The dust around the US presidential elections wasn't settled yet and there was the news on a first vaccine by Pfizer, hitting the market on Nov 9.
Monday, 30 November 2020
Tuesday, 27 October 2020
Saturday, 10 October 2020
Tuesday, 1 September 2020
A year ago the new linear regression between major gold miners (represented by the HUI gold miners index) and the gold price has been revealed. With the yellow metal now way above the interval used to derive the regression relationship, it has been verified that the linear regression still holds.
Wednesday, 8 July 2020
Sunday, 14 June 2020
Friday, 22 May 2020
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
Saturday, 14 March 2020
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.