TSX Venture Trades Through 900 – Records Highest Close Since 2014

TSX Venture liquidity and volume soar

The TSX Venture cleared 900 again in early trading Wednesday. The exchange put in an epic run in 2020 and shows no signs of slowing down this year. What continues to stand out to me is the number of sectors heating up and the increased liquidity. Take a look at the Venture over the past […]

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CitiGroup $2,500 Gold Forecast for 2021

Citi forecasts $2,500 gold price in 2021

The gold price and related equities remain under pressure as 2020 comes to a close. It remains a frustrating period for many investors, despite the necessary consolidation taking place in precious metals. A perfect storm of epic stimulus and inflation fears took gold to record highs in 2020; now, many investors and speculators are concerned […]

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Once Called a Joke and Even a Scam

mysterious man buying bitcoin

After years of being overlooked (and in some cases, even mocked), Bitcoin finally appears to be finding its place in the financial world. The world’s most popular cryptocurrency hit a new all-time high around US$19,892 this Monday (nearly 3 years since its last peak), leading many in the financial community to re-examine Bitcoin and its […]

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The Gold Market Catalyst No One’s Talking About

While gold investors wait with bated breath to see what the U.S. Federal Reserve and/or Congress does next, few are paying attention to the other institutions capable of influencing the precious metal’s trajectory: the central banks of emerging markets. As a collective, emerging markets are an economic powerhouse. The Ashmore Group, a specialist Emerging Markets […]

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Trump Could Be Done if this Doesn’t Happen ASAP

White House

The U.S. dollar may soon resume its decline, pushing gold and U.S. equities back to record levels. A negative correlation between the U.S. dollar and U.S. equities may influence the coming US Presidential election. As Ray Dalio poignantly explains in his book, “Principles for Navigating Big Debt Crises,” “…prolonged monetization will lead people to question […]

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Will the Market Correction Continue?

tech stocks under pressure

According to Lyn Alden, “Equities by most metrics are very expensive. But, actually compared to Treasury yields, they’re not that expensive at all.” Tuesday was another frightening one for speculators long tech stocks on the Nasdaq, which fell 4%. As the markets continue to crater, some investors are hiding in the relative safety of gold. […]

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Gold Miners Have a Big Problem

Many years from now, investors will talk about the bull market for gold miners that began in 2019/2020. They will reminisce about the premiums major miners paid for previously unknown juniors; and how historic stimulus and money printing took the precious metal to all-time highs. Of course, they’ll also talk about who got rich and […]

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Bank of America Forecasting $3,000 Gold

Francisco Blanch predicts gold will trade to $3,000

“Central bank balance sheets are going to double. Fiscal deficits are going to double. And, we are going to find ourselves with a lot of debt, being effectively socialized.” – Francisco Blanch, Bank of America’s head of commodities and derivatives research Way back in April, Bank of America Corp. raised its 18-month gold-price target to […]

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The Fed is Winning the Confidence Game, Again

Last weekend we outlined the high-stakes confidence game the Fed is dominating. Stocks are surging, real estate prices are stable, and people are going back to work by the millions. All and all, the news cycle is positive. Valuations are up, and the forward-looking stock market is forecasting sunny skies. While the environment today is […]

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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. While I will go into more […]

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