Monday, 30 November 2020

Is a turn-around ahead?

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.

Tuesday, 27 October 2020

Low volatility is past perfect

Three main subjects in this article: some explanations on historic stock market volatility and how it is derived, an overview of rallies and swoons both in the 21st and the 20th century and finally a discussion on the trend of volatility since the start of the 21st century.

Saturday, 10 October 2020

Gold miner pulse - October 2020 update

Happy Thanksgiving to all Canadians

Graphs last updated on Oct 9, 2020
The main content of this article also is found on the regular weekly updated blog page: Gold miner PulseIts focus still is a tactical approach on how gold and silver miners perform relative to the price of gold or silver.

Tuesday, 1 September 2020

Miners (HUI) to gold linear regression still intact

 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

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 editing 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.