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“Basically, we are seeing an unwind of the trade we have been building up for the last six months,” he said. “But there is still plenty of uncertainty to…
The junior mining sector has been mired in a holding pattern for the past two months. The metal itself is consolidating sharp gains registered since the beginning of the…
When I was a novice investor—a kid barely in his 20’s—the junior exploration arena was a fascinating landscape. It still is. There’s something about buried treasure, and the hunt…
Today, The International Monetary Fund (IMF) released a statement predicting that the global economy will take a $12 trillion hit from the Covid-19 pandemic. $12 trillion is 60% the…
“Nothing can basically stop America,” stated Buffett at Saturday’s virtual shareholder meeting. “The American miracle, the American magic has always prevailed and it will do so again.” Buffett’s opinion (about…
Analysts have tied the retreat by gold in part to positioning, noting that data had shown extremely high net long speculative positions in gold futures. Still, the degree of…
Due to the number of companies I have in mind for this one, I’ll dispense with the usual preamble, except to say, gold is looking constructive on the charts…
My previous alert on Ely Gold Royalties (ELY.V; ELYGF.OTCQB) was two months ago when the stock was trading in the low- to mid-20 cent range (Mercenary Musing, July 22,…
Gold: what we witnessed during the month of February – on the 19th and 20th to be specific – might best be described as a Bull Trap. What we’re…