Tag: gold stocks

Guest Post by Marin Katusa via International Man

Since early July, I’ve told my subscribers in the precious metals markets to take a Katusa Free Ride on all our gold stocks.

Thus, all but one stock in our portfolio has a zero-cost base, and we are flush with cash.

Is it time to jump in right now?

Before we get into what to do now, let’s do a quick review of the gold market for the last nine months.

Gold and silver were fresh off of multi-year highs.

Retail and institutional interest was at a multi-year high.

And volumes were through the roof.

Continue reading “Gold and Silver Melt, or Meltdown?”

Guest Post by Doug Casey

My regular readers know why I believe the gold price is poised to move from its current level of around $1,588 per ounce to $2,000… $3,000, and beyond.

Right now, we are exiting the eye of the giant financial hurricane that we entered in 2007, and we’re going into its trailing edge. It’s going to be much more severe, different, and longer lasting than what we saw in 2008 and 2009.

In a desperate attempt to stave off a day of financial reckoning during the 2008 financial crisis, global central banks began printing trillions of new currency units. The printing continues to this day. And it’s not just the Federal Reserve that’s doing it: it’s just the leader of the pack. The U.S., Japan, Europe, China… all major central banks are participating in the biggest increase in global monetary units in history.

Continue reading “Gold Stocks Are Going to Be Explosive”

Guest Post by Doug Casey

My regular readers know why I believe the gold price is poised to move from its current level of around $1,550 per ounce to $2,000… $3,000, and beyond.

Right now, we are exiting the eye of the giant financial hurricane that we entered in 2007, and we’re going into its trailing edge. It’s going to be much more severe, different, and longer lasting than what we saw in 2008 and 2009.

In a desperate attempt to stave off a day of financial reckoning during the 2008 financial crisis, global central banks began printing trillions of new currency units. The printing continues to this day. And it’s not just the Federal Reserve that’s doing it: it’s just the leader of the pack. The U.S., Japan, Europe, China… all major central banks are participating in the biggest increase in global monetary units in history.

Continue reading “Doug Casey: Gold Stocks Are Going to Be Explosive”

Via International Man

Back in October 2018, Goldcorp was trading at its lowest level in 16 years.

This was before Goldcorp merged with Newmont, one of the world’s largest and oldest gold producers.

Goldcorp wasn’t alone. Shares of precious metal mining companies were decimated in a horrid year for gold stocks.

The last time Goldcorp traded below $9 was in 2002. That was back when gold was trading for under $300 an ounce.

Continue reading “Tax Loss Season: What Does the Broken Clock Setup Look Like?”

Via Casey Research

Chris: Doug, as you know, gold’s had a big year, up 15%. Do you see this trend continuing? And if so, what’s a specific catalyst that could send the gold price – and gold stocks – higher?

Doug: Oddly, even as gold has moved from $1,100 to $1,500, these crappy little junior mining stocks, the explorers and developers, have gone nowhere… But the big ones have done okay.

Continue reading “Doug Casey: Gold Stocks Could “Go Wild”…”

Guest Post by Doug Casey

My regular readers know why I believe the gold price is poised to move from its current level of around $1,460 per ounce to $2,000… $3,000, and beyond.

Right now, we are exiting the eye of the giant financial hurricane that we entered in 2007, and we’re going into its trailing edge. It’s going to be much more severe, different, and longer lasting than what we saw in 2008 and 2009.

In a desperate attempt to stave off a day of financial reckoning during the 2008 financial crisis, global central banks began printing trillions of new currency units. The printing continues to this day. And it’s not just the Federal Reserve that’s doing it: it’s just the leader of the pack. The U.S., Japan, Europe, China… all major central banks are participating in the biggest increase in global monetary units in history.

These reckless policies have produced not just billions, but trillions, in malinvestment that will inevitably be liquidated. This will lead us to an economic disaster that will in many ways dwarf the Great Depression of 1929–1946. Paper currencies will fall apart, as they have many times throughout history.

Continue reading “Doug Casey: Why Gold Stocks Are an “Asymmetric Bet””