Annus horribilis leaves gold investors wealthier

My best wishes for 2021, a year when the situation only can improve.

As 2020 started there was no indication yet that the corona virus having surged in a Chinese city would turn into a world pandemic. After all there had been several similar outbreaks that never spread over a wide area. Since "this time it's different" is the most often heard false prayer, early warnings were met with disbelief. It would take till late February until it became obvious that northern Italy suffered a new outbreak with the nearby ski resorts turning into a vector for contagion for most of Europe. International tourism was to propagate the virus worldwide from March onward.

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.

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.

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 Pulse. Its focus still is a tactical approach on how gold and silver miners perform relative to the price of gold or silver.

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.

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 !

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. 

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.

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.

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.

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.

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.

The bull consensus on Gold is clear

The ultimate gold panel: The bull consensus is clear

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.

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.

Palladium scramble

Guess there is no better way to call this sudden price spike of palladium, the catalytic converter metal by excellence.