The Gold Report
During the past ten days, gold bullion in dollar terms has broken out of trading ranges and held, so far, above $700 an ounce. Gold stocks, however, have considerably lagged the ascendancy of bullion prices, suggesting that investors are continuing to absorb the veracity of the apparent changes in gold fundamentals.
In an analysis of the outlook for gold and other precious metals, the authoritative Bank Credit Analyst has identified several positive factors indicating that gold's bull trend will continue. For one, the precious metals complex, and not just gold, is seen as sniffing out more plentiful liquidity conditions.
Real interest rates are set to fall in the US, both in absolute terms and relative to the rest of the world, in the wake of the US housing debacle. This is seen as spurring a "flood of liquidity" likely to drive up gold prices as investors and central banks search for alternatives to paper currencies.
Notable Quotes
"TMM is a favorite; it just had another record-breaking quarter." (5/24/13) Timmins Gold Corp. - The Gold Report Interview with Ivan Lo More >
"We are comfortable with CSI's ability to begin pouring gold by Q4/13." (5/16/13) Colossus Minerals Inc. - Joseph Fazzini, Dundee Securities More >
"BTO reported solid Q1/13 results; its balance sheet remains strong." (5/16/13) B2Gold Corp. - Morning Coffee More >
"The bankable feasibility study results on SGC's Asmara are positive." (5/16/13) Sunridge Gold Corp. - Adam Lucas, Ocean Equities More >
"Free cash flow at AR should be stronger in H2/13 as production ramps up at La Colorada." (5/15/13) Argonaut Gold Inc. - Christos Doulis, Stonecap Securities More >
Gold: A Genuine Bull Market with a Continuing Upside
Source: Mineweb.com (9/14/07)
In an analysis of the outlook for gold and other precious metals, the authoritative Bank Credit Analyst has identified several positive factors indicating that gold's bull trend will continue.
More Experts
"MND's Costerfield delivered another solid quarter across all metrics." (5/15/13) Mandalay Resources Corp. - Benjamin Asuncion, Haywood Securities More >
"We favor SVL as it continues in 2013 with strong production numbers." (5/15/13) SilverCrest Mines Inc. - Philip Ker, PI Financial More >
"Drilling the remaining strike length could more than double INM's La Cigarra resource." (5/22/13) International Northair Mines Ltd. - The Gold Report Interview with Maria Smirnova More >
"BAR's Bug Lake zone has grown by 350m and remains open." (5/14/13) Balmoral Resources Ltd. - Erik Bermel, M Partners More >
"ROG's Burkina Faso deposit will be easy to mine, inexpensive to build and very profitable." (5/20/13) Roxgold Inc. - The Gold Report Interview with Brent Cook More >