SGDM News and Press, Sprott Gold Miners From 07/13/22

Gold finds support in the $1,800 per ounce range as it enters a transitional stage. At present, the gold mining sector faces a particularly daunting challenge: establishing itself as an investable sector through all market cycles in order to attract a broader investor base. Gold p...

HMY gross margin of 23% is worrying given inflationary trends. A spike in costs on the front end in the absence of growing sales would hurt earnings badly. HMY shares are due for a bounce, but significant overhead resistance may cut the rally short. Intro If we p...

While I personally prefer physical gold as a means to safeguard against growing financial and economic risks, GLD is a convenient way to temporarily increase or reduce gold exposure. GLD moves in tandem with the gold spot price.  At the moment, there is a growing list of factors ...

The Segovia Operations gold complex has an NPV of $241.6 million and I think that the mine life will increase significantly over the coming years. GCM Mining also owns the Toroparu gold project in Guyana, which has an NPV of over $1 billion at today's price of gold. In addition, i...

Goldman Sachs has recently raised its year-end 2022, gold price target to $2500/oz, signaling a strong 2022 after gold prices ended 2021 down approximately 4%. Last year’s strong economic recovery and growth created conditions for the decline in gold, as investors moved to risk...

For the past month, gold has been consolidating within a tight range around $1850. The data suggests the next move is most likely up. It’s very possible that the jobs data in two weeks will be weak. This could give the Fed the cover needed to start rolling over, proving that th...

As inflation rises and recession looms in, people tend to invest more in gold, which in turn is expected to benefit the gold miners’ equity shares and ETFs. Energy and commodity funds (including the leveraged bull funds) have generated growth during 2022, while gold funds have ...

The MicroSectors Gold Miners 3X Leveraged ETN was launched in December 2020. It is designed to provide 3x the performance of the S-network MicroSectors Gold Miners Index. One very important thing to note, which is included in the ETN prospectus, is that leveraged ETNs are not designed...

Despite gradually decreasing its pay-out by almost 79 percent, GGN has recorded an average yield of almost 13 percent over the past 10 years. GGN’s investments are in commodities (gold, mining, energy), which tend to rise alongside inflation, and are considered safer bets durin...

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...