The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
Good News Not Good for Gold
|
Gold Newsletter
"...The problem is that, in a global market where supply and demand are as finely balanced as a spinning top, any slight upset in that balance can have a quite dramatic effect. While the top has yet to tumble, it has begun to wobble— and that has been enough to give us $135/barrel oil, so far. A Bullish Scenario For Gold Combine this energy dynamic with economic growth across the globe, plus exploding liquidity as the U.S. battles an economic slow- down and export economies fight for competitive currency advantages, and the result is a world where money is cheap and commodities are expensive. This is the environment that will continue to drive gold higher over the long term. But we must remember that over the short term the oil price spike holds great risk for gold and resource stock investors. The general economic malaise and uncertainty, of which oil is a prime factor, is currently supporting gold. But with physical gold demand dwindling away due to the season and high prices, and with the Fed unlikely to pursue further rate cuts, any bout of good news will send the yellow metal reeling." (6/08) |
PRINT THIS PAGE
EMAIL THIS PAGE
Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"We expect PGLC's Relief Canyon site to be meaningfully advanced in 2016." (12/16/15) Pershing Gold Corp. - Heiko Ihle, Rodman & Renshaw More >
"ICG continues to stand out as one of the most active junior exploration companies globally." (12/9/15) Integra Gold Corp. - Michael Gray, Macquarie Equity Research More >
"We are initiating coverage on NMI with a Buy rating." (12/9/15) Newmarket Gold Inc. - Heiko Ihle, Rodman & Renshaw More >
"TV's mill throughput was up 19% MOM; zinc recovery improved by 9%." (12/9/15) Trevali Mining Corp. - Joseph Gallucci, More >
"THO pays a good dividend and produces at the lowest quartile costs." (12/9/15) Tahoe Resources Inc. - Gwen Preston, Resource Maven More >