Written by Dan Schwartz on May 3, 2012 – 6:00 am
It seems that this year, investing in physical gold would have been a much better investment than investing in mining stocks. Mining company stock, pretty much across the board, have sunk to their biggest discount ever for 2012, when compared to the price of the resources (gold, silver, etc.) they produce. As many investors worry [...]
Written by Dan Schwartz on April 19, 2012 – 6:00 am
The TSX Composite is looking like a bit of a dog. The S&P 500 is looking a bit like a star. Is this what QE does when Ben Bernanke and the Federal Reserve print money? Is the weakness and lack of conviction of the ineffectual Harper Conservative government in Canada the primary driver behind the [...]
Written by Dan Schwartz on March 28, 2012 – 6:00 am
The mining industry continues to show strength on it’s balance sheets. Although all mining companies continue to face challenges caused by geo-political tensions, the uncertain global recovery and the fallout from the global financial crisis, their revenues are driven higher by continued growth in the emerging markets and strong investment demand for commodities such as [...]
Written by Dan Schwartz on March 8, 2012 – 6:00 am
There are a lot of hedge fund, mutual funds and traders who are bullish on gold miners lately. Relatively speaking, the gold miners are cheap after investors fled the sector thinking the gold bull was over. In case you are scared of the big decline that happened in gold prices, the gold miners aren’t dead [...]
Written by Dan Schwartz on February 29, 2012 – 6:00 am
Rises in both capital and operating costs have become a growing problem for the mining industry, which faces ever higher price tags for everything from skilled labor to power, maintenance and even explosives and prefabricated buildings. The weakening US dollar of late hasn’t helped much either as many report their earnings in US funds. I [...]
Written by Dan Schwartz on February 8, 2012 – 6:00 am
Today was a typical day on the stock market. Stocks rallied, then pulled back, then rallied again, etc. The same old same old. That’s why I preach that investing in stocks takes time and patience. Prices move and over time will stabilize. You should never panic into or out of a trade; even when that [...]
Written by Gold Admin on October 18, 2011 – 10:49 am
Vancouver, Canada, October 18, 2011. –UraStar Gold Corp. (“UraStar”) (TSXV: URS) wishes to announce that drilling has commenced on the Blackpoint Au-Ag Property in Nevada. The drilling program, which will consist of at least three (3) holes, is designed to test for high grade gold which is believed to lie peripheral to or beneath the existing [...]
Written by Elena Kazimirova on October 6, 2011 – 12:47 am
We have seen some major profit taking last week and earlier this week and believe that this cash might return to the market specifically to the resources sector. On Wednesday the metal added $25.60, or 1.6%, to $1,641.60 an ounce on Comex. In our opinion, the metal became more appealing after the 2.5 % price [...]
Written by Dan Schwartz on October 5, 2011 – 6:00 am
Whenever you turn on the news, look at commodities, everything is about gold. Gold… gold… gold. I submit to you that gold doesn’t really matter when it comes to the global economy. The fact that gold prices have come down over the last 3 weeks from it $1,927 high to $1,621 today (gold took another [...]
Written by Dan Schwartz on September 28, 2011 – 6:00 am
There is no denying that the markets have been terrible over the last few months and most stocks have taken it on the chin. Gold, silver, copper have all been pummeled while the CME has continued to raise margin requirements for investors speculating on commodities like gold and silver. There is no doubt that these [...]
