Streetwise Gold Articles
Brent Cook's Primer on Reading Drill Result Press Releases
Source: JT Long of The Gold Report (5/20/13)
"Half science, half art, half luck," is how Brent Cook describes a geologist's work in distinguishing an anomaly from a deposit. But in his interview with The Gold Report,
the publisher of Exploration Insights suggests investors will have an easier time distinguishing good drill results from bad if they know how to dissect a company's press releases. And despite the current preference for cost cutting over discovery, Cook discusses several miners whose futures are bright.
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Volatility in Precious Metals Driven by Investor Switch from Commodities to Equities
Source: Adrian Ash, BullionVault (5/20/13)
"Initially extending Friday's late drop to touch $1,340/oz for only the second time since January 2011, gold rallied from new five-week lows for euro and British pound investors."
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Caesars Report's Second Most Important Factor in Picking a Winning Mining Investment: Jurisdiction
Source: Brian Sylvester of The Gold Report (5/17/13)
Jurisdiction risk continues to grow as a result of countries attempting to capitalize on higher commodity prices. In this interview for The Gold Report,Thibaut Lepouttre, editor of Caesars Report, a newsletter and mining portal in Belgium, discusses which jurisdictions offer better value to investors and which countries to avoid. He also offers suggestions on where to look outside of North America for compelling values in junior mining.
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Junior Gold Producers' Q1/13 Earnings Show Profitability
Source: Kip Keen, Mineweb (5/16/13)
"Junior gold producers are still, by and large, not in a panic about the current price of gold, though for some it puts the pressure on."
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Gold and Bitcoin: Currencies of the Future—James Turk
Source: JT Long of The Gold Report (5/15/13)
Europe, says James Turk, founder and chairman of GoldMoney, is in the midst of two crises—one in the banking sector, the other related to economic activity, and capital is needed to solve both. As to the allegedly strong dollar, Turk, in this interview with The Gold Report, suggests comparing it to the price of gold rather than other fiat currencies for a better picture. And the world's newest currency—Bitcoin—has a lot in common with one of the oldest—gold.
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Tips for Diversifying Beyond Gold from Brent Cook
Source: JT Long of The Metals Report (5/14/13)
Last month's landslide at Utah's Bingham Canyon, one of the world's largest copper mines, triggered significant discussion on possible copper shortages. Brent Cook, veteran geologist and publisher of Exploration Insights, puts the landslide into perspective in this interview with The Metals Report. And for investors who want to dig out profit potential beyond the yellow metal, Cook gives us a byproduct primer and suggests base metals are a great way to diversify.
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Why Peter Grandich Is Still Telling His Wife Gold Will Hit $2,000/oz
Source: Brian Sylvester of The Gold Report (5/13/13)
Many junior mining investors have run off with their tails between their legs. And who can blame them when even the portfolios of market veterans like Peter Grandich, publisher and editor of The Grandich Letter, have taken a beating? But before you cash in, you might want to read why Grandich still has hope for $2,000/oz gold, and which companies he believes have the mojo to make it through this trough in this interview with The Gold Report.
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Three Reasons to Buy Gold Equities Today
Source: Frank Holmes, Frank Talk (5/13/13)
"I believe the drivers for the yellow metal remain intact, so for investors who can tolerate the ups and downs, gold stocks are a compelling buy."
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Precious Metal Royalties: The New Landscape
Source: JF Gunter of The Gold Report (5/10/13)
In today's challenging finance environment, some miners are looking to royalty companies to fill the funding void. Royalty sales give the junior mining company capital to explore or build a mine in exchange for a percentage of future production. It is a win-win. Investors have exposure to gold profits, but are immune to much of the risk. Juniors get the money they need to move forward. But not all royalties are the same and a number of new types have entered the market to fill specific investing and funding niches. In this special primer from The Gold Report, we survey the heads of the companies to explain the role they see themselves playing in investment portfolios and the future of mining.
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Placing Bets on Colombia: Paul Harris
Source: Brian Sylvester of The Gold Report (5/10/13)
Some exploration projects in Colombia are advancing to the mine definition stage, says Paul Harris, the Colombia-based editor and publisher of the Colombia Gold Letter, and with the government starting to provide the level of administration that the sector needs, the country is poised for great things. In this interview with The Gold Report,
Harris discusses the implications of Colombia's 2001 mining code and which companies are leading the project development curve.
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The Real Reason Gold Fell—and Why It Has Already Stabilized: Lawrence Roulston
Source: Brian Sylvester of The Gold Report (5/8/13)
Things are upside down in the gold market. Valuations are irrationally low, while global consumerism fuels demand and supply comes up short. Lawrence Roulston, editor and publisher of Resource Opportunities, advises people to trust their guts as well as the numbers when weeding through prospective investments. In this interview with The Gold Report,
he skirts around conspiracy theories regarding the recent gold sell-off and keeps his advice simple: lower expectations, get rid of poorly performing investments and load up on the companies going cheap. If you push against the trend, you might come out with your feet on the ground.
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Mr. Spock Would Definitely Find Current Gold Price Levels Illogical
Source: Lawrence Williams, Mineweb (5/8/13)
"Unprecedented demand for physical gold does not even seem to be having any impact at all on the metal price as high frequency traders rule the day. Illogical!"
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Special Report from the SME Conference: How to Find Money in Any Market
Source: JT Long of The Gold Report (5/6/13)
Money: Mining companies need it and investors want to know that companies will use that money to make them money. An innovative conference sponsored by the Society for Mining, Metallurgy and Exploration (SME), called "Current Trends in Mining Finance—An Executive's Guide: What Are Lenders, Investors Looking For?", brought together about 145 experts who were actively funding and running companies—and looking for answers. In this interview with The Gold Report,
SME Executive Director David Kanagy and Conference Co-Chair Tim Alch share some insights about alternative funding that could help more companies survive the year.
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Are Palladium Stockpiles Running Out?
Source: Sholom Sanik, Resource Investor (5/6/13)
"The market is absorbing a supply-side shock from two fronts."
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Ryan Walker: Tweet Retreat Hasn't Changed Gold's Story
Source: Brian Sylvester of The Gold Report (5/3/13)
Investors were shaken by the market's death-defying drop and recovery in a matter of minutes recently. But the "tweet retreat" hasn't changed the reasons why investors need gold companies in their portfolio. Ryan Walker, a mining analyst with Casimir Capital in Toronto, tells investors to look past the headlines to what underpins the market. In this interview with The Gold Report, Walker says all the cash pumped into the economy has to start driving inflation at some point.
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James Dines Follows His Prediction of a Commodity Crash with Another One the Mainstream Media Is Ignoring
Source: JT Long of The Gold Report (5/3/13)
When the metals markets tumbled in mid-April, The Gold Report reached out to "the original investor bug" and author of The Dines Letter, James Dines, for perspective. He predicted a crash in commodity prices two years ago based on his analysis of a weak Chinese economy. Next, he says, will be a bond market bust once interest rates start to climb. This will lead to "a stampede to get out of bonds like a herd of elephants attempting to exit through a revolving door." How can investors protect themselves? That is Dinesism #38.
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Physical Gold-Silver Shortage Could Benefit Undervalued Miners
Source: Jeb Handwerger, Gold Stock Trades (5/3/13)
"We may see a very powerful rebound as short covering and record investment demand returns to the precious metal sector."
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How to Stress Test Gold Equities: Joe Mazumdar
Source: Peter Byrne of The Gold Report (5/1/13)
Gold prices are down in the short term, but the commodity metal is here to stay, says geologist Joe Mazumdar. In this interview with The Gold Report,
the Canaccord Genuity analyst assesses the current situation and compares the performance potential of the majors with the mid caps. He backs up his analysis and predictions with a few solid companies that are positioned to weather the storm.
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Gold Stocks to Rebound in May
Source: Jordan Roy-Byrne, The Daily Gold (5/1/13)
"Sell in May and don't go away. Sell and buy gold stocks."
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Gold's Plunge Ultimately Healthy for the Sector: Michael Gray
Source: Brian Sylvester of The Gold Report (4/29/13)
Market volatility sets the stage for price upswings as well as dips, according to Michael Gray, equities analyst of Macquarie Capital Markets, and the recent gold price drop should be seen as a "pause" in the bull market. Management teams are pausing as well, to focus on earnings and shareholder return rather than growth. In this interview with The Gold Report, Gray says this is the time to buy the best companies you can while they are discounted to fire sale prices, and he offers several names in jurisdictions from South and North America in the junior explorer space.
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Breaking Down Gold's Comeback
Source: Greg Guenthner, The Daily Reckoning (4/29/13)
"It's only been two weeks since the big crash. But that hasn't stopped the yellow metal from staging a comeback. For the first time in five weeks, gold ended trading Friday night with a weekly gain under its belt."
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Sell in May and Miss a Chance to Buy Gold Stocks Cheap, Warns Bob Moriarty
Source: JT Long of The Gold Report (4/26/13)
What is up—the Dow Jones Industrial Average and Standard & Poor's 500—will come down and what is down—gold equities—will go up fast, predicts the ultimate contrarian investor, Bob Moriarty. In this interview with The Gold Report, the president of 321 Gold proclaims that while all gold stocks are cheap right now, he has some favorites that he expects to jump when the junior market turns. Those who turn their back on the market over the summer just might lose their best chance to get in at historic lows.
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Portfolio Manager Greg Orrell: 'My Belief in Gold Has Not Wavered'
Source: Peter Byrne of The Gold Report (4/24/13)
After the extreme volatility of gold in the last few weeks, OCM Gold Fund Manager Greg Orrell is more convinced than ever of the necessity of owning gold assets. In this interview with The Gold Report, Orrell lays out the rationale for buying these cheap gold stocks from around the world, including California of all places.
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Jim Rogers: Once Gold Bottoms, We're Looking at a 'Multi-Year Bull Market'
Source: William Patalon III, Money Morning (4/23/13)
"The former hedge-fund manager and best-selling author believes this is a badly needed—even healthy—price correction."
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How Low Can They Go?—Gold Breaking Points: Killian Charles
Source: Brian Sylvester of The Gold Report (4/22/13)
Killian Charles, an analyst with Industrial Alliance in Montreal, isn't too concerned if the gold price hits $1,300 an ounce or even $1,000. He's more concerned with the gold breaking point. How low can the gold price go without breaking a project? Investors will be surprised to know that a wealth of junior miners are lean and mean enough to survive a pint-sized gold price. Charles talks with The Gold Report
about which companies have resized and redesigned their projects to make it in this unforgiving market.
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