GGN News and Press, GAMCO Global Gold Natural Resources & Income Trust From 02/04/20

A healthy market often makes a statement. Last week while other commodity prices and markets across all asset classes were moving lower, gold displayed incredible strength. During the height of the global financial crisis, the price of gold dropped like a stone. The price had just made a new h...

A sign of a bull market is when the price of an asset has many reasons to move lower, but the price remains stable or even moves higher. Over recent sessions, the world has become focused on a virus spreading in China and to other countries around the world. When China catches an economic cold...

Silver has been volatile in 2020 as the precious metal has traded in a range from $17.28 to $18.895 on the nearby March futures contract since the end of last year. Like gold, silver is money and one of the oldest means of exchange in the world. Gold has been attracting buying during the lates...

This is the story of how the Chinese central bank manipulates premiums on gold traded over the Shanghai Gold Exchange. Evidence suggests that since 2017 the Chinese central bank is artificially elevating premiums on gold traded at the Shanghai Gold Exchange ((SGE)) by roughly 0.5%. A Reu...

By Pater Tenebrarum An Unloved Sector We rarely discuss individual stocks in these pages, but we make an exception now and then when we spot exceptional opportunities. This time the reason is actually more mundane: the vast majority of gold exploration stocks failed to benefit from...

Originally published January 26, 2020 "Miss the boat? The move in the precious metals sector is just getting started" - Arcadia Economics The charts on the mining stocks I follow in my Mining Stock Journal are all starting to look very bullish. Many have pulled back this month after ...

There are two forces in the investment world than usually do not go together: yield and inflation. The multi-decade era of low/falling interest rates has seemingly caused investors to no longer realize the danger inflation poses to their yielding investments. Bonds, utility stocks, and REITs (...

Gold prices pull back slightly from more than six-year highs, as investor worries over the spread of China's coronavirus eased a bit. More news on: SPDR Gold Trust ETF, Hecla Mining Company, Harmony Gold Mining Company Limited, Commodities news, Stocks on the move, News on ETFs, Rea...

In 1980, the price of gold rose to a high of $875 per ounce on the nearby NYMEX futures contract. The yellow metal did not return to that level for twenty-seven years. In 2008, after reaching a new high at over $1000 per ounce, the price slipped back to a low of $681 during the risk-off period...

The bull market in gold and silver began in the early 2000s. After rising to highs of $1920.70 and $49.82 in 2011, both precious metals pulled back to lows of $1046.20 and $13.635 in December 2015. Gold and silver have been consolidating since reaching those lows. In June 2019, gold broke ou...