Precious Metals Mining News

Gold drops to five-year low

Oil, copper and silver all beaten up.

Inflation Deniers Emboldened by Gold's Struggles

The vultures are circling. Precious metals bulls, laid flat by gold and silver prices dropping for the 5th week in a row, are watching deflationists such as Harry Dent and the financial media squawk about […]

Is Gold a Stupid "Pet Rock" or a Bedrock Asset?

Greece defaulted at the end of June, and metals investors expected higher prices in July. What we expected isn’t what we got. It isn’t the first or last time markets surprised investors. Do lower spot […]

Modest tailwinds could blow life into mining equities in 2015: Shane Nagle

In this interview with The Gold Report, Nagle selects some promising precious metals stories, along with his two top picks in the base metals space.

Global insecurity is good for gold, says Mike Niehuser

International anxiety may be good for gold prices, as gold continues to have a place as a store of value in uncertain times, says Mike Niehuser of Scarsdale Securities.

John Embry: I’ve never seen this in my 40+ years in the investment business

John emphasizes the belief that this period parallels the mid-70s bull market correction, and when asked about the depth of the current sell-off, noted that, “I don’t think I’ve ever seen, in the 40 plus years I’ve been following the sector, the shares cheaper in relation to the price of bullion as they are now.”

The deflationary myth

With commodities now moving down into their three year cycle low I’m hearing more and more talk about deflation. This is complete nonsense.

Look for big rally in junior miners in January after tax loss selling

Be prepared to pick up quality situations during tax loss selling season and benefit off of a powerful January Effect rally.

BMO Capital Markets' Andrew Kaip says get ready for the consolidation wave

Andrew Kaip, managing director of mining equity research at BMO Capital Markets, says the stark reality is that the precious metals sector is only part way through a down cycle and that structural issues will result in a fresh phase of consolidation

Relative calm for PMs in wild markets

This week has been extremely volatile for oil, currencies and stock markets. Against this background gold and silver have drifted sideways to slightly lower, which given the dollar’s strong performance is almost a positive result.

Precious metals starting to show bullish signs

Relative strength in Gold has preceded important bottoms in the Gold price during 2001, 2005 and 2008. That relative strength is starting to show.

Waiting for Godot

Alternatively, watching paint dry. That’s how it has felt this week with gold’s volatility slowing to a crawl ahead of Thanksgiving yesterday and the Swiss gold referendum on Monday.

Florian Siegfried: seeking less risky business in mining M&A

Florian Siegfried, head of precious metals and mining investments with Zurich-based AgaNola, says there are small signs—fewer equities participating in the recent rally, greater spreads in the high-yield market—that the sentiment toward gold is changing.

Could gold equities bottom at 2008 credit crisis lows?

This is not a time to panic but continue to accumulate as the bear market may be reaching the final capitulation stage.

Precious metals to face more body blows

There is more downside ahead and bulls should continue to stand aside before a favorable buying opportunity emerges.

Rick Rule: I think we’re seeing a bullish transition In the junior gold miners

Speaking towards the overall market Rick noted that, “The market itself is very healthy. You are seeing a transition…a transition that doesn’t suggest, but rather screams that [junior resource issues are] under accumulation—which is a very, very bullish sign.”

I was early but I’m still buying: Frank Giustra

A few weeks ago, we heard from Pierre Lassonde of Franco-Nevada on the power of the royalty business model. Just recently, I spoke with another ‘superstar’ of the natural resource industry -- Frank Giustra.

Gold miners consolidate and hold support

Precious metals miners have successfully digested their sharp gains from early summer. The miners have continued to hold above key retracements as well as 200-day moving averages that are now sloping up.

The game of politics and why it is imperative to hold gold and silver

We are experiencing some very strange times. People are turning on one another over everything from race and religion to socio-economic status. Governments are waging wars against not just foreign governments, but their own citizens resulting in standoffs in suburban streets!

Will import taxes on solar panels hamper silvers ability to rally?

Investors are disillusioned by the inability of silver prices to rise to higher ground as silver enters its 4th year of looking anything but sparkling.

In the long-term, gold prices will make substantial gain

Under normal circumstances, the release of bad Growth Domestic Product (GDP) figures would have induced some selling in equities, but almost every time there is negative news, particularly in the US the stock market moves higher.

Connecting the dots

In this month’s Markets at a Glance, we present a collection of thoughts on why we think precious metals are a compelling investment now.

Precious metals moving closer to bottom

Though precious metals are rallying on the day we penn this, we expect more downside before a final bottom or at least before we’ll exit hedges and begin buying. Since the hard reversal in March […]

Potential catalyst for precious metals

Precious Metals continue to be in a long bottoming process that began last summer.

Streaming success: buying metals not mines

More small companies are cutting precious metal deals with sector giants to bankroll new projects without surrendering equity.