Is the current price of gold presenting an opportunity within the junior mining space? In August 2020, the price of gold reached an all-time high of ~US$2,067 per ounce. Since then, the precious metal has been on a bit of a tilt but began to rebound around March of this year. Gold Spot Price 5-year […]
Last week, the TSX Venture had one of its biggest rallies of the year, soaring ~9.5% from approximately 678 to roughly 742. While gold played a significant role in the TSX Venture’s recent recovery (the price of gold rose ~4.2% from US$1,866.40 US$1,944.94 in the same timeframe), increased demand for global equities certainly didn’t hurt. […]
After pushing into uncharted territory above US$2,000 an ounce, gold faced significant selling pressure last week, closing as low as US$1,921.16. While many were expecting a retraction of some kind in the price of gold, investors witnessed a bizarre twist before the week was over; Warren Buffet’s Berkshire Hathway Inc. disclosed on Friday it had […]
In today’s world of record monetary stimulus and inconceivable deficits, investors are rushing to the safety of gold. Gold producers, including Barrick Gold and Kinross Gold hit 52-week highs this past week. The extreme monetary and fiscal measures recently enacted by the Federal Reserve and U.S. government are fuelling demand for an alternative to the […]
Just an hour ago I was quoted $21.86 to buy one ounce Silver Eagle coins – a near $8 premium! People are scrambling to buy what gold and silver is available as central banks unleash trillions in new currency to stave off a depression. Max Keiser and Stacy Herbert are back to discuss the end […]
Tensions in the Middle East are running high again. Despite a labour market at full employment, the US ran a deficit in 2019 that topped $1 trillion for the first time since 2012. Interest rates across much of the world remain near historic lows. The Fed has increased its balance sheet by roughly $400 billion […]
Donald Trump is already emerging as the Inflation President… […]