Grandich discusses the Gold bull markets of 2010 vs. 2023 and the $2,500 gold target. When stock investors recognize the potential, precious metals and related shares could soar into the ionosphere.
Market analyst Ted Butler today reports "stunning" increases in the monetary metals derivatives positions of JPMorgan, Chase Bank, and Bank of America.
The President and CEO of Fortuna Silver, Jorge Ganoza, discusses with me the company's five-country, and now, five gold-silver mining operations including the Séguéla Gold Project in West Africa.
When will the rampaging bull run out of steam? A good question, considering how Wall Street has been flouting a slew of good reasons for the broad averages to be at multiyear lows rather than revving up for a shot at new record highs.
Energy, golds and metals continue to drag but they also appear to be the most compelling to own as the focus remains on the soaring high tech/AI stocks.
Obviously the yellow metal is doing donuts. ‘Round and ’round goes Gold without going anywhere. For a fourth consecutive week, the 1986-1955 range (by the current August contract) was therein traded.
There will be a minimum 6.5 million-ton copper shortfall at the start of the next decade, a substantial output gap that the mining industry has to address with new copper mines.
The fundamentals for the U.S. currency are steadily deteriorating. The world is moving toward alternatives, including gold. And that move threatens the dollar's status as world reserve currency.
Gold is on the cusp of a major breakout today, although it does not appear imminent. The last time Gold was on the cusp of a major breakout from a multi-decade base to...