Streetwise Gold Articles
Inter-Citic CEO on Gold, China and Stocks
Source: Thom Calandra, Baby Bulls Twits (3/23/12)
"A China-centric gold developer says China's consumer price inflation is understated and real estate developers will melt down if the nation's banks step away from largely vacant offices, subdivisions and warehouses. The informed warning is good for gold."
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Gold Stock Panic Levels
Source: Adam Hamilton, Zeal Intelligence (3/23/12)
"As long as fat profit streams continue for gold miners, the immutable law of long-term stock pricing guarantees gold stocks will eventually be bid up to reflect their earnings."
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Gold Swerves to Avoid the Cross of Death
Source: Bob Kirtley, SK Options Trading (3/22/12)
"As investors, maybe we need to consider the possibility of an extended period of consolidation with not much more to look forward to than range-trading and sideways movement."
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Why Gold Can Go the Distance
Source: Frank Holmes, U.S. Global Investors (3/22/12)
"Historically, negative real interest rates (where the inflationary rate is greater than the current interest rate) combined with global stimulative money supply efforts have been an especially powerful combination for gold prices."
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The Gold Sector Is On Sale: Michael Fowler
Source: Brian Sylvester of The Gold Report Interviewed on 3/14/12 (3/21/12)
Michael Fowler, senior mining analyst with Loewen, Ondaatje, McCutcheon sees small- and mid-cap junior producers and developers as the "sweet spot" in the gold equities space, and provides a basket of names to consider in each space. In this exclusive Gold Report interview, he also shares his views on the irresponsibility of the "new paradigm" of large-scale financings now in vogue.
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Have Gold and Silver Entered a Bear Market?
Source: Julian Phillips, Gold Forecaster (3/21/12)
"Traders are trying to translate the short-term strength of the dollar to a weakness in gold. Their influence is short term."
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How to Trade Gold with ETFs and Options
Source: Larry Spears, Money Morning (3/21/12)
"For trading purposes, you can find some pretty good proxies for gold futures that require substantially less cash up front and carry significantly lower risk."
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Iran Says Gold Is Money
Source: Louis James, Casey Research (3/20/12)
"As long as the sanctions remain in force and the Iranian government has limited access to international currency markets, gold will remain an obvious way to settle transactions."
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Gold Mining in West Africa Promises Growth: Mark Lackey
Source: Brian Sylvester of The Gold Report (3/19/12)
Mark Lackey, chief investment strategist with Pope & Company, sees particular promise among small-cap gold equities in West Africa. Burkina Faso and Mali offer good topography and stable, democratically elected governments with little interest in economic nationalism. Given Lackey's view that gold will float between $1,600 and $1,800/ounce this year, he says in this exclusive Gold Report interview that now might be a good time for investors to look to Africa for upside potential.
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Europe's QE3 Will Boost Gold and Silver
Source: Jeb Handwerger, Gold Stock Trades (3/19/12)
"Eventually, investors will realize that the monetary metals can do well in both a deflationary risk-off environment as well as an inflationary risk-on environment and the trend will turn significantly higher as it has for the past decade."
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Precious Metals Are Decoupling from the Stock Market
Source: Jordan Roy-Byrne, The Daily Gold (3/19/12)
"The S&P 500 is nearing resistance and the precious metals sector is testing its December low. A successful retest of the low in many markets (juniors, metals, silver stocks) should be a signal that the market has confirmed its bottom."
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Good as Gold!
Source: Guiseppi Borelli, The Unpunctured Cycle (3/19/12)
"Everyone is afraid of gold right now and the media is doing its best to stoke that fire, but now is the time to buy."
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Gold, Silver, Oil and the Fear Index Trends
Source: Chris Vermeulen, The Gold and Oil Guy (3/18/12)
"Gold will look bullish around $1,600/oz, gold miners (GDX) around $48/share, and silver around $30/oz, but we need to see one more wave of strong distribution selling for that to take place."
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Canada Sees Mining Resurgence: Scott Jobin-Bevans
Source: Sally Lowder and Brian Sylvester of The Gold Report (3/16/12)
Amid the bustle of the 80th Prospectors and Developers Association of Canada (PDAC) convention in Toronto, The Gold Report sat down with PDAC President Scott Jobin-Bevans for his take on the challenges the mining industry faces. In this exclusive interview, he covers a wide range of topics, from skilled labor shortages to the trials of mining in remote northern Canada.
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Another Healthy Correction for Gold and Silver
Source: Jason Hamlin, Gold Stock Bull (3/16/12)
"I am convinced that gold and silver will eclipse their previous inflation-adjusted highs before this bull market is over."
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Wanted! Bearish Gold Bulls
Source: Adrian Ash, BullionVault (3/16/12)
"Overall, since gold prices began to move freely in the late 1960s, the metal has moved in the same direction as stocks, on a quarterly basis, for roundabout half of the time. It's gone in the other direction to stocks for pretty much the other half of the time, making gold uncorrelated in total."
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Barron's Gold Mining Index to Double over the Next Couple of Years?
Source: Hubert Moolman (3/15/12)
"It was not until almost the end of the bull market in 1979 that the gold stocks really started to take off. Those who think gold stocks will not rise during this bull market will be disappointed."
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What's Driving Gold, Silver Prices?
Source: Julian Phillips, Gold Forecaster (3/15/12)
"With all the easily reached and exploited gold deposits having been mined out in the last century, miners are seeing costs jump inordinately; however, with the prospect of higher gold prices, even the far-flung deposits are becoming profitable."
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Special Report: The Next Golden Age for Cambodia?
Source: Thom Calandra for The Gold Report (3/14/12)
Journalist Thom Calandra recently returned from a tour of mining activities in Cambodia and filed this exclusive report with The Gold Report. Calandra came away from nine days in Cambodia thinking that by late 2013, the extent of identified gold reserves in this Southeast Asian country could rival Cambodia's abundance of Buddhist temples, rubber plantations, cashew trees and cassava farms.
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Some of the Biggest Silver Bulls in the Herd Speak Up
Source: Sally Lowder and Brian Sylvester of The Gold Report (3/14/12)
As the silver space picks up momentum and grabs attention, it's taken on a decidedly Latin look. That's evident from The Gold Report's conversations with a handful of executives whose companies stand out among south-of-the-border silver producers. Sharing their opinions, insights and perspectives in our "virtual roundtable" are Ross Beaty, chairman of Pan American Silver Corp.; Mike Callahan, president of Silvermex Resources Ltd.; Jorge Alberto Ganoza Durant, president and CEO of Fortuna Silver Mines Inc.; and Lenic Rodriguez, president and CEO of Aurcana Corporation. Also joining the party is Brent Cook, familiar to The Gold Report readers as the renowned exploration analyst and geologist who produces the weekly Exploration Insights newsletter.
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Risks Challenging Latin American Miners
Source: Sally Lowder and Brian Sylvester of The Gold Report (3/14/12)
Mining companies face risks in Latin America, from nationalization to skilled labor shortages. The Gold Report sat down with several mining executives whose companies stand out among south-of-the-border silver producers. Sharing their thoughts in our "virtual roundtable" are Ross Beaty, chairman of Pan American Silver Corp.; Mike Callahan, president of Silvermex Resources Ltd.; Jorge Alberto Ganoza Durant, president and CEO of Fortuna Silver Mines Inc.; and Lenic Rodriguez, president and CEO of Aurcana Corporation.
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Figuring Out Gold's Peak
Source: Adrian Ash, BullionVault (3/14/12)
"Just how long might gold owners wait to see gold get back to its peak? To date, the 21st century bull market has enjoyed seven breathers longer than this one so far."
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Investment in Indian Gold ETFs Soaring
Source: Shivom Seth, Mineweb (3/14/12)
"Investors in India have ratcheted up their purchases in exchange-traded funds that aim to track the price of gold. For the month of February, gold ETF assets under management in India soared to 97.95B rupees (US$1.96B), up 161% from a year ago."
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What Commodity Bubble? Precious Metals, Rare Earth and Uranium Miners Rebound
Source: Jeb Handwerger, Gold Stock Trades (3/13/12)
"We are in the time interval of the first quarter, which is often a period of favorable seasonality. Hopefully, may this force be with us."
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Mexico's Silver Mines Shine: 'Mexico Mike' Kachanovsky
Source: Peter Byrne of The Gold Report (3/12/12)
Precious metals analyst "Mexico Mike" Kachanovsky, who opines on junior mining and exploration stocks at smartinvestment.ca, is bearish on the world economy, but bullish on mining stocks. Although he has seen a recent rise in narco-violence, in this exclusive interview with The Gold Report, Kachanovsky urges sensible investors to continue to look at firms exploring Mexican metal deposits because the upside is enormous.
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