SGDM News and Press, Sprott Gold Miners From 04/27/23

2023-04-27 02:52:07 ET Summary As shown by the inverted yield curve, the likelihood of a recession has increased considerably after the banking turmoil, while the inflation problem also persists. In these conditions, an investment in gold makes sense, but, it is important to choos...

2023-04-25 18:41:25 ET Summary Since gold is generally priced in U.S. dollars the world over, the Sprott Gold Miners ETF could significantly increase on any potential U.S. debt-ceiling drama. That's because any potential default on America's debt obligations would likely lead to a...

2023-04-22 11:09:00 ET Summary We got the long-awaited pullback and nailed the lows at ~1980 and ~24.75. Much of it depends on bond yields and the DXY in the short term, but the May 3 FOMC meeting will be the true determinant. Although a test of the record high of $2089 in Aug...

2023-04-14 05:00:00 ET Summary Panic and fear subsided as governments, regulators and central banks worldwide intervened and/or reassured investors in an effort to restore market confidence. Black swan events cannot be predicted, but investors can be proactive and maintain a gold ...

2023-04-14 02:45:00 ET Summary I don’t know if we are going to get a pullback or not. Everything but the fundamentals suggests we should. A pause in Fed policy would signal risk on for everything but the dollar over the next few months. Meanwhile, Gold can remain overbought...

2023-03-24 16:44:00 ET Summary Supply/demand outlook combined with relatively high yields are creating attractive opportunities for natural resource investors, but potential risks stemming from Russia still need to be watched. We really have to consider whether West is going into ...

2023-03-24 03:30:00 ET Summary Gold is coming off extremely overbought levels on both the RSI and the MACD. Silver needs to close above $24.37 to confirm it's on its way to $30. The Fed opened the door for higher metals and miners, but the technicals and sentiment suggest one ...

2023-03-22 05:00:00 ET Summary The Fed would provide 1-year loans to banks in trouble and take the banks’ US Treasury bonds as collateral at face value. Gold, silver, the miners, and bitcoin are all rallying strongly and will continue to do so. I am cautious in the very...

2023-03-21 03:00:00 ET Summary Another major bullish sign is that margin rates were raised this week and it did absolutely nothing to blunt the move higher. Silver has not seen margin rates rise nearly as high as gold. The gold-silver ratio has once again become overextended i...

Summary Gold had seen a terrific run from November through January and such a pullback was hardly an outlandish call. Gold and precious metals generally perform best during periods of financial repression and easy monetary policy conditions that see the debasement of currency. For m...