Another down day for the precious metal stocks. A not-surprising withdrawal from GLD, but no changes in SLV. A sales report from the U.S. Mint. Not much in/out movement in gold at the Comex-approved depositories on Friday, but very decent movement in silver once again.
Hot on the heels of the Sandstorm/Franco-Nevada streaming deal for True Gold Mining's Karma project, Gold Investing News spoke with Nolan Watson for the inside scoop on changes with streaming and royalty companies.
At 845,000 ounces of gold and 28.3 million ounces of silver, Argonaut Gold is no doubt pleased with the resource estimate for its San Agustin project. The property is located just 10 kilometers from the company's operating El Castillo mine.
Yaniv Marcus of Leibish & Co. discusses how this year's Argyle Pink Diamonds Tender compares to the one held last year, also touching on what the future holds for the Argyle mine.
The fact is that gold and gold stocks are still clearly in a bear market. Just look at the 200 day moving averages.
The precious metal equities close marginally lower. No reported changes in either GLD or SLV---and no sales report from the U.S. Mint. More gold deposited at the Comex-approved depositories once again---and huge in/out movements in silver on Thursday. Except for Ted Butler and myself, no one asks why.
Comex gold is up 6.1%, while four of six gold mining stocks are outperforming, led by Anglogold, Goldcorp, Newmont Mining and Royal Gold.
Haywood Securities analysts rated the company a "buy" with a price target of $3.60 in a note following the release of the news.
A research note from Haywood Securities suggests that Midas Gold's development and production schedule could see delays, but is positive on the company's metallurgical processing update.
Precious metal equities get smacked. No changes in either GLD or SLV. A tiny sales report from the U.S. Mint. More gold shipped out of the Comex-approved depositories on Wednesday---and big in/out movement in silver once again.
In this interview, Ron Muhlenkamp tells The Energy Report how good policy ended the 1980-82 recession and set the stage for two decades of prosperity. He also explains why bad policy is hampering recovery now, and what this means for investors.
The U.S. has nearly 262 billion tons of recoverable coal reserves, according to the Energy Information Administration.
Andrew Chanin, co-founder of the PureFunds ISE Junior Silver ETF, on Q2 silver market trends and what factors he believes may push silver prices higher in the long term.
Potash prices have been slow to rebound a year following Uralkali's exit from Belarus Potash Company. That could cause trouble for BHP Billiton as the miner looks for a partner for its proposed Jansen potash mine in Saskatchewan.
Precious metal equities finish unchanged. Another deposit in GLD and, surprisingly, in SLV as well. A decent sales report from the U.S. Mint. No in/out movement in gold at the Comex-approved depositories on Tuesday---but a another big chunk of silver was deposited.
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