Last year Scottie Resources (TSX-V: SCOT) / (OTCQB: SCTSF) discovered multiple high-grade, surface gold targets on its newly acquired Summit Lake claims and had exciting drill results on its Bow & … …read more
Today’s beaten-down US dollar is a major short-term risk for gold. For decades this yellow metal has often inversely mirrored the fortunes of the world’s reserve currency. Dollar trends are important trading cues for highly-leveraged gold-futures speculators, who… …read more
Read today’s article on Canoe.com featuring top mining executive and Chairman of the Augusta Group of Companies, Richard Warke. The feature article looks at the past success of Warke, while shining a light on his current activities in the… …read more
After soaring in a powerful upleg, the gold miners’ stocks have been grinding lower for a couple months now. This ongoing correction is increasingly draining enthusiasm for this small contrarian sector, working to rebalance sentiment. Gold-stock… …read more
Silver’s dazzling parabolic surge this summer was overwhelmingly driven by enormous silver-ETF-share buying. Led by momentum-chasing millennial traders, unprecedentedly-huge amounts of stock-market capital deluged into the dominant SLV iShares Silver Trust silver ETF. But since silver’s resulting lofty… …read more
The gold miners’ stocks have just been hammered, plunging to new correction lows. That shattered their indexes’ 50-day moving averages, pounding nails in the coffin of this sector’s recent high consolidation. This necessary correction probably isn’t over yet. … …read more
Gold Overboughtness Risk
Gold has been consolidating high since early August, when it rocketed parabolic on colossal gold-ETF demand. That 6-week-old sideways drift has worked off some greed and overboughtness, but plenty… …read more
Caldas Gold (TSX-V: CGC, OTCQX: ALLXF) has raised ~$240 million (USD), looking to finance expansion at its Marmato gold mine in Colombia.
On July 29, 2020, the company announced a $50-million… …read more
The gold miners’ stocks are mired in correction mode, which isn’t surprising after their mighty post-stock-panic upleg. Huge buying catapulting them higher left this sector extremely overbought. Corrections are normal and healthy after prices get too stretched technically…. …read more
1. While most of the Corona news is “ baked ” into the gold price, when the dust settles, $2000-$2500 is likely to be the new floor.
2. Please click here now . The $1000 floor for gold… …read more
The silver miners’ stocks have had a roller-coaster ride of a year, getting sucked into March’s stock panic before skyrocketing out in a massive upleg. While much-higher prevailing silver prices radically improve silver-stock fundamentals, Q2’s national economic lockdowns… …read more
The mid-tier gold miners in this sector’s sweet spot for upside potential have had a spectacular run since March’s stock panic! That catapulted them to extremely-overbought levels, necessitating a correction to rebalance sentiment. The mid-tiers’ just-reported Q2’20 operational… …read more