Conventional wisdom holds that stocks and gold are inversely correlated, which is to say they move in opposite (or at least unrelated) directions because they serve different purposes in a typical portfolio. Stocks are for capital gains in good times, gold is for protection in bad times. It doesn’t always work out that way, largely […]
Today’s Chart: This Gold Bull Market Has Years To Run
The recent back-and-forth precious metals action has left a lot of people frustrated with both the metal and the “permabulls” in this space. Fair enough. Gold has almost doubled from its 2015 low, but it’s done so in a really boring way, which is the ultimate crime in the blow-off stage of a financial bubble […]
Today’s Chart: Gold Breakout Coming?
Sometimes it helps to zoom out a bit. For gold (at least when priced in US dollars), the past few years’ action has seemed boring, one might even say directionless. But move the starting date back and flip the graphical relationship between metal and currency, as 321Gold’s Stewart Thompson recently did, and the picture looks […]
After 50 Years Of Fiat Currency, Guess What Looks Good
Let’s start with a look at how the dollar has fared since the Federal Reserve gained control of it: Chain reaction A depreciating currency typically causes a chain reaction in which soaring debt leads to financial instability which in turn forces the central bank to intervene ever-more-aggressively to prevent an implosion. This intervention frequently manifests […]
Wall Street Journal Proves It Doesn’t Understand Gold
Gold bugs should never assume that the mainstream investing community actually understands finance. That includes the Wall Street Journal, which recently published an article (Gold as an Inflation Hedge: What the Past 50 Years Teaches Us) purporting to show that gold does not protect against a depreciating currency. The article begins with a couple of subheads… […]
Jay Taylor: What Gold Volatility, Stanley Fischer, And CBDC Can Tell Us About The Future
Excerpted from Jay Taylor’s MiningStocks.com: The insights below were gathered from an excellent article by Matthew Piepenburg of Matterhorn Asset Management on “the implications behind central bank gold purchases (rising), negative real yields (falling), and Stanley Fisher’s Fed-speak (cringing).” Central Banks Are Buying Gold Like Mad! Why? You really need to watch what central banks […]
Junior Gold Miner Takeover Candidates — Seabridge
There are several ways to build and then sell a junior precious metals miner. One is to find and delineate a deposit that’s instantly ready to contribute to an acquiring company’s bottom line. See Great Bear Resources. Another strategy is to just go out and find ounces. Don’t worry about whether those ounces are economic […]
Big Gold Miners To Buy Up Juniors At “Eye-Popping Multiples”
Last week, US-based miner Corvus Gold got an unsolicited, all-cash buyout offer from industry giant AngloGold Ashanti. The offer was about 20% higher than Corvus’ prior-day price but barely above its year-to-date high. In other words, reasonable but not aggressive. So it remains to be seen whether Corvus shareholders will accept or hold out for […]
Marin Katusa: For Gold Miners, Cash is King
From Katusa Research: Since the start of the year, central banks have purchased over 4 million ounces of gold. April was a big month for central bank activity. Over half the amount of gold purchased in 2021 was in the month of April alone. In April, central banks acquired 2.45 million ounces – worth over […]
Lawrence Lepard: Gold Is Going Higher
Excerpt from Lawrence Lepard’s Equity Management Associates Q1 Report: We believe we are in the early to middle stages of a worldwide sovereign debt bubble collapse. The “bubble” which exists today is in debt and the currencies which are backed and supported by this debt. This is a very big deal and does not happen […]
Reddit Giveth, And Reddit Taketh Away
For just a little while – literally a couple of days – silver stackers saw the light of sudden riches at the end of the tunnel. The Reddit/Robinhood hoards had noticed that the metal was cheap and blatantly manipulated, and therefore ripe for an epic short squeeze. They were piling into SLV and PSLV, forcing […]
Mainstream Investors About To Pile Into Gold
Money managers who don’t recommend gold to their clients are becoming the exception rather than the rule. This week saw a couple more big-name banks join the pro-gold parade: UBS advises investors to put money in gold as hedge against economic uncertainty (RT) – The recent weakness of gold represents a “great entry point for […]
Here We Go Again: Precious Metals Edition
The game the government and the financial markets have been playing for the past few years – in which stocks tank until the Fed capitulates and agrees to cut interest rates and/or ramp up QE, after which markets soar – is usually measured in stock price terms. In other words, the S&P 500 drops by […]
Jay Taylor: “Stick With Your Gold As Long As You Are Able”
From this week’s edition of J Taylor’s Gold, Energy & Tech Stocks newsletter: Gold’s slight correction of 3.99% this week doesn’t say much. But the $170/oz. decline in about 24 hours certainly did get my attention. And I have to wonder if the 22-basis point rise in the 30-year U.S. Treasury may not have played […]
As Gold Soars, Miners Become Hot Growth Stocks
The idea that a rising gold price is good for gold miners is intuitively easy to grasp. But to understand just how good, you have to see the numbers. Consider the second-quarter reports of mid-tier gold miners Pretium Resources and Great Panther Mining. Beginning with Pretium, ounces of gold sold went up slightly compared to […]
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 12
- Next Page »