SGDM News and Press, Sprott Gold Miners From 06/02/23

2023-06-02 01:00:00 ET Summary Gold's bottom could be in, or it may experience a wave B bounce followed by a lower wave C; both scenarios ultimately lead to higher prices. Silver and GDX have similar scenarios, with the potential for positively divergent lower lows or a wave B bou...

2023-05-29 07:25:23 ET Summary The recent debt-ceiling deal may not bring a significant relief rally to the stock market due to concerns of an impending recession. The temporary relief from the debt-ceiling deal for investors is expected to be short-lived because the stock market ...

2023-05-25 18:00:00 ET Summary What fueled gold's rally and why it ran out of steam. Can gold get back above $2,000? Copper was betting on a China boost that never came. The price of gold has eased recently, after reaching new highs earlier this month. Greg B...

2023-05-23 16:51:00 ET Summary The low volume in gold over the last few weeks suggests that there could be a pop coming in the near term. The gold-silver ratio has turned back up after seeing a big turnaround with the blistering rise in silver back in April. The indicators are...

2023-05-17 03:30:00 ET Summary There is a high probability that a cyclical bull market is underway for the gold mining sector. This cyclical trend should result in large additional gains by gold mining stocks in nominal terms and relative to most other stocks. The focus of mos...

2023-05-11 00:35:00 ET Summary Gold reached a yearly high in April; a Fed pause may be gold positive, potentially driving gold even higher. Gold continued its trend higher in April. It reached a yearly high of $2,048 per ounce on April 13, which coincided with the U.S. dollar ...

2023-05-09 10:01:49 ET Exchange traded funds that offer exposure to the price of gold ( XAUUSD:CUR ) have attracted investor capital over the past week, as the precious metal hovers near all-time trading highs. Amid concerns about the banking sector and the Federal Reserve's interes...

2023-05-07 08:22:00 ET Summary Demand from central banks experienced significant growth during the quarter. Bar and coin investment gained 5% y/y to 302t, concealing some large regional variations. Modest growth in both mine production (+2%) and recycling (+5%) led to a margin...

2023-05-02 03:30:00 ET Summary For the first quarter, gold rose 8.2% and silver was basically flat for the quarter but rose 15.6% in March. The mining stocks, generically using the GDX ETF as a proxy, rose 12.2%. As the world shifts away from using the dollar as a reserve currency...

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...