Tag: gold mining shares
-
Gold Mining Company Buscar Provides Update on Plan of Operations
DENVER, Oct. 7, 2020 /PRNewswire/ — Buscar Company (CGLD) provided an update today on the company’s Plan of Operations filed with the US Forest Service in July of this year. CEO Alex Dekhtyar stated, “We are pleased with the progress being made at Treasure Canyon and we look forward to ramping up our operations once the Plan of Operations is approved…
-
Annual World Exploration Trends report reveals global mining exploration recovering from 2016 low
[box]S&P Global Market Intelligence reports a 21% decline in worldwide nonferrous metals exploration budgets in 2016, but activity increased as the year progressed.[/box] HALIFAX, Nova Scotia, March 6, 2017 /PRNewswire/ — S&P Global Market Intelligence, a leading provider of multi-asset class research data and insights, revealed findings from the latest World Exploration Trends (WET) report, which…
-
Silver Prices May Decline Until June
Q: Do you expect silver prices to decline into June along with gold? A: Yes but not exactly or at the same time. The price pattern will vary along with the timing Q: What does Jim Rogers expect for Silver Prices? A: Jim Rogers claims to be one of the worst market timers. Q: Do…
-
What does Michael Belkin think about gold mining shares now?
Q: What does Michael Belkin think about gold mining shares now? A: He thinks we are at or near the low for this first pullback in an ongoing bull market that started one year ago. He expects much higher prices. Michael Belkin on King World News Q: Please connect this back to the five dimension…
-
World’s Largest Gold Mining Company
Q: I see that ABX, the world’s largest gold mining company by sales, has doubled in share price from its low four and a half months ago. What do you make of that? Have we missed the low? A: Maybe for ABX. Gold share prices do not all bottom at the same time; they never…
-
Gold Market Speculation
Q: I understand why you don’t make predictions: it is unnecessary and ineffective. You only need to know that the low for the gold market happened when it happens. And, you don’t want to divide your attention unnecessarily as that decreases the quality of your analysis. These are all very good reasons. However, you have…
-
Criteria for calling the low in gold
Q: How do divergences relate to the four criteria for calling the low in gold? A: They don’t make the top four list but they’re helpful for refining the analysis. Take a look at bigcharts.marketwatch.com. Junior silver mining shares represented by this index have taken a huge plunge over the last 15 trading days. Silver…
-
Gold investment sentiment indicators
Q: Thank you for the explanation of the criteria for inclusion in the short list. You have previously indicated four criteria for calling the low in the gold market. Could we review and expand upon that. Is gold investment a bad idea? You have also indicated that there are three level of understanding this: mental,…
-
Why Gold Bullion and Gold Shares Diverge
Q: Why do price and wave pattern often diverge between gold bullion and gold shares? A: Different market participants trade in the gold bullion verses the shares. They respond differently to market conditions based on different needs, perceptions, and subjective judgements. In gold mining shares, there is no central bank intervention. In the bullion market,…