Gold-stock triple breakout

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The beleaguered gold stocks are recovering from their late-summer capitulation, enjoying a solid young upleg as investors gradually return. Their buying has pushed the leading gold-stock ETF near a major triple breakout technically. That event should really boost capital inflows into this sector, accelerating the rally. A major gold and gold-stock buying catalyst is likely… Read More

This Market Will Drive Gold in 2019…

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      If we want to know where Gold is going we should follow Gold. Right? How about following gold stocks? At times, they lead Gold. What about the US Dollar? Wrong! In 2019, one market more than any other will impact Gold. That is the stock market. History argues (within the current context)… Read More

Hardrock gold project greenlighted by Canada’s Environment Minister

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Canada’s Minister of Environment and Climate Change, Catherine McKenna, said this week that, if mitigation measures are taken, Greenstone Gold Mines’ Hardrock gold project is not likely to cause significant adverse environmental effects. The project consists of the construction, operation, decommissioning, and abandonment of an open pit gold mine and onsite metal mill located near… Read More

Barrick ups investment in Reunion Gold, hopes for big payoff in Guiana

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Canada’s Barrick Gold (TSX, NYSE:ABX), the world’s top bullion producer by volume, is acquiring 12,600,000 common shares of fellow junior miner Reunion Gold Corporation (TSX-V:RGD), which has interests in four different projects in South America’s North Atlantic coast. The Toronto-based company, which already owns 15% of Reunion, said the fresh $2.27-million investment leaves its stake in the Quebec-based miner… Read More

Free Gold Will Kill The Paper Gold Casino

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By Egon von Greyerz – December 14, 2018 We are now in the very final stages of the most remarkable era of alchemy in the history of finance. This cycle started in 1913 with the creation of the Fed and had its death knell in 1971 when Nixon took away the gold backing of the… Read More

Kirkland Lake drills high grade extensions at Fosterville

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Kirkland Lake Gold (TSX: KL; NYSE; KL) has drilled high grade and visible gold mineralization on the down plunge extensions of the Swan zone at its Fosterville gold mine in Victoria, Australia. The company says results from 47 new drill holes totaling more than 17,000 metres of underground drilling outside the current measured and indicated Swan… Read More

OK2 buys three mines in Scandinavia

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OK2 Minerals (TSXV: OK) entered into an arms-length definitive agreement with EMX Royalty (TSXV: EMX) to acquire the past-producing Bleikvassli Cu-Zn-Ag-Pb-Au Mine, and the Sagvoll and Meråker Zn-Cu projects, all located in Norway, as well as the advanced-stage Bastuträsk Zn-Cu-Au project in Sweden. In a press release, the Vancouver-based miner said that together with the… Read More

Gold – A Perfect Storm For 2019

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This article is an overview of the principal factors likely to drive the gold price in 2019. It looks at the global factors that have developed in 2018 for both gold and the dollar, how geopolitics are likely to evolve, the economic outlook and how it is worsened for the dollar by President Trump’s tariff… Read More

Minera Alamos gets funding for Mexican gold project

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Minera Alamos (TSXV: MAI) just obtained $2 million of early funding in connection with a royalty agreement through the execution of a secured senior convertible-to-loan agreement with Osisko Gold Royalties (TSX: OR). In a media statement, the Toronto-based miner said the loan may be converted into a 1% NSR on the La Fortuna gold project… Read More