Let the Gold Surge of 2011 Begin

Source: Motley Fool, Christopher Barker (4/7/11)

"Seems like just yesterday we saw the onset of a powerful new surge in gold and silver in H210."

It's happening again. Gold broke out above $1,450 Tuesday in convincing fashion and quickly moved above $1,460 early Wednesday before stopping to catch its breath.

It seems like only yesterday I was heralding the onset of a powerful new surge in gold and silver, a surge that made the second half of 2010 a memorably profitable one for well-positioned precious metal investors. Given that remarkable year-end run in 2010, initial price weakness early in 2011 came as no surprise.

Following a swift correction, I pleaded with Fools on Jan. 21 to take advantage of their last best chance to acquire long-term positions in gold and silver. One week later, the year-to-date lows for both metals trickled in. Even mega-cap miner Goldcorp Inc. (TSX:G; NYSE:GG) has tacked on more than 30% since then, while the real superstars have been the silver miners. Silver Standard Resources and Silvercorp Metals have gained more than 50%, and my top-10 pick Great Panther Silver Ltd. (TSX:GPR; NYSE.A:GPL) has two-bagged—all in less than three months' time.

Market commentators were quick to suggest an array of real-time drivers responsible for gold's breakout surge, collectively offering: Portugal's credit downgrade and overall eurozone distress, the budget impasse on Capitol Hill and associated unease over a potential government shutdown, persistent unrest in the Middle East and, of course, the evidence of inflationary concerns observed both in China's rate hike and Fed Chairman Ben Bernanke's rhetoric.

Precious metal investors are well advised to track all relevant geopolitical and macroeconomic events worldwide."

Gold Explorer Highlights 2020 Achievements and Outlook
Source: Streetwise Reports (01/29/2021)

Magna Gold Corp.'s CEO Arturo Bonillas issued a letter to shareholders outlining the firm's business and financial accomplishments in 2020 and its strategy and outlook for 2021.

Cabral Gold's channel samples at the JM target provide "further evidence that numerous high-grade veins occur within the Cuiú Cuiú district."

Explorer Completes Phase 2 Metallurgical Work for Palladium-Copper Project
Source: Streetwise Reports (01/28/2021)

Generation Mining intends to wrap up the feasibility study on Marathon this quarter.

Silver Firm Reports Q4/20 Processing, Production Numbers from Mexico Project
Source: Streetwise Reports (01/28/2021)

MAG Silver's joint venture project Juanicipio produced 230,000 ounces of silver during the quarter ended Dec. 31, 2020.

Explorer Reports High-Grade Gold-Silver Intercepts at BC Golden Triangle Property
Source: Streetwise Reports (01/27/2021)

Scottie Resources Corp. advises that the target remains open in most directions.

Golden Arrow Resources Out Exploring Again After COVID-19; Hits High-Grade Gold at Tierra Dorada in Paraguay
Source: The Critical Investor for Streetwise Reports (01/27/2021)

The Critical Investor explains why he believes "investors have an interesting opportunity to invest in a pretty derisked, undervalued and experienced explorer with three chances for success."

Junior Mining Sector 'the Best Value in the Space'
Source: Streetwise Reports (01/27/2021)

The StreetSmart Live! Broadcast on Jan. 26, 2021, focused on metals and why now is a good time for investors to be looking at them and the mining space. John Newell, independent analyst and portfolio manager, and John Feneck, mining sector expert and president of Feneck Consulting, addressed the status of the current metals market. CEOs of the three metals-focused companies comprising the Metallic Group of Companies—Group Ten Metals, Metallic Minerals and Granite Creek Copper—discussed their projects.

Shenanigans Abound: Gold, Silver and Cryptocurrency
Source: Michael Ballanger for Streetwise Reports (01/26/2021)

Sector expert Michael Ballanger explores the generational trends currently shaping investment markets, including the precious metals.

MMT Survey Helps Explorer Identify New Large Target at Ecuador Property
Source: Streetwise Reports (01/26/2021)

Aurania Resources reported that data from an ongoing Mobile MT Survey identified an extensive target at Tsenken at its Lost Cities - Cutucu Project in southeastern Ecuador.