Lemon_tm New-high fatigue? Gold had another good month in April, posting a 4% gain and ending the month at US$2,307/oz. Unlike March, gold finished off its intra-month high from probable buyer reticence and profit taking – reflected in falling Chinese premia, lower Indian imports and flat-lining COMEX positioning. On the flipside, the trend in North…
Centerra Gold Inc. (NYSE:CGAU) Q1 2024 Earnings Conference Call May 14, 2024 9:00 AM ET Company Participants Lisa Wilkinson – VP, IR and Corporate CommunicationsPaul Tomory – President and CEOPaul Chawrun – COORyan Snyder – CFO Conference Call Participants Raj Ray – BMOMike Parkin – National BankAnita Soni – CIBC Operator Thank you for standing…
ssucsy As usual at this time of the year, we would like to provide an update on the current status of the Midas Touch Gold Model™ and present our short- to medium-term outlook for the gold market. Our Gold Model analyzes the gold market from various perspectives with a rational and holistic approach. It stands…
CatLane Introduction I have been a fan of the streaming model for a long time now, and look back wistfully at the days when Silver Wheaton was a streamer dedicated to the silver market. Since then, I have been looking for another company that just may be capable of pulling off a similar meteoric rise…
Lundin Gold Inc. (OTCQX:LUGDF) Q1 2024 Earnings Conference Call May 9, 2024 12:00 PM ET Company Participants Ron Hochstein – President and Chief Executive OfficerTerry Smith – Chief Operating OfficerChris Kololian – Chief Financial Officer Conference Call Participants Bryce Adams – CIBC Capital MarketsDon DeMarco – National Bank FinancialKerry Smith – HaywoodTerence Ortslan – TSO…
Klaus Vedfelt I suggested i-80 Gold Corp. (NYSE:IAUX) at $2.70 per share as a buy idea back in December 2022 here. My bullish forecast was based on a string of positive exploration drill results at its Nevada gold properties and some very powerful momentum characteristics in share trading. Well, despite a decent rise in gold/silver…
Oselote A Hold Rating for shares of Aya Gold & Silver Inc. Canadian mining and exploration company Aya Gold & Silver Inc. (OTCQX:AYASF) (TSX:AYA:CA) has a very positive outlook. Driven by robust silver pricing coupled with strong operations, the cash flow generation enables growth projects to focus on resource exploration and processing capacity development. The…
ChiccoDodiFC/iStock via Getty Images There are three supporting themes driving our conviction that the timing for investing in gold, silver, copper, and other metal exploration stocks has never been more compelling: In our analysis, the unsustainable debt and government deficits in developed economies make inflationary pressures intractable and fiat currencies more susceptible to debasement than…
Oat_Phawat Eldorado Gold Corp (NYSE:EGO) has quietly rallied to its highest level since 2017, gaining momentum in recent months alongside the record price of gold. Indeed, the company reported its latest quarterly results highlighted by solid growth with management guiding for an even stronger second half of the year. The market is also looking ahead…
asbe/iStock via Getty Images Listen below or on the go on Apple Podcasts and Spotify Amrita Roy and Rob Isbitts are both bullish on gold and T-bills (0:25). Inflationary and deflationary tug of war, macro volatility and central banks piling into gold (1:25). Why liquidity is the glue that drives everything forward (5:00). This is…
Anthony Bradshaw Gold prices are surging to record levels amid a complex global economic backdrop, including potential U.S. Federal Reserve rate cuts and ongoing geopolitical risks. With its low correlation to equities and ability to help mitigate recessionary and inflationary pressures, gold’s attractiveness is underscored by robust demand from emerging market central banks – allowing…
Image Source/DigitalVision via Getty Images Main Thesis/Background The purpose of this article is to discuss the border market backdrop with a specific focus on gold and how it may continue to do well deeper into Q2. This is an asset class I have held for a long time – but it has often been a…
J Studios Introduction I have often found that high-quality stocks, despite appearing expensive relative to peers of lower quality, nevertheless keep outperforming by a significant margin. In this context, while evaluating a gold miner, high quality can relate to many different aspects. For example, the asset itself could be superior, because of its overall size,…
chrispecoraro Initially, I intended to write this article after Gold Reserve Inc. filed its 2023 Annual Report, which based upon the release dates of its previous annual reports, will happen before the end of April. However, court documents that were filed today (April 17, 2024) have accelerated this timeline. Accordingly, all financial data about Gold…
brightstars A “Buy” rating for Fortitude Gold Corporation This article upgrades the rating on Fortitude Gold Corporation (OTCQB:FTCO) stock to a “Buy” rating from the “Hold” rating in the previous analysis in early December 2023. Retail investors were suggested to remain anchored to gold prices through FTCO as gold prices and FTCO share prices are…
tifonimages It’s been a much better Q2 than Q1 for the Gold Miners Index (GDX) with the price of gold successfully breaking out above the $2,070/oz level and providing a substantial lift to margins for the gold mining industry. And one name that will be a significant beneficiary of the recent gold/copper price strength is…
brightstars Gold as the ultimate safe haven asset It has been more than 50 years since gold ceased to play a crucial role in the financial system, but still today there is strong interest in this precious metal. After all, humans have been strongly attracted to it since before Christ, and millennia of history can…
The Bitcoin Halving: Gold is on Borrowed Time For the first time since its inception, Bitcoin’s annual inflation rate is poised to become less than that of gold, the quintessential store of value. At Bitcoin block height 840,000, the annual supply of Bitcoin will be cut in half, resulting in a decrease in its annual…
grandriver In our view, Texas Pacific Land Corporation (NYSE:TPL) presents a unique and compelling investment opportunity. The company’s diverse revenue streams, which include oil and gas royalties, water sales and royalties, and surface-related income, provide exposure to increased development within the Permian region while mitigating the risks associated with direct oil and gas production. TPL’s…
Anthony Bradshaw In a stunning rally, both gold and gold mining companies have surged since late February. Major buying of the precious metal by central banks around the world and concerns over the growing global debt burden have drawn investors into this often risk-off commodity. Hopes for a Fed rate cut is another macro tailwind….
Gold Flora Corporation (OTCPK:GRAM) Q4 2023 Earnings Conference Call April 8, 2024 6:00 PM ET Company Participants Laurie Holcomb – Chief Executive OfficerMarshall Minor – Chief Financial Officer Conference Call Participants Jesse Redmond – Water Tower ResearchBobby Burleson – CanaccordScott Fortune – ROTH MKMPablo Zuanic – Zuanic & AssociatesHoward Penney – Hedgeye Operator Good afternoon,…
Corri Seizinger/iStock via Getty Images Evidence is mounting that the gold rally is ready for an intermediate term correction. New investors shouldn’t buy gold or gold ETFs now; better prices lie ahead. Current holders should lighten gold positions by 30% if prices move any higher. We have a maximum upside target of $2,450, which is…
Moussa81 Introduction It’s time to talk about gold, the precious metal that has been an increasingly hot topic since the pandemic. Looking at global Google searches for “gold,” we see that searches have been consistently elevated since early 2020, with the first signs of upside momentum in the second half of 2019. Google Trends We’re…
scyther5 CEFA: Welcome to CEF Insights, your source for closed-end fund information and education, brought to you by the Closed-End Fund Association. Today we are joined by Axel Merk, President and Chief Investment Officer for Merk Investments. Merk Investments is the investment advisor of ASA Gold and Precious Metals Ltd. (NYSE:ASA). We’re so glad you…
artisteer As gold prices consolidate near highs, gold miner stocks continue to underperform relative to the price of the precious metal. Against such background, iShares MSCI Global Gold Miners ETF (NASDAQ:RING) offers an attractive option to invest in a variety of gold miners that may finally start catching up with gold. I give the RING…
georgeclerk Just as stocks took a big leap into February, they are hopping into the Easter weekend with strong March gains under their belt. Investors’ baskets are full of winners no matter where you look. Egg-celent returns were seen in U.S. large caps – the S&P 500 (SP500, SPX, SPY) rallied more than 3%, while…
Lemon_tm Gold staged a blinding comeback last week, surging to fresh all-time highs above $2,200 an ounce. The rally, which has added around 10% to gold’s value since mid-February, caught many market watchers off-guard. But for those of us who’ve stuck with the yellow metal through its ups and downs, the price action is the…
Nilam Resources, Inc., a precious metal mining company with principal assets in Peru, has announced it is entering into a Letter of Intent (LOI) with Xyberdata Ltd. to acquire 24,800 bitcoin. This agreement involves acquiring 100% of the common stock of a special purpose entity named MindWave, to be established in Mauritius, which will hold the BTC along…
Anthony Bradshaw Many investors seem to be ignoring gold and the gold mining sector while they instead pursue “hot money” investments such as Bitcoin and AI stocks like NVIDIA (NVDA). However, gold has recently been hitting new highs, and the price of gold could have much further to run in the coming years. Gold mining…
SB/iStock via Getty Images By SchiffGold The Bank of Japan’s historic move to end the country’s negative interest rate policy after nearly two decades triggered a jolt upward to new all-time highs for gold against the yen. But what are the implications for gold in the medium and longer term? The answer is far from…
Avino Silver & Gold Mines Ltd. (NYSE:ASM) Q4 2023 Earnings Conference Call March 21, 2024 10:00 AM ET Company Participants Jennifer North – Head, Investor RelationsDavid Wolfin – President & Chief Executive OfficerNathan Harte – Chief Financial Officer Conference Call Participants Jake Sekelsky – Alliance Global PartnersHeiko Ihle – H.C. WainwrightJoseph Reagor – ROTH MKMMatthew…
KikoStock/iStock via Getty Images Introduction Aris Mining (NYSE:ARMN)(TSX:ARIS:CA) is a rapidly growing mid-tier gold producer with operations primarily focused in South America. The company operates the Segovia and Marmato gold mines in Colombia. It also owns the Toroparu development project in Guyana. Additionally, Aris holds a 20% interest (with an option to increase ownership to…
Gold Resource Corporation (NYSE:GORO) Q4 2023 Earnings Conference Call March 14, 2024 10:00 AM ET Company Participants Chet Holyoak – CFO Allen Palmiere – President & CEO Alberto Reyes – COO Conference Call Participants Heiko Ihle – H.C. Wainwright Jake Sekelsky – Alliance Global Partners Operator Good morning, and welcome to the Gold Resource Corporation…
Wesdome Gold Mines Ltd. (OTCQX:WDOFF) Q4 2023 Earnings Conference Call March 13, 2024 10:00 AM ET Company Participants Lindsay Dunlop – VP, Investor Relations Anthea Bath – President and CEO Fred Langevin – Chief Operating Officer Mike Michaud – SVP Exploration and Resources Jonathan Singh – Interim CFO Conference Call Participants Ralph Profiti – Eight…
simarik/E+ via Getty Images By Brien Lundin We’re seeing the first signs that Western investors are moving into gold. If past form holds true, this could turbocharge this already-powerful gold rally. This new gold bull run has been absolutely shocking in its intensity. Since it started just 10 days ago, gold has added $150 in…
Just_Super Gold’s unexpected breakout to all-time highs in recent trading days has many investors wondering if they should purchase gold miners to leverage future gains. My regular readers know I have been anticipating far higher gold prices over the last year. And, the push above US$2200 oz. intraday on Friday could be just the start…
Lemon_tm By Ewa Manthey All eyes on the Fed The key driver for the outlook of gold prices for the past year has been the Federal Reserve policy. Our US economist expects the first cut in June while swaps markets show a 65% chance of a cut in June compared with 58% at the end…
Kira88 Fundamentals: On Tuesday, the price of gold went way up, hitting over $2,100 per ounce in New York, a record high. This happened because a lot of big economic things are going on in the world right now that are making investors very interested in gold. One big reason is that when you adjust…
Editor’s note: Seeking Alpha is proud to welcome Lake Geneva Investor as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Gold has held the title of the world’s…
FG Trade Latin CEF Overview The Sprott Physical Gold and Silver Trust (NYSEARCA:CEF) is a closed-end fund that invests in gold and silver. The metals are fully allocated for and held at The Royal Canadian Mint. Typically, the mix is around 2/3 in gold and 1/3 in silver. I first covered CEF almost a year…
manassanant pamai By Ewa Manthey, Commodities Strategist Fed policy remains key for gold Federal Reserve policy will remain key for the outlook of gold prices in the months ahead. US dollar strength and central bank tightening weighed on the gold market for most of last year. Swaps markets suggest investors don’t see much chance of…
Falcor We’re more than two thirds of the way through the Q4 earnings season for the Gold Miners Index (GDX) and it’s been a decent quarter overall. For starters, most producers enjoyed average realized gold prices at or above $1,970/oz, and while we have seen mixed results from a margin standpoint because of sticky inflationary…
MarsBars Gold mining stocks represented by VanEck Gold Miners ETF (NYSEARCA:GDX) and VanEck Junior Gold Miners ETF (GDXJ) have been in the doghouse recently, down nearly 20% over the past two months alone: Data by YCharts The main headwinds for the sector seem to be: A growing consensus of higher-for-longer interest rates, which will likely…
bodnarchuk [Gold investing offers a diverse marketplace of investment options and approaches for investors. The main motivations to invest in gold have been for diversification, as an inflation hedge, or for speculation, but the big reason is for the dynamics of this market that are different from traditional equities and for unique niches of opportunities…
manassanant pamai Introduction Gold is one of the largest alternative assets investors across the world hold, and is commonly held because its returns do not match those of stocks and bonds, giving extra diversity and stability to traditional portfolios. Data by YCharts Choices, Choices There are dozens of choices of ETFs that investors could buy…
Petrovich9 The U.S. Federal Reserve is widely expected to lower interest rates at either the May or June meeting. Daniel Ghali, Senior Commodity Strategist with TD Securities, tells MoneyTalk’s Greg Bonnell why he thinks many investors may be under-positioned in gold when interest rate cuts start. Greg Bonnell: While the US Federal Reserve has preached…
Katsumi Murouchi/Moment via Getty Images Gold (XAUUSD:CUR) (GLD) is currently trading at a crucial spot right now, with high potential for an explosive breakout higher. Regular readers will know I have been calling for gold prices to surge assertively above the $2,100 level in the longer term, paving the way for the start of a…
Bloomberg/Bloomberg via Getty Images It has been some time since we wrote on Royal Gold Inc. (NASDAQ:RGLD). But the last time around, we gave it a Buy rating as the valuation was compelling. That call was a bit early, but those that entered there, had up to a 45% upside over the next 12 months….
Bloomberg/Bloomberg via Getty Images With gold stubbornly holding above $2000/oz, it’s an interesting time to be looking at the gold sector for investment opportunities. Barrick Gold Corporation (NYSE:GOLD), being the second-largest gold miner in the world, is a must-consider for anyone looking to invest in gold equities. But being big doesn’t necessarily mean it’s a…
Lemon_tm Gold gives back gains Gold prices fell back to US$2,053/oz, to finish the month 1% lower,1 and departing from historical seasonal strength (Table 1). A retracement following such a stellar finish to the year was probably on the cards, with global gold ETF outflows accelerating to 51t and a reduction in COMEX futures net…