Investors Add Nearly $3B to Gold ETFs in September

Source: ETF Trends, John Spence (9/25/12)

"SPDR Gold Shares has seen net inflows of $2.1B in September, while iShares Gold Trust has gathered $615M, according to ETF flow data from IndexUniverse."

ETF Trends, John Spence

Investors have reacted to central bank easing measures by pumping almost $3 billion into gold exchange traded funds so far this month.

SPDR Gold Shares (NYSEArca: GLD) has seen net inflows of $2.1 billion in September while iShares Gold Trust (NYSEArca: IAU) has gathered $615 million, according to ETF flow data from IndexUniverse.

"Investors continued to pile into gold, sending holdings of physically backed exchange traded funds to a record high, with expectations that recent stimulus moves by central banks will support further strength in bullion," Reuters reported Tuesday.

GLD is the largest gold ETF with about 1,327 metric tons of bullion valued at $75.2 billion.

The gold fund has gained 12% the past three months as investors flock to the precious metal on worries the latest central bank stimulus programs will debase global currencies, especially the U.S. dollar with the Federal Reserve launching QE3. . .View Full Article

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.