Catching A Ride on the Gold Express

Source: The Sydney Morning Herald (10/6/07)

Gold's strength heralds further gains for physical gold and for shares of mining companies, many analysts and fund managers predict.

The precious metal thrives in times of uncertainty, but there's no certainty about when that is. Conrad De Aenlle explains.

Gold is supposed to be a destination for scared money but as the credit crunch intensified last month this presumed haven lost value along with many other assets. Only after the worst of the crisis had passed did traders return to gold, sending its price sharply higher.

The metal has gained about $US80 ($90) an ounce, or 12 per cent, since mid-August, about the time the sharemarket reached a trough.

This strength heralds further gains for physical gold and for shares of mining companies, many analysts and fund managers predict. They offer a variety of reasons, ranging from a desire to hedge against a falling dollar, a weaker economy or geopolitical instability, to a conventional, Econ 101 imbalance of supply and demand.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."