Wednesday, 8 July 2020

Miners now anticipating $1800 gold

The gold price keeps rising early July 2020 towards the symbolic $1800 mark. After a flawed and weaker period since mid May, miners are again responding favorably to the ongoing gold rally, now anticipating $1800 gold, that level being breached while drafting this blog !

Sunday, 14 June 2020

Large cap gold miners started lagging the yellow metal

Whenever interviews of expert mining investors or seasoned CEO's of gold mining enterprises massively emphasize the brilliant outlook for the industry for years to come, you can almost bet on it a correction is about to follow. 

Friday, 22 May 2020

Revival of gold mines - Corona dip overcome

Gold mining investors were shaken as stock markets tanked and subsequently precious metals dipped at the outbreak of the Corona pandemic: miners suffered a double whammy. The recovery last two months has been vigorous, with tailwinds from both a gold price rally and the (FED) liquidity driven selective stock market recovery.

Sunday, 19 April 2020

Remarkable silver miner resilience

Silver investors haven't recovered from the plunge of the white metal after the Corona pandemic caused a global crash of financial markets. In this perspective silver miners have proved remarkably resilient.

Saturday, 14 March 2020

Gold Miner Pulse - Friday March 13

With graphs last updated on Mar 13, 2019
The focus of this blog page is on the gold and silver miners from a tactical point of view: how do PM miners perform relative to the price of gold or silver. 

I like to 'isolate' this version from the thread of weekly updated blog pages. The abrupt reversion of the gold bull trend and the implosion of all 'white precious metals' indeed is a sudden discontinuity deserving its place in history.

Whereas on Friday, stock markets enjoyed a bear market rally after the corona virus frenzy caused a worldwide slide, precious metals continued their downward spiral. Miners were slaughtered. Not only they had been retreating with common stocks while precious metals upheld or even advanced, now miners again leverage down the precious metals decline. From 52 weeks high to fresh 52 weeks low in little over a fortnight.

Monday, 2 March 2020

Global Investment Returns Yearbook 2020

The Crédit Suisse Global Investment Returns Yearbook 2020 was released last week. The summary version is available at the Crédit Suisse Research web site.

Monday, 24 February 2020

Rick Rule not hiding admiration for 'serially successful mine builders'.

In the included video, Rick Rule (Sprott US) doesn't hide his admiration for 'serially successful mining company builders', more precisely: three generations of the Lundin family.

Tuesday, 4 February 2020

Streamers are the backbone of a miner portfolio

Seasoned investors in mining stocks have seen all of what a commodity cycle brings: fortune but above all hardship. Mining is a 'wasting asset' and anyone expecting 'leverage' on precious metal prices must have realized that such is not uncommon on any upswing of metal prices, but rather general on any decline.

Tuesday, 21 January 2020

Vancouver resource investment conference; VRIC-2020

This article reports on the Vancouver Resource Investment Conference (VRIC) and on the preceding Metals Investor Forum. In this first section, professional mining investor David Erfle offers his insights on the current junior gold sector from the VRIC.