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Credit Markets Aren’t Buying It…
Checking the pulse of the global credit markets…..
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Checking the pulse of the global credit markets…..
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GDX declined by -0.41% while GDXJ declined by -0.44% and SIL declined by -0.38% Today’s best silver and gold stocks:
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Gold (GLD) is consolidating after hitting a two-week high. Investors are witnessing renewed strength in precious metals after the Fed announced the expansion of Operation Twist until at least the end of the year.
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GDX declined by -2.93% while GDXJ declined by -3.02% and SIL declined by -3.34% Today’s worst silver and gold stocks:
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GDX declined by -1.46% while GDXJ declined by – 1.00% and SIL declined by -1.74% Today’s best silver and gold stocks:
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Let’s start by stating that the title of this essay refers to the current situation on the gold market – not to the long-term fundamental picture.
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Major peaks in the gold market tend to follow major shifts in the monetary backdrop — from a high to a low monetary inflation rate — with a lag of more than two years.
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Keith Neumeyer, President and CEO of First Majestic said, “I would like to take this opportunity to personally welcome Silvermex….
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Huldra Silver Inc. (TSX-V:HDA) (“Huldra” or the “Company”) today announces that it has raised aggregate gross proceeds of $4,164,000 by way of a brokered private placement….
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By now, everyone has seen the chart of Homestake Mining and its bull market run from 1924 through 1935. Hence, there is no need to repost it. In this editorial, Frank Barbera shows a handful of charts of gold stocks and gold stock indices during the Depression era. US Gold producers apparently bottomed in 1929 … Continue reading