Tag: silver stocks

First Majestic Hitting Multi-Decade Support Level

| September 21, 2015 | Category: Stocks
First Majestic Hitting Multi-Decade Support Level

First Majestic could go lower from here but it has reached a fairly strong support level. The $3 level acted as both support and resistance during 2006 through 2010 and now price is testing that level again. The sliding parallel, see the dashed line on the chart below, provided support in November and December 2014 and price is testing that support level again.

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Time To Accumulate Stock Of Silver Stocks?

| February 6, 2014 | Category: Stocks
Time To Accumulate Stock Of Silver Stocks?

While we see it as a way of cutting through everything else, this shortened version of viewing a company from a purely results-oriented perspective, via reading a chart, should not be quickly dismissed. From this kind of look, one might more easily see the value in dismissing some of the stocks as buy candidates. Another important consideration: do not buy a stock because it is low, and you think it may rally and play “catch-up” with the rest of the market. There are very valid reasons why any stock is weaker, relative to other companies.

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Silver Stocks Are Incredible Bargains

| December 28, 2013 | Category: Stocks
Silver Stocks Are Incredible Bargains

If silver launches radically higher like we expect it to, there will no doubt be a stock-buying frenzy that should lead to great positive leverage. The producers will see their margins skyrocket, the developers will see the IRRs of their prospective operations increase, and the explorers will see the values of their undeveloped deposits soar. It won’t take long for investors to realize that the beaten-down silver stocks are incredible bargains. And the gains should be spectacular for those who get in early.

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Silver Wheaton Reports Excellent Results & Pays Out Quarterly Dividend

Silver Wheaton Reports Excellent Results & Pays Out Quarterly Dividend

Today Silver Wheaton Corporation declared its first quarterly cash dividend payment for 2013 of US$0.14 per common share. This dividend will be paid on April 2, 2013. This is good news for shareholders in that it is the highest quarterly dividend to date by SLW.

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How Bull Markets Evolve into Bubbles – How about the Gold Bull Market

How Bull Markets Evolve into Bubbles – How about the Gold Bull Market

There is a science to market movements and various trends because human nature is consistent over time. Bear markets follow a pattern as do bull markets. In recent weeks we’ve noted the similarities between the past four equity bull markets. They start off strong for six or seven years before slowing down over the next five years. Then they break to new highs and eventually accelerate into a bubble. As we show in this update, change in valuation explains how bull markets evolve into bubbles. The following chart shows the Nikkei (black) and its price to earnings ratio (blue). The chart comes from DailyWealth but the annotations are mine. In our opinion, […]

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The Dollar Confirms a Possible Silver Pullback

The Dollar Confirms a Possible Silver Pullback

“It was the best of times, it was the worst of times, it was the age of wisdom (for those who invest in gold) , it was the age of (central bank) foolishness, it was the epoch of belief (in Chinese growth) , it was the epoch of incredulity (in fiat money), it was the season of Light, it was the season of Darkness, it was the (Arab) spring of hope, it was the winter of (Syrian) despair.” With several of our own additions in parenthesis, these are the opening lines of the famous novel “A Tale of Two Cities,” by Charles Dickens whose 200th year birthday was celebrated around […]

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Mining Stocks and the Gold Price

SO WHEN might a rising Gold Price actually lead to rising stock prices for companies with quality projects and solid treasuries? In this interview with The Gold Report, Outstanding Investments editor Byron King shares his roadmap. The Gold Report: Byron, anyone who reads your reports knows two things: you like to tell stories and you like precious metals. The Gold Price has spent the last 11 years trending higher. Do you see it continuing upward? Byron King: I anticipate that gold, silver and platinum will all continue to rise in price. There are currency-driven reasons why metal prices are going to keep rising, as well as other issues with overall supply and falling production. In terms of production, […]

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Finding Fundamentals Key to Gold Investing

The market isn’t rewarding fundamentals just yet for precious metal miners, according to Byron King, editor of Daily Resource Hunter, Outstanding Investmentsand Energy & Scarcity Investor published by Agora Financial of Baltimore. But in this exclusive interview with The Gold Report, King maps out when rising gold prices will actually lead to rising stock prices for companies with quality projects and solid treasuries. COMPANIES MENTIONED: BARRICK GOLD CORP. – CARLISLE GOLDFIELDS LTD. – GOLDCORP INC. – IAMGOLD CORP. – MINEFINDERS CORP. – NEWMONT MINING CORP. – NOVAGOLD RESOURCES INC. – RESERVOIR MINERALS INC. The Gold Report: Byron, anyone who reads your reports knows two things: you like to tell stories and you like precious metals. The gold price has spent the last […]

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How to Find the Best Junior Gold Stocks

Speculating and investing in this sector is difficult. It is a far more difficult industry than others and that is why companies continue to struggle and fail even with the luxury of high metals prices. We’ve written extensively about the recent major bottom in the precious metals sector and the very positive outlook for the equities in 2012 and likely 2013. One can make money if they buy and hold a mutual fund or ETF but they can generate far superior performance with a basket of the right companies. The following explains what we look for in order to uncover the juniors that will deliver outstanding returns. Capital Structure Capital […]

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Gold Juniors Poised to Rebound

Economics and politics. Accretion and repletion. Mergers and acquisitions. Joe Mazumdar, senior mining analyst with Haywood Securities, sees all of these as catalysts for a rebound in the junior gold space in 2012. In this exclusive Gold Report interview, he reveals the names of companies he expects to take off. COMPANIES MENTIONED: BARRICK GOLD CORP. – CARPATHIAN GOLD INC. – GABRIEL RESOURCES LTD. – MIDAS GOLD CORP. – MIDWAY GOLD CORP. – NEWMONT MINING CORP. – ORVANA MINERALS CORP. – PRODIGY GOLD INC. – REVOLUTION RESOURCES CORP. – ROMARCO MINERALS INC. The Gold Report: What is the consensus among Haywood analysts on what 2012 will bring for mine commodities, particularly precious metals? Joe Mazumdar: Last year, risk aversion was a […]

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Local Top in Mining Stocks Might Be Just Around the Corner

Local Top in Mining Stocks Might Be Just Around the Corner

This December gold prices swooned by more than 10 per cent in their biggest monthly fall since the collapse of Lehman Brothers. For some insecure gold investors it was like a bad dream. They were happy to wake up to a bright, crisp January whose performance was more than enough to warm the heart of any gold investor. It was the metal’s strongest starting month in 32 years giving a resounding answer to those who wondered if the 11-year rally in gold had ended (and they always seem to come out of the woodwork every time gold experiences a correction.) Gold rose 11 percent in January, taking off like an […]

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Junior Gold Producers 2

Junior Gold Producers 2

It only took eleven years, but in 2011 global gold-mine production has finally returned to pre-bull levels.  In fact, with 2011’s volume expected to come in at around 88m ounces, we’ll see a new all-time production high.  The latest exploration-and-development cycle is finally starting to bear fruit! This fruit has been hard-earned though, as the miners have had to reverse the course of a brutal production decline that bottomed out in 2008.  Incredibly global gold production had fallen nearly 13% in five years from 2003’s high, to a level not seen since the mid-1990s.  And needless to say that painted quite an alarming fundamental picture considering demand was on the […]

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Mining Stocks Yet to Go Up Decisively

Mining Stocks Yet to Go Up Decisively

According to Goldman Sachs, gold provided the best returns of all commodities in the past five years when adjusted for volatility and says the rally will continue as options traders signal no change in the metal’s relatively low risk. The Bloomberg Riskless Return Ranking shows the Standard & Poor’s GSCI Gold Total Return Index produced a 6.5 percent risk- adjusted return in the five years that ended last week, the highest among 24 commodities tracked by S&P, data compiled by Bloomberg show. Silver, the next-best performer, yielded a risk-adjusted gain of 3.1 percent, while a total-return index for all raw materials slipped 0.2 percent. Goldman Sachs forecasts gold will reach […]

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Great Deals on Gold and Silver

Great Deals on Gold and Silver

GoldMoney Founder and Chairman James Turk knows how to find great deals on gold and silver. He claims that the 2012 bottom for gold came during the first week in January. If the year’s low is already history and if his projection that gold will hit the $2,000/oz mark within three months is on target, you do the math. “Gold is way too cheap,” he tells The Gold Report in this exclusive interview. The Gold Report: Given the volatile 2011 market and the fact that gold trades at seasonally lower prices in the summer, James, what led you to say you believe we’ve already hit the low for the gold price in 2012? […]

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