. (OR:TSX, $12.90) is all cashed up, as its two core royalties proceed well. It has about CA$650 million available for investments (of […]
Gold Royalty Companies Continue to Progress Read More »
After several years of low gold prices, 2016 has brought a rebound, with the metal rising almost 20% since the first of the year, although recent price corrections have slowed gold’s advance. After the Brussels terrorist attacks last Tuesday, gold rose briefly, but then was undercut by a strong U.S. dollar rally. Investors are wondering
Marc Faber: Gold Still Most Desirable Currency in Wake of Brussels Attack Read More »
Gold is up over 15% this year so far, while the gold stocks (per XAU index) have risen over 50%. But investors are skeptical about this year’s gold rally, and that’s a good thing. For the past several years, we have seen strong rallies in gold and gold stocks early in the year, only to
Gold: Correction Ahead, But Market Very Strong Read More »
Reservoir Minerals Inc. (RMC:TSX.V) has moved up sharply this month—over 50%—after Lundin Mining Corp. (LUX:TSX) made an offer to buy part of Freeport-McMoRan Copper & Gold Inc.’s (FCX:NYSE) interest in its joint venture with Reservoir. But it remains a strong buy. Lundin agreed to acquire part of Freeport’s interest in the huge Cukaru Peki deposit
Reservoir Minerals Has Many Options to Enhance Value Read More »
Michael Ballanger discusses the effect of events in Brussels on precious metals. As I was stomping around the house looking for my cowering Labrador yesterday afternoon, I think I was mumbling something about “no good rotten ba$tards” in reference to the blatant price control exerted yesterday in Europe and North America in stocks, Forex, and,
Ominous Response to Brussels Torpedoes Precious Metals Rally… Read More »
March 21, 2016 Ellis Martin Reports Editors Comments: This is a fabulous rant by Ellis Martin on the gold and silver markets, an Ellis Martin that we have not heard before. Give it a listen asap and if you would like my assistance, please give my website, http://CommonStockWarrants.com. Dudley Pierce Baker, Founder-Editor
Ellis Martin Report Editorial It’s Time to Buy Gold and Silver Stocks Read More »
With cash in hand and a goal of doubling gold output in the next five years, Japanese heavyweight Sumitomo is looking to acquire gold assets—and Viscount Mining Corp. could be a prime target. In this article for The Gold Report, Resource Maven Gwen Preston explores the Viscount proposition, including the historic potential of its Cherry
Sumitomo’s Quest for More Gold Could Start with Viscount Mining Read More »
Michael Ballanger dissects Friday’s Commitment of Traders Report and whether it indicates bullish or bearish movements. Last night as I sat in the den looking at a picture of my 1970–1971 Saint Catharines Black Hawks OHA championship team with a VERY young captain named Marcel Dionne smiling into the camera, I was suddenly slammed in
Anchored in the Misery of the Last Bear Market… Read More »
In the wake of what Michael Ballanger calls a “non-decision by the U.S. central banksters,” the precious metals expert remains cautious and watchful. In this article, Ballanger offers his take on what the recent Fed decision on interest rates means for investors and the markets, and the circumstances that might force him to toss in
Towels Thrown In, White Flags raised? Not Yet, but Close… Read More »
When precious metals expert Michael Ballanger looks at the current state of the precious metals markets, he is reminded of that scene from Shakespeare’s Julius Caesar when the wounded emperor looks up into his friend Brutus’ eyes and utters the immortal words, “Et tu, Brute?” Caesar says these words as a large scabbard gets plunged
‘Et tu, Brute?’: It Took a Month for the Commercials to Pull the Trigger… Read More »
