The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside. How much longer can this last? That’s been the biggest question since the massive April 9…
Ross Beaty of Equinox Gold (TSX:EQX,NYSEAMERICAN:EQX) and Pan American Silver (TSX:PAAS,NASDAQ:PAAS) shares his thoughts on gold and silver’s record-setting runs. While high prices are exciting, he noted that even US$50 per ounce silver is good for miners. ‘At the end of the day, there’s still great value in the silver…
Did gold and silver just experience a blow-off top, or do they have more room to run? Lobo Tiggre, CEO of IndependentSpeculator.com, shares his thoughts on what’s going on with the precious metals, and how investors may want to position. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest…
Statistics Canada released November’s gross domestic product (GDP) data on Friday (January 30). The numbers show that the economy remained flat overall with the prior month, following a 0.3 percent decline in October. The goods-producing industries fell by 0.3 percent in November, weighed down by a 1.3 percent contraction in…
Jeff Clark, founder of Paydirt Prospector, remains bullish on the outlook for gold and silver, emphasizing that cash is key when prices correct. ‘Even though I’m very long, and even though I haven’t taken profits on a lot of things, the number one antidote to a crash or a correction…
Gold and silver are wrapping up a record-setting week once again. Starting with gold, the yellow metal left market participants hanging last week after finishing just shy of US$5,000 per ounce. However, it made up for it in spades this week, breaking through that level and continuing on up to…
Speaking ahead of this week’s gold and silver price correction, Chris Vermeulen, chief market strategist at TheTechnicalTraders.com, said the metals were due for a ‘significant pullback.’ After that, they’ll be positioned for a new leg up. ‘There will be a time definitely to get back into metals, because I think…
Brightstar Resources (BTR:AU) has announced Strategic $180M capital raising funds Goldfields development Download the PDF here. This post appeared first on investingnews.com
Matthew Piepenburg, partner at Von Greyerz, breaks down what’s really driving the gold price, going beyond headlines to the ongoing debasement of the US dollar. He also discusses silver market dynamics. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post…
Apollo Silver Corp. (‘Apollo Silver’ or the ‘Company’) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF) is pleased to announce that it has received acceptance into the U.S. Defense Industrial Base Consortium (‘DIBC’), a U.S. Department of Defense-supported initiative designed to support collaboration across industry, academia, and government in advancing solutions relevant to U.S. defense…