A Look Back At Things 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%. […]
Tag: gold rush
The History Of Gold And The U.S. Economy
Bank Panics I had a rather lengthy conversation with my granddaughter. She had just spent a really busy week in school on the subject of gold vs paper money. She was learning about the economy which suffered in the 19th and 20th century that was referred to as Bank Panics. […]
With A Cutback On Gold Imports – What Does The Future Hold For India?
A Decade Ago 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 […]
From MarketSlant: First the War on Cash, Gold is Next
Newmarket and Kirkland Lake Shareholders Approve Merger
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 Impact Of Gold Prices With The Trump Presidential Election
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 […]
Gold in India
Nigam Arora, chief investment officer of the Arora Report, would argue the current rumours surrounding India are the true reason for the recent fall in gold prices. Arora told Kitco News “The Indian Bullion & Jewellers Association has informed its members that they are hearing from certain circles of a […]
Seabridge on Track to One of the World’s Largest Gold Mines
Seabridge Gold (TSX: SEA, NYSE: SA) has received a key license from the Canadian Government and is on it’s way to developing one of the world’s largest gold mines. The federal Government gave Seabridge approval Monday for a 25-year license on the company’s water management control system. This license is […]