GOEX News and Press, Global X Gold Explorers From 02/17/23

Summary You need to get ready for the next run above 2000 in Gold and possibly 30 in Silver. Miners will soar even higher in percentage terms. DXY rallied on a dovish ECB, pushing the euro down and DXY higher. The RSI is approaching extreme oversold levels at ~30. The MACD Histogram...

Summary Gold had a strong start to the year. As we enter 2023, it seems the market’s concerns around economic growth, both in the U.S. and globally, are starting to intensify, providing support for gold prices. Historically, it is investment demand that drives the gold price ...

Summary Awareness that modern slavery is a social evil and investment risk continues to grow, putting investors in a pivotal position to identify and root out this risk across industries. The United Nations Sustainable Development Goals aim to eradicate modern slavery by 2030, and in De...

Summary Liberty Gold has released a resource update for the Black Pine project. Turning this project into a mine looks like an uphill battle. Already existing market concerns will most likely linger. Expectations had been high in the lead-up to the release of Liberty G...

Summary GDX offers exposure to larger cap companies in the gold space, while GDXJ is tilted towards smaller ones. Both ETFs offer pretty similar cost structure, but GDX trades at higher multiples and offers better dividend yield. Even in a gold bull market, GDX has historically outp...

Summary It's a substantial advantage if an investor understands the story and spots the catalysts before the market. There are many aspects that need to be analyzed when looking at mines or projects and determining whether they are solid or not. I can give countless examples of how ...

Summary Annual gold demand (excluding OTC) jumped 18% to 4,741t, almost on par with 2011 - a time of exceptional investment demand. 2022 saw a record annual average LBMA Gold Price PM of US$1,800/oz. Indian gold demand remained robust compared with longer-term pre-pandemic levels. ...

Summary Gold had gotten hung up on $1800 many times over the last few years. Silver led gold higher and then got trapped around the $24 mark in mid-December. Even though the consolidation in gold and silver lasted more than two years (Aug 2020-Dec 2022), markets always need time to ...

Summary Resource equities exhibited strong relative gains this quarter, outperforming both global equities and bonds during the three-month period. During the quarter, the greatest contributions to absolute performance came from the oil & gas sub-sector - including the top three ind...

Summary On a short-term basis, gold, silver and mining stocks are looking overbought and in need of the pullback. The divergence between gold and real yields has again become pronounced, suggesting precious metals markets may have gotten ahead of themselves for the time being. Takin...