Category: Gold
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![Strategic Metals (SMD.V) tees up Mount Hinton for high-grade gold and silver]()
Strategic Metals (SMD.V) tees up Mount Hinton for high-grade gold and silver
A good number of the junior exploration companies we follow here at Guru Central have claimed higher ground in recent sessions: Skeena Resources (SKE.V), HighGold Mining (HIGH.V), Coral Gold (CLH.V), Pure Gold (PGM.V)… to name a few. It would appear that gold stocks are beginning to de-couple from general equities. The following GDX chart shows…
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![The Golden Era: Skeena Resources (SKE.V), Alexco Resources (AXU.V), Cartier Resources (ECR.V), Coral Gold (CLH.V), HighGold Mining (HIGH.V), White Gold (WGO.V)]()
The Golden Era: Skeena Resources (SKE.V), Alexco Resources (AXU.V), Cartier Resources (ECR.V), Coral Gold (CLH.V), HighGold Mining (HIGH.V), White Gold (WGO.V)
In the last 60 days, the DJIA fell 24%, gold is dithering at USD $1,670, GDX.NYSE sold off 11% and the GDXJ.NYSE fell 26%.
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![Pure Gold Mining (PGM.V) – a high-grade Red Lake development story]()
Pure Gold Mining (PGM.V) – a high-grade Red Lake development story
Pure Gold is a development and exploration story out of the High-Grade Gold Capital of the World—the Red Lake Mining Camp of northwestern Ontario. The company’s Madsen deposit, aka the PureGold Mine, is considered the highest grade development-stage project in Canada. Pure Gold (PGM.T) – (PUR.LSE) – (LRTNF.OTC) Investor presentation Pure Gold’s resource at Red…
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![Peter Schiff and signs of strength in the junior exploration arena – Skeena (SKE.V) and Alexco (AXU.TO)]()
Peter Schiff and signs of strength in the junior exploration arena – Skeena (SKE.V) and Alexco (AXU.TO)
Now that the first quarter of 2020 is in the rearview mirror, we can reflect on this recent history. Q1 2020 was THE worst first-quarter EVER for the U.S. stock market. It was darker than even the darkest dark of the Great Depression. Peter Schiff, in a live podcast aired earlier today (April 1), noted…
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![The ultimate Fed Put, soaring precious metals prices – not enough gold and silver coins to go around]()
The ultimate Fed Put, soaring precious metals prices – not enough gold and silver coins to go around
Though the U.S. Congress has yet to agree on a bailout package, it’s working on an unprecedented spending bill to prop up a dying economy. We’re talking somewhere in the neighborhood of 2 Trillion dollars. With interest rates at historic lows, this is shaping up to be the ultimate Fed Put. A battery of Bofors…
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![Extreme Fear Gauge readings versus notes of optimism from the Fed and a major investment bank]()
Extreme Fear Gauge readings versus notes of optimism from the Fed and a major investment bank
The across-the-board market volatility witnessed in recent sessions has been nothing short of astounding. Example: The lifeblood of a number of nations around the globe—Oil—did one jaw-dropper of a cliff dive yesterday… Then, only 24 hours later, Oil put on a show that would’ve made even Ed Sullivan stand up and applaud (a close-up 3-month…
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![Reeling markets, helicopter cash and a sweet spot for Canadian Gold Producers]()
Reeling markets, helicopter cash and a sweet spot for Canadian Gold Producers
Some ask, “if gold is such a safe haven asset, why did it get sold so unrelentingly when the broader indices caught what-for?” Great question. Gold was sold because it was a source of liquidity during a liquidity event. ANYTHING even remotely liquid was sold during the panic, regardless of underlying value or safe-haven caste.…
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![Market mayhem and deep value in the junior exploration arena part two]()
Market mayhem and deep value in the junior exploration arena part two
We’ll dispense with a recap of yesterday’s financial headlines, cept to say, it was an across-the-board bloodbath. Yesterday, in part one of a two-part roundup, we focused on hard-hit junior companies—co’s with market caps > $50M—with significant assets underpinning their beaten up valuations. Today, we’ll take a look at a number of companies a little…
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![Market mayhem and deep value in the junior exploration arena part one]()
Market mayhem and deep value in the junior exploration arena part one
Recent general market disorder and mayhem has wreaked havoc on the junior exploration arena over the past few weeks. For those holding junior ExplorerCos, the sector has been a world of hurt, assuaged only by the occasional rally… shades of bull markets past. Investors holding gold and silver stocks just want that hurt to stop,…
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DJIA plummets: divorce lawyers shudder as poor sexless couples grope each other in the night
“The National Marriage Project dubbed the drop in divorce ‘a silver lining’ to the Great Recession,” stated The L.A. Times, “arguing that tough times were pulling many husbands and wives closer together.”
