Capital Group Believes in Gold Back in March, investors were curious when Agnico Eagle’s chief officer, Sean Boyd, announced the company had landed “an important new strategic institutional investor” and sold $220 million of stock to a single, unnamed backer in a private placement. Mr. Boyd apparently spent three […]
When you look back through history, it becomes very apparent that junior mining stocks fluctuate between extreme boom and bust cycles. In a group, they can double in price before dropping 70% …. then double, or triple, or even quadruple again, only to crash 90%. Boom, bust, repeat. Below you […]
Over the past decade, investors have been backing physical gold as a wise investment to a client’s portfolio. Now there seems to be an unnerving rumble, worldwide, that India is changing its rules and regulations on the import of this precious metal. The domestic gold market of India and world […]
Newmarket Gold Inc. (TSX: NMI) and Kirkland Lake Gold Inc. (TSX: KLG) report that shareholders from the two companies have approved the previously announced merger to create a mid-tier gold company. 99.79% of Newmarket and 82.64% of Kirkland shareholders voted to approve the merger. The transaction is expected to close […]
The increase in the price of gold has risen due to Donald Trump’s Presidential election. Gold has risen to ~$32/oz to $1,307/oz and silver +$0.39 to $18.75/oz. Originally, the markets were pricing with a Clinton victory, which forecasted at $1,325/oz in Q4/16 and $1,450/oz in Q1/17 and silver $18/oz […]
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Although, we woke to a down market in physical gold, Kitco reports that TD Securities seeing consensus that a FED rate hike is coming but a ‘potential for gold to bounce from support levels since the Federal Reserve is likely to remain dovish for the longer term even if there […]