Gold & Silver

Since the start of the year, gold prices have surged over 21%, reaching US$2,508 per ounce. Key drivers include increased central bank purchases, geopolitical tensions, expectations of U.S. interest rate cuts, and persistent inflation. These factors have created a favourable environment for gold, benefiting mining companies with substantial gold resources. This article examines the leading gold producers—Newmont, Barrick, AngloGold Ashanti, Agnico Eagle, Gold Fields, and Kinross Gold—highlighting their key assets and strategic positioning in this bullish market.

Silver is on the verge of commencing a massive unprecedented bull market which will “officially” kick off with it breaking above the key $30 level...and this could happen very soon. Gold’s massive unprecedented bull market has already begun and where gold leads, silver will follow.

..Many investors are unaware of the magnitude of the upleg that has begun in physical gold so the purpose of this update is to make it crystal clear why it is destined to be massive, for both fundamental and technical reasons.

Central banks like gold because the metal is expected to hold its value through turbulent times and, unlike currencies and bonds, it does not rely on any issuer or government. It also enables central banks to diversify away from assets like US Treasuries and the dollar.

Over the past five years, gold and gold-related ETFs have experienced significant fluctuations due to economic events, changing interest rates, and shifting market sentiment. This article reviews the performance of gold, the SPDR Gold Trust (GLD), VanEck Gold Miners ETF (GDX), and VanEck Junior Gold Miners ETF (GDXJ). Gold rose by over 60%, while GLD closely mirrored this increase. In contrast, GDX and GDXJ significantly underperformed, with GDX up only 30% and GDXJ up just 12%. This analysis highlights the varying risks and returns associated with different gold-related investments.

According to the New York Times, "When the Eiffel Tower underwent renovations in the 20th century, they preserved pieces of the original iron and kept them in storage. Those chunks make up the hexagon figure in the middle of the Olympic gold medal."

Is the current U.S. stock market, and global economy, approaching a Minsky Moment? If so, how would precious metals such as gold and silver react in the aftermath of such a collapse?

When trouble really hits the fan, everything slides together and, most times, that includes gold but....

On Monday, major U.S. stock indexes experienced their most significant decline since 2022. The S&P 500 fell by approximately 3%, while the NASDAQ dropped over 6%. As investors navigate through the current financial turbulence, attention is increasingly turning towards assets that can provide stability amidst uncertainty. Silver, historically known as a safe haven during economic downturns, is garnering interest due to its potential to hedge against market volatility.

This article investigates how global mining companies, traditionally known for other metals, are strategically positioned to capitalize on rising silver prices. It highlights the significant yet often overlooked role these firms play in the silver industry, beyond their primary metal focus. We examine key players like Fresnillo, KGHM, and Southern Copper, revealing their contributions to the silver market.