Sunday, 31 July 2022

The July Miner crash

 International tension culminating in the outbreak of the Ukraine war, caused precious metals to spike by end February and the beginning of March. The hesitant first rate FED hike didn't really alter the outlook for the yellow metal. With the benefit of hindsight this was a peak level, hence an ideal exit moment.

Tuesday, 14 June 2022

Deutsche Goldmesse 2022 in Frankfurt

The Deutsche Goldmesse has been organized on May 27-28, with most video contributions and interviews now being released. Kitco sent over their mining specialist, Michael Mc Crae. A short overview of interviews and contributions.

Monday, 13 June 2022

PDAC starts today

The annual Prospectors & Developers Association of Canada (PDAC) starts its annual convention today in Toronto. An introductory weekend course program has been organized on June 11 and 12.

Monday, 30 May 2022

Vancouver Resource Investment Conference (VRIC) 2022

The Vancouver Resource Investment Conference 2022 has been postponed to May 17-18 in order to enable a life event. January was impossible because of COVID restrictions. The event has been covered by Kitco in a series of videos.

Friday, 29 April 2022

Miners index (HUI) to gold regression impaired.

The linear regression between the HUI miners index and the gold price which was valid since Aug 2018, has come under severe strain since last summer. Permanently negative residuals are a clear statistical indication that the linear relationship is seriously impaired.

Thursday, 31 March 2022

Stock price lists: what extra information you can draw from them?

For following up on the miners I often report on, daily closing prices of all quotes do the job. But a wealth of other information can also be added. 

Saturday, 26 February 2022

Credit Suisse Global Investment Returns Yearbook 2022

By the end of February many investors are eagerly waiting for the release of the Credit Suisse Global Investment Returns Yearbook. The 2022 edition was announced last Thursday.

Sunday, 13 February 2022

Ask the experts — Joe Mazumdar’s and Brent Cook’s Q&A on picking junior stocks

Joe Mazumdar and Brent Cook of Exploration Insights are notorious junior exploration investors, sharing their investment decisions and argumentation in their newsletter.

Tuesday, 18 January 2022

Rational arguments for selecting precious metal investments

Not many investment experts even consider precious metal mining. Those that do often are tacit about their stock selection rationale. The price performance of most (if not all) precious metal mining funds or ETF's lag that of the metals, moreover with a far higher stock volatility. It seems to be the worst choice possible.

Thursday, 30 December 2021

Mining managers see opportunities

2021 has been another lousy year for precious metal mining investors. Year-to-date the HUI index of unhedged gold or silver miners has shed about 16%. The yellow metal closed 2020 at $1898/Oz and is in for a modest decline at around 5% over 2021. Precious metal mining CEO's look at the scene from a different angle.