The major royalty firms (Franco, Silver Wheaton Corp., Royal Gold Inc. and Sandstorm) have become an increasingly crucial source of capital….
Lack of investor interest leaves miners in the lurch, with hundreds of juniors struggling to survive…
The credit cycle that normally drives advanced economies through boom and bust is turning out to be different this time round
Gold’s annualised performance worst since 1982 bear market!….
March 16, 2014Inflationbanks, business lending, carry trade, inflation
From last Friday’s close at $1322, gold opened strongly on Monday trading, as high as $1355 before losing two thirds of the rise on Tuesday.
In our most recent article on gold, USD and Euro Indices we wrote that the outlook for the yellow metal was bearish just as the outlook for the Euro Index and just as it was bullish for the USD Index.
Starting at $1,286 on Monday gold continued with the momentum of last Friday’s fall, bottoming out on Tuesday at $1,261 in US trading.
TICKERS: EXN; EXLLF, PEM, SVB; SVBL, TV; TREVF Source: Brian Sylvester of The Gold Report (8/28/13) PureFunds has a simple strategy: Be first in the market with innovative exchange-traded funds. Andrew Chanin, PureFunds’ co-founder and COO, describes the firm’s ISE Junior Silver ETF and the factors that make a “leveraged play to the actual spot price of … Continue reading “Follow the Beta Plays with Junior Silver Miners: PureFunds’ Andrew Chanin”
Last week was very disappointing for those who had previously been long precious metals and very profitable for precious metals bears. A lot happened after the FOMC meeting and the Federal Reserve Chairman’s statement on June 19, 2013.