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>
Gold and Gold Stocks Still in Uptrend Relative to S&P
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Deliberations on World Markets (12/10/2008)
The October lows on gold mining stocks held when the S&P 500 made lower lows in November. . .that’s encouraging. The last 13 weeks captured the bulk of the deflationary crash in so many areas. . .the S&P was down 29%, the CRB Commodity Index was down 43%, but gold was only down 7%. Gold did its job, preserving purchasing power better than most alternatives in a deflationary crash. The inflationary seeds now being planted by all the bailout measures should make the other side of the valley very robust for gold and its miners once it gets here. I’m getting more bullish on gold, gold miners and even silver in anticipation that the recent Dollar rebound may be mostly done on the upside, and I suspect the precious metals arena will be a leader in recognizing the hyperinflationary risks that will stem from everything Washington is doing to fight the deflationary wave. |
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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>

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