Gold tailwinds now much stronger than its headwinds
(Kitco commentary) - After an unprecedented run of seven consecutive monthly losses in Gold Futures, November has begun with a strong two-week upside reversal of $170 amid growing expectations that the Fed is edging closer to a potential pivot away from aggressive interest rate hikes.
M&A heats up as gold miners carve out a significant bottom
(Kitco commentary) - In a sector where investor confidence has been extremely low for the past several months, mining companies have begun to re-kindle efforts to explore alliances and partnerships to bring promising projects online and share the risk between parties.
Central banks bring more volatility into the gold space
(Kitco commentary) - On Wednesday, the Federal Open Market Committee (FOMC) announced it will raise rates by 75 basis-points as the markets had anticipated, which is the highest level since January 2008 at 3.75%-4%.
Site visit report - Vizsla Silver's high-grade Panuco project
(Kitco commentary) - Vizsla Silver (VZLA, VZLA.V) is a relatively new early-stage silver explorer that has recently up-listed to the NYSE AMEX. In 2019, Vizsla made a bold move to lock up a large portion of a historic mining district in Sinaloa State, Mexico.
Site visit report - Discovery Silver's massive Cordero project
(Kitco commentary) - In August 2019, Discovery Silver (DSVSF, DSV.V) , then known as Discovery Metals, announced the acquisition of Levon Resources and became the 100% owner of the Cordero Project.
Silver stocks leading after gold bear trap reversal
(Kitco commentary) - With market focus having mostly been on the Federal Reserve in recent weeks, a banking crisis in Europe began to shake things up heading into quarter-end last week.
Gold price action hints of a brewing stock market crash
(Kitco commentary) - Gold has had a tumultuous year to say the least. The safe-haven metal soared above long-term resistance at $2000 per ounce briefly in March after Russia began its military occupation in Ukraine, then sank below long-term support at $1700 this week as the Fed toughened its approach to repressing the highest inflation experienced in over 40 years.
The gold stock seven year bottoming cycle
(Kitco commentary) - There were fortunes made by contrarian speculators that began to accumulate a basket of high-risk/reward quality precious metals junior stocks, just as significantly undervalued and oversold mining space situations appeared in 2001, 2008, and 2015.
Bombed out junior miners creating an accumulative bottom
(Kitco commentary) - With a blistering short-covering rally in the gold complex taking place heading into this week, the positive impact of less-hawkish Federal Reserve comments faded while investors waited for more signs on the data front.
Peak Fed hawkishness sparks gold short squeeze
(Kitco commentary) - As telegraphed in this space last week, the gold complex was set up for a sharp move heading into this week's Federal Open Market Committee (FOMC) meeting results.
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