The Gold Report
The Bank Credit Analyst has found that global portfolio investment flows are continuing to flow towards those equities, commodities and currencies that are farthest from the US housing market, i.e. farthest away from the epicenter of global economic weakness.
As such, while the so-called "go global" theme may be a well-worn metric for some investors, it's a theme that continues to dominate. Emerging market equities, on indices maintained by Morgan Stanley Capital International, and others, continue to hit new highs. Seen beyond short-term gyrations, the dollar continues its steady downtrend, confirming an ongoing protracted bear market that's been in place since late 2001...
Within the global resources sector, however, stock price performance has varied widely. Large diversified resources stocks ...currently rank as the world's top performing class of stocks, followed by oil and gas, and Tier I gold stocks. The large diversified resources stocks are attracting top dollar, based on expectations for price increases in seaborne iron ore, along with recent price moves in gold bullion, platinum, copper, lead, zinc, and even nickel.
Notable Quotes
"GRG outlined ~110 Moz Ag eq at Chinchillas, and it has barely scratched the surface." (6/17/13) Golden Arrow Resources Corp. - The Gold Report Interview with Jay Taylor More >
"AVA's grades are around 1 g/t, with lots of exploration potential." (6/17/13) Aurvista Gold Corp. - The Gold Report Interview with Jay Taylor More >
"We saw insider buying in DGC, which has gone to the capital markets to raise money." (6/14/13) Detour Gold Corp. - The Gold Report Interview with Ted Dixon More >
"The potential for the court to award RPM either the LH claims outright or give it some substantial settlement make it a company to watch." (6/1/13) Rye Patch Gold Corp. - Brien Lundin, Gold Newsletter (Jefferson Financial) More >
"For a junior, CYD offers a lot to like, including a good share structure and money in the bank." (6/12/13) Cayden Resources Inc. - The Gold Report Interview with Brien Lundin More >
Constructive Stock Strategies Drive Investors Toward Metals
Source: Mineweb.com (10/5/07)
The large diversified resources stocks are attracting top dollar, based on expectations for price increases in seaborne iron ore, along with recent price moves in gold bullion, platinum, copper, lead, zinc, and even nickel.
More Experts
"GUY has a robust project, advanced permitting and manageable capital requirements in a mining friendly jurisdiction." (6/7/13) Guyana Goldfields Inc. - Brad Humphrey, Raymond James More >
"MND's higher grades and improving operating performance offer near-term production growth at reduced operating costs." (6/6/13) Mandalay Resources Corp. - Chris Thompson, Raymond James More >
"SSO is well positioned to be a consolidator of silver assets." (6/10/13) Silver Standard Resources Inc. - The Gold Report Interview with Keith Phillips More >
"NRE is into the heaviest and rarest of the rare earths; I'll almost surely buy after the metallurgical report is out." (6/4/13) Namibia Rare Earths Inc. - Thom Calandra, The Calandra Report More >
"BTO is a great mid-cap, higher-grade company that performs well." (6/7/13) B2Gold Corp. - The Gold Report Interview with Frank Holmes and Brian Hicks More >