SGDM News and Press, Sprott Gold Miners From 06/21/22

The Federal Reserve panicked last week and spooked investors into the worst week for stocks since the onset of COVID in March 2020. For bonds to rally, we need rates to fall and that will only come with better inflation news and/or weaker economic data. It is a very uncertain time...

While the secular hydrogen thesis is a nice element, the company still trades 1:1 as a commodity exposure to PGMs. With the commodity cycle certainly going to turn thanks to a global push against inflation at the expense of the economy, it had better be sold for now. While Russian...

The Fed raised rates by 0.75% yesterday to 1.50% and plans to continue raising rates to at least 2.5% in the next few months. Quantitative Tightening, or QT, is continuing at its announced pace also. While the Fed’s move was hawkish to say the least, this was all expected, ...

When fundamentals and technicals align, that tends to be a sweet spot for investing. In a declining margin environment, gold is likely to continue to hold up well vs broad equities, although we should expect some counter-rallies. As the economy continues to weaken, diversified hea...

In a base case of inflation moderating without a recession, silver should largely keep up with gold. Gold is an asset that generally performs well in adverse economic and financial conditions. Gold and silver are facing headwinds from higher bond yields and an appreciating U.S. do...

Regardless of the trend gold takes from here, we expect it to test the top of the range again over the coming year, driven by inflation, a Fed policy reversal, geopolitical tensions, a weakening dollar or other risk-driven events. While gold and gold stocks have come under pressure in...

On Friday, another hot CPI report came in. Normally, and especially with FOMC lurking and ready to tighten further, this would represent an occasion for a gold smackdown. And it came in pre-market before a big upside reversal. This represented a distinct change in character. I...

A recent Ernst & Young global mining survey showed that a significant number of mining executives ranked ESG, decarbonization and the license to operate as the top three risk factors for 2022. In addition to the pressure to adhere to ESG principles, one only needs to look at the p...

Gold made a new high, corrected, and is consolidating. Silver is sitting in nowhere land. Palladium hugs the $2,000 per ounce level. Platinum tried to break out to the upside. GLTR holds the four precious metals. For further details see: GLTR: All That Glitters I...

The company booked net income of $6 million in Q1 and its gold mine in Zimbabwe is set to boost its annual output to around 80,000 ounces this year. However, this improved performance is in line with the life of mine plan for the project, and reserves are expected to run out in 2026. ...