Bill Powers of Mining Stock Education invited me on to discuss my outlook for gold, silver and the mining stocks, including some of my favorite stocks right now.
An early signal of the relative strength in gold stocks will be GDX breaking out relative to Gold, which may occur before Gold makes a new all-time high. In other words, gold stocks could make new highs before Gold.
Gold had another solid week, trading up in the mid-$1890's relative to $1,875/oz, as the close of last week. It has become apparent the summer is upon us as news flow has lessened......
The mining stocks remain historically undervalued in relation to the money supply and relative to the prices of gold and silver even after the 30% move since early March.
Endeavour Silver completed its turnaround in 2020 relative to just a couple of years ago, increasing production from its operating mines, extending the mine life at its operations, reducing costs, and advancing its flagship asset..............
Gold and the mining equities had a good week with gold up nicely since the close last Friday and the mining stocks as seen through the XAU. Silver was relatively flat, but both metals want to move higher..........
“Over the past 12 months we have significantly strengthened our in-country management and operating team as we responsibly execute our business strategy..
Even the second most heavily doctored economic data set can't mask surging consumer price inflation. Earnings season continues to impress, though inflation has started to show itself via input cost pressures.
