Bob Moriarty of 321 Gold discusses how best to play the correction currently underway in the precious metals markets. You would think that the flock of sheep listening to the wolves would eventually wake up and realize that they are going to get shorn again and then eaten. It happens the same way every time […]
The Wolves Get the Golden Fleece as the Sheep Get Shorn One More Time Read More »
Contrary to what a number of gold bugs have observed, other experts believe recent drops in the gold price are not a bull market correction, but rather reflect a market stuck in a commodity bear “super-cycle.” Coupled with a gloomy end-of-year outlook for stock markets, precious metals and miners could be in for a rough
Presidential Election and Bear ‘Super-Cycle’ Stifle Growth in Markets Read More »
Money manager Adrian Day discusses two companies in his portfolio that he says have had meaningful recent developments, both positive and negative, and that he deems good buys. Freeport-McMoRan Inc. (FCX, NY, 10.13) can’t seem to get a break. It has hit road blocks on two recent asset sales as well as in Indonesia. •
Two Resource Companies Advancing Toward Goals Read More »
Technical analyst Jack Chan charts the latest movement in the gold and silver markets, noting the cycle has reversed down. Our proprietary cycle indicator reversed down this week, now approaching levels of previous bottoms. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable
Jack Chan: This Past Week in Gold Read More »
In the last month, Millennial Lithium has moved to acquire projects in two large land packages in Argentina’s “Lithium Triangle,” as demand for the metal is expected to skyrocket. Millennial Lithium Corp. (ML:TSX.V) has been moving quickly to acquire stakes in Argentina. In September it agreed to acquire 100% of the Pastos Grandes Lithium Project
Millennial Lithium Moving Quickly in the ‘Lithium Triangle’ Read More »
NOVAGOLD’s third quarter financial results show a balance sheet that should be sufficient to complete permitting of the Donlin Gold project in Alaska, according to National Bank Financial Analyst Raj Ray. NOVAGOLD (NG:TSX; NG:NYSE.MKT) this week released its financial results for the quarter and nine months ended Aug. 31 and provided updates for its 50%-owned
NOVAGOLD’s Strong Cash Position Provides Protection for Weak Gold Prices Read More »
By assigning CUSIP numbers to physical precious metal assets, including gold and silver bar bullion, Delaware Depository and CUSIP Global Services have made it easier for investors to trade and track the commodities on traditional platforms. In mid-September, CUSIP Global Services (CGS) and Delaware Depository announced the new CUSIPs. “The unique security identifiers, which will
New CUSIPS Remove Barriers for Traders in Physical Precious Metals Read More »
This week’s drop in the gold price has spooked many investors, says money manager Adrian Day, who provides his perspective on the volatility. Let’s cut to the chase: we do not think the drop in gold earlier this week marks the end of this bull market. Why did gold drop? First, I think it’s fair
Gold Bull Still Intact, Use Pullback to Accumulate Read More »
Gold fell below $1,300 today for the first time since the Brexit vote in June, as the dollar index rose to a two-month high. Gold fell below $1,300 today for the first time since the Brexit vote in June, as the dollar index rose to a two-month high. At press time, gold was down $42,
Gold Falls on Rate-Hike Fears Read More »
Precious metals expert Michael Ballanger assesses the gold-silver ratio and its ramifications for the market. I want to go on the record and state categorically that, in my opinion, technical analysis is of limited value when trying to predict the short-term movements of precious metals. However, there are millions of traders and investors out there
Assessing the Short-Term Outlook for the Precious Metals and the Miners Read More »
