Gold has long been considered a store of wealth, and the gold price often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset. The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has pushed the precious metal to record highs...
Tag: Gold Investing
Is This a Gold Price Breakout or Fake Out?
Gold reached a new all-time high on Monday (December 4), but will its momentum continue? Speaking just ahead of the yellow metal’s major milestone, David Morgan, publisher of the Morgan Report, weighed in on whether he thinks this will be a real breakout or just another fake out. “We set a line, and gold has...
Gold Moves in 7 Year Cycles, Next Peak is 2026/2027
Gold is above US$2,000 per ounce once again, and Omar Ayales of Gold Charts R Us thinks higher prices are coming. He’s tracking a seven to eight year cycle in gold, and said the next peak is set to occur in 2026 or 2027. “What this cycle is telling us is not only that gold...
Marvel Closes First Tranche of Private Placement
Table of Contents: Gold Price Update: Q1 2023 in Review Gold Price Update: Q2 2023 in Review Gold Price Update: Q3 2023 in Review Lobo Tiggre: Gold Stocks are My Highest-Conviction Trade for 2024 Tavi Costa: Gold Price Breakout is “Inevitable,” Don’t Lose Focus Now Top 10 Gold-mining Companies A Sneak Peek At What The...
Falcon Provides Update on Status of MCTO
Table of Contents: Gold Price Update: Q1 2023 in Review Gold Price Update: Q2 2023 in Review Gold Price Update: Q3 2023 in Review Lobo Tiggre: Gold Stocks are My Highest-Conviction Trade for 2024 Tavi Costa: Gold Price Breakout is “Inevitable,” Don’t Lose Focus Now Top 10 Gold-mining Companies A Sneak Peek At What The...
Marvel Announces $750,000 Private Placement
Marvel Discovery Corp. (TSX-V: MARV), (Frankfurt: O4T), (MARVF: OTCQB); (the “Company”) is pleased to announce a non-brokered private placement (the “Offering”) to raise total proceeds of $750,000 by issuing up to 12,000,000 flow-through units (the “FT Units”) and issuing up to 3,750,000 non flow-through units (the “NFT Units”). Each FT Unit priced at $0.05 per...
Could a BRICS Currency be Backed by Gold?
Gold market participants were watching the BRICS nations closely this past August on the back of rumors that the bloc might announce a new and potentially gold-backed currency at its annual meeting. Ultimately that didn’t happen, but investors remain curious about whether the BRICS will take that step in the future. At this year’s New...
This is the Only Way Gold Breaks US$2,000 and Stays There
Mark Skousen of Forecasts & Strategies recommends investors diversify their portfolios, including gold and silver in the mix. However, he said the yellow metal needs a weak US dollar to break US$2,000 per ounce and stay there. “The only way I think gold will break through and stay above US$2,000 is if the dollar becomes...
BCM Resources Takes the Lead
The S&P/TSX Venture Composite Index (INDEXTSI:JX) reacted to statements from the Canadian and US central banks last week, falling 3.11 percent over the course of the five day period to close at 509.1. The decline followed more uncertainty about the future of interest rates as both Bank of Canada Senior Deputy Governor Carolyn Rogers and...
2024 Looks Better for Gold, but Here’s What’s Working Now
Brent Cook thinks 2024 will be a better year for gold, but what’s working in the meantime? “Drill results still work,” he said at the New Orleans Investment Conference. “But what’s surprising, and what I think the real opportunity is right now, is there’s a lot of companies that have solid deposits that work at...