SOURCE:[The Gold Report] - Gold and moneyAs much as we'd all like significantly higher silver and gold prices, Chris Thompson of Raymond James doesn't expect them. The good news, he argues, is that the relative stability now characterizing the market permits investors to make informed decisions about which companies can build value and demonstrate cash flows at today's prices. In this interview with... [Read more...]
SOURCE: [Reuters.com] SINGAPORE, July 21 - Gold steadied above the $1,300 an ounce support level on Monday, aided by anticipation of increased geopolitical risks as the United States began demanding answers from Russia after a Malaysian plane was downed in eastern Ukraine.
Spot gold was little changed at $1,311.00 an ounce by 0621 GMT, after dropping 0.5 percent on Friday. Trading volumes were thin... [Read more...]
SOURCE: [The Gold Report] An upward trend is afoot in the silver space, says Sean Rakhimov, editor of SilversStrategies.com. Rakhimov believes that at $26/ounce the reversal of the downward trend in silver will be confirmed and silver investors should set their sights on the next resistance level—$32/ounce. And if that threshold is breached, silver will test $50/ounce and more. In this interview... [Read more...]
SOURCE: [The Gold Report]- The Gold Report: Given how troubled the junior gold space has been since 2011, why should investors continue to place their money there rather than the Dow Jones Industrials, which go from strength to strength?
Lawrence Roulston: The simple answer is that there are extraordinary bargains to be had in the junior resource space right now. We're seeing a bifurcation in the sector... [Read more...]
SOURCE: [The Gold Report]- The Mining Report: Brent, you've predicted that the summer of 2014 will be a great dust bowl for junior mining investors. Why so bleak?
Brent Cook: The junior mining sector has lots of issues to work through. The major mining companies have even bigger issues to work through, starting with the inability to show a profit over an extended period of time. Investors are disappointed... [Read more...]
SOURCE: [Mining.com]- U.S. Global Investors recently welcomed Doug Peta, an economist from BCA research, to our offices. He presented some interesting research regarding the Fed Funds Rate Cycle, and in turn, what that research could mean for gold. I wanted to share points from his presentation, as well as our own in-house research, to help you understand the positivity we see for the precious metal... [Read more...]