Own Gold Stocks?

Between March 2009 and April 2011, the TSX Venture was the best performing stock exchange in the world, largely due to its heavy weighting towards the mining sector. During this 25 month period, gold rallied and the U.S. dollar fell, causing the value of gold in the ground to soar and junior gold miners to […]

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Risk-On Trade Returns as CSE and TSXV Breakout

risk-on comes back to the junior markets

Weed stocks and gold stocks continue to lead the surge in Canadian equity markets. We see a reversal of sentiment as the ‘risk-on’ attitude comes back to the market. The TSX Venture was up a massive 3% Monday as gold stocks lifted the exchange higher. The GDXJ was up 4.5% to over $48 as investors […]

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Gold Equities Soar as TSXV and CSE Rebound

gold equities rise

Gold and marijuana stocks went ballistic Friday. With the curve flattening in most countries and unimaginable monetary stimulus and government support, equities and confidence is stabilizing. The largest benefactor to date is gold and gold equities, which are in an indisputable bull market with both trading at multi-year highs. From the GDX which hit a […]

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Gold Stocks Power TSX Venture Higher

gold stocks are moving higher

The most battered and beaten down exchange of them all, the TSX Venture is on the rebound. Unlike the TSX, Canada’s largest exchange, the TSX Venture has few oil and gas-related companies. Led by gold miners and explorers, the exchange is benefitting from the fact that more than half of its listed issuers are mining-related; […]

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Has the Fed Gone Too Far?

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 […]

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Is Gold Heading to $10,000 Before We Win WWIII?

negative real interest rates are driving gold prices

Frank Holmes, CEO of U.S. Global Investors, is predicting gold’s rally has just begun. He warns investors that between the Fed and U.S. government, $10 trillion in spending is about to push gold to record high prices. Holmes compares the current pandemic to World War III, but muses negative real interest rates will push gold […]

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Record Stimulus and Deficits to Drive Gold in 2020

No asset influences the global markets more than the U.S. dollar, the world reserve currency. It’s held this hegemonic status for decades, dominating global commerce while serving as a constant reminder of America’s unparalleled economic, military, and political strength. Now, it appears that the only way to save the U.S. economy is by crushing the […]

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The Greatest Safe Haven

gold is the ultimate safe haven

The debate over whether or not gold is a safe haven should be over. While stocks give investors whiplash, amidst the ongoing Covid-19 pandemic, gold continues to shine. The Federal Reserve and the U.S. government are preparing to deliver trillions in bailout spending. As the buyer of last resort, the Fed is ushering in a […]

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TSX Venture Implodes – Falls 6% in Two Days

tsx venture and cse crash

The TSX Venture is in free fall as investors move to cash, and the coronavirus spreads. The risk trade is off until a massive new stimulus bill passes or the coronavirus appears to be contained. Even a new stimulus package may not have the desired effect. Not to bet against the Fed or any central […]

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US Dollar and Gold Rise in Tandem

gold and silver stocks

The world’s most famous precious metal rallied to a 7-year high last week – touching as high as $1,649 per ounce on Friday. At the same time, the US Dollar Index is trading near a 17-year high. Simultaneous strength of the US dollar and gold is a modern day monetary phenomenon. US Dollar Index Soars […]

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