Dave Skarica provides Macro-Market Update

May 18, 2013

Dave Skarica comments on the markets....

David McAlvany: As a contrarian, the sentiment today (in Gold) is perfect

May 18, 2013

We discuss the markets with David McAlvany....

Bullish Picture for the USD and Stocks and Its Implications for Gold and Silver

May 18, 2013

The latest World Gold Council Gold Demand Trends report shows that the gold market is driven by diverse global demand, and the appetite for owning gold jewelry, bars and coins continues to grow.

Pension Funds “Selling Gold ETFs”, Dollar Weakness Seen Offering “Only Hope” Short Term

May 18, 2013

GOLD PRICES failed to hold a rally above $1380 per ounce in London on Friday morning, trading 5% down for the week as world stock markets held steady.

Corvus Gold Secures Electrical Power at the North Bullfrog Project, Nevada, Announces Director Departure

May 17, 2013

Carl Brechtel, COO of Corvus, stated: “An adequate and economical power source is a key infrastructural component to this project which already has excellent access....

Soros Reports Over $239mm In Gold Positions, Buys $25mm In Call Options On Juniors

May 16, 2013

Bull Market Thinking Reports: A breakdown of the 13-F data indicates that during the first quarter, the Soros Fund: 1. Maintained a $32mm stake in individual miners. 2. Added a staggering1.1 million shares of GDX to its holdings, at a reported price of $37.84 per share. Total...

First Majestic Reports First Quarter Earnings of $26.5 million on Revenues of $67.1 million

May 15, 2013

Silver equivalent ounces produced increased by 36% to 2,731,792 ounces compared to 2,007,219 ounces in Q1 2012...

Comparing long-term gold-mining bull markets

May 15, 2013

The last long-term bull market in gold-mining stocks, which ran from the early-1960s through to 1980, occurred in parallel with a major upward trend in interest rates, a steady undercurrent of "inflation" fear, and the occasional dramatic "inflation" scare.

Stronger Dollar Means Gold “Has Lost Safe Haven Appeal”, But Sentiment “Has Turned Positive” in India

May 15, 2013

SPOT GOLD fell towards three-week lows Tuesday, dropping as low as $1423 per ounce, as the Euro also fell against the Dollar after comments from those attending today's Eurozone finance ministers' meeting appeared to show disagreement over the creation...

Argonaut Gold Announces 1st Quarter 2013 Revenue of $43.1M and Net Income of $11.6M

May 14, 2013

2013 will see a substantial investment in both the El Castillo and La Colorada operations as we bring forward our capital expansion programs....