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Keyword results: gold

Bull

How was the large cap investment world in Q1 2023, punk? And how will the rest of the year go?

Life is always a bit easier when an investment quarter ends on a Friday (or over a weekend). Despite the inevitable ups and downs, geopolitical questions, hopes, fears, and dreams its all good fun to look back at leisure.
SHG
SHG

Shanta Gold – 2022 results, nearing 100,000 ounces per annum multi-project gold producer, still real upside

Gold production, development and exploration company in East Africa, Shanta Gold (SHG) has announced its results for the 2022 calendar year and that it is nearing transformation to a 100,000 ounces per annum multi-project gold producer.
PREMIUM CONTENT

Amaroq Minerals – prospective debt financing and Iceland Nasdaq main market listing, upgrade to Strong Buy

Gold and strategic metals development and exploration company in Greenland, Amaroq Minerals (AMRQ) has announced that it has agreed heads of terms for $49.5 million of financing to enable trial mining, processing and production of gold doré at its flagship Nalunaq project and we’ve subsequently spoken to CEO Eldur Olafsson.
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Bear

Video: Gold is Winning Against All Fiat

Trader and writer Francis Hunt of “The Market Sniper” argues that you ain't seen nothing yet for gold and that silver will do even better when things really heat up.
Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Writhes As Now Deutsche Bank Comes Under Pressure

Gold finished the week at $1978 – down a shade on last week’s explosive move to $1989, but there was volatility over the week: the low point was in the mid $1930s and the high was $2010. Our favourite technical analyst, Jordan Roy-Byrne of TheDailyGold.com, was warning of volatility and he was right. But I fancy the general direction remains upwards and continue to expect a new high in fairly short order.
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Kefi Gold & Copper – quarterly operational update, an issues resolved “in the coming weeks” STRONG BUY

Kefi Gold & Copper (KEFI) has issued a quarterly operational update, including on the Tulu Kapi gold project in Ethiopia that regarding the government it “expects to resolve all outstanding issues in the coming weeks” and on its projects in Saudi Arabia that it continues to progress activity.
Boom

Video: The World is Functionally Bankrupt

Gold bugs will enjoy this podcast. Writer Robert Moriarty explains where the money is really coming from to bail out the recent failures in the banking system, noting that the $200 billion figure has ballooned to $2 trillion. Bob says that the Federal Reserve has effectively committed to printing $2 trillion in a week, which is unprecedented.
Bear
PREMIUM CONTENT

Video: Bank Crises, Fed Pivots, and The Hard Landing Reality

Chris Irons is a podcaster whose language is worse than mine. His Quoth the Raven podcasts are spikey but he is usually correct. Irons says he is surprised by the lack of fear in the markets, which, he says, is questionable considering the current circumstances.
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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As The Blue Touch Paper Is Lit and Now Credit Suisse Keels Over

Gold finished the week at $1989 – well up on last week’s $1868 and the highest point since around this time last year. It looks like a breakout, it feels like a breakout and the next few sessions will be very interesting.
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CEY
CEY
PREMIUM CONTENT

Centamin – 2022 results, growth and dividend upside potential: BUY

Centamin (CEY) has announced its results for the 2022 calendar year and that it maintains a current year gold production guidance range of 450,000-480,000 ounces and remains on track to consistently return its Sukari mine in Egypt to production levels towards 500,000 ounces per annum from 2024.
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Fresnillo – full-year results, a growth and recovery from 2022 challenges Buy

The world's largest primary silver producer and Mexico's largest gold producer, Fresnillo (FRES) has announced results for the 2022 calendar year and said that it is excited about its growth pipeline.
AAU
AAU

Ariana – Gold News From Kiziltepe And Elsewhere

AIM-listed Gold producer in Turkey Ariana Resources (AAU) has been splashing out on the news front of late. The latest tit-bits came yesterday, Gold production targets for this year and, yesterday, news of the award of exploration licenses at Ariana’s Project Leopard in Turkey.
Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Virgin Wines will surely wither and die - another IPO disgrace from 2021

In today's podcast I look at Credit Suisse and the banking crisis, bitcoin, gold, Argo Blockchain (ARB), Online Blockchain (OBC), Mode Global (MODE), Okyo Pharma (OKYO), Virgin Wines (WINO) and Versarien (VRS) in light of the bombshell here earlier today.
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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Gently Regains Ground and as SVB goes bust

Gold finished the week at $1868, up from last week’s $1857 by a small amount but an impressive move given the decline back down towards $1800 midweek. Is this a double-bottom I see before me?
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AAU
AAU

Ariana – Following Friday’s Intra-Day Tavsan Bad News, An Update On Venus

AIM-listed Gold producer in Turkey, Ariana Resources (AAU), had a torrid time in the market yesterday, following bad news on its Tavsan mine last Friday. This morning we got an update on Venus Minerals, which has been awaiting a stock market flotation. Was that news any better?
BMV
BMV
PREMIUM CONTENT

Bluebird Merchant Ventures – equity raise at 2p, but a clearer path ahead: STRONG BUY

Bluebird Merchant Ventures (BMV) has announced that it has raised £1.215 million at 2p per share “to fully fund proof-of-concept production at its Kochang gold and silver mine in South Korea, expand the in-country team to accelerate developments at both of its mines, and for general working capital”. With the equity raise shares also with 3 year warrants at 3.5p and the shares at 2.15p before this latest, is it good news?
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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: what to think about 3 gold miners? Has the curse of Chris Cleverly struck again?

Today I look at Conroy Gold & Natural Resources (CGNR), Ariana (AAU) and Bluebird Merchant Ventures (BMV). Then at Pantheon Resources (PANR) and at ADVFN (AFN). Finally Evil Banksta has sent me this Bulletin Board post below on Technology Minerals (TMI). I have always been bearish on this stock as any company in any way linked to Chris Cleverly is always a dog with fleas. The post below looks to be kosher, thought it may not be, so, I suspect, does not alter the bear case and my target remains 0p. 
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Gold

Video: The Everything Bubble Collapse – 25x More Capital Into Gold

Broadcaster Michael Maloney details how modern banks simply imagine money into existence with loans. This is NOT real money.
Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Bounces

Gold closed the week at $1857 – a good bounce from last week’s low point of $1811 and back through the old minor support at around $1835. Good news – but will it last?
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AAU
AAU
PREMIUM CONTENT

Ariana Resources – Bad News From Tavsan, But Still A Buy

AIM-listed Gold producer in Turkey, Ariana Resources (AAU) made an announcement intra-day on Friday – highly unusual for it. Intra-day announcements are not usually good news, and Ariana conformed to this: the RNS was to tell us that construction of Ariana’s second Gold mine at Tavsan has been suspended. 
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SHG
SHG
PREMIUM CONTENT

Shanta Gold – resource updates suggest exploration and production catalysts, Buy

Shanta Gold (SHG) has now announced West Kenya project and group resource updates, emphasising that now over the past 5 years its resources have increased threefold to now 3.7 million ounces of gold despite its existing mining.
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Bear

Video: Being Ready for the Chaos in the Markets

Writer Tony Greer from the Morning Navigator is a cheery fellow.
BMV
BMV
PREMIUM CONTENT

Bluebird Merchant Ventures – “delighted” with scoping study, we can understand why! Shares to double well before Christmas?...

Bluebird Merchant Ventures (BMV) states that it “is delighted to announce a Scoping Study for its Kochang and Gubong gold projects in South Korea” and the shares have currently responded up to just above 2p. But there looks clear potential for much more to come.
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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Tests $1800

Gold closed the week at $1811 – down again on last week’s $1842 and now testing the $1800 line described as being fairly critical in the short term by our favourite technical analyst, Jordan Roy-Byrne of TheDailyGold.com. It is going to be an interesting week or two ahead….
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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Continues To Slip

Gold closed the week at $1842 – down from last week’s $1866 but in my view still a good effort given last week’s inflation figures over the pond. Our favourite technical analyst, Jordan Roy-Byrne of TheDailyGold.com reckons there’s support around $1830 and it bounced from just below.
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Gold

Video: Gold the Excellent Risk Diversifier that is Widely Underheld

Money manager Bob Elliot analyses the current economic situation, the role of debt cycles, and the trade-offs between a fiat monetary system and a commodity-based system. He note that productivity is the main driver of growth over the long term, and that debt cycles have been used to make up for declining productivity. He explained the risks associated with governments borrowing to make up for productivity declines and noted that wage growth is maintaining nominal spending at a higher level.
GoldfishShark

Video: The Fed is Creating a Perfect Setup for New Gold Investors

Keith Weiner runs gold investment firm Gold Standard Institute USA so he is talking his own book.
SHG
SHG
PREMIUM CONTENT

Shanta Gold – Singida construction on schedule for first production next month, Buy

Shanta Gold (SHG) has announced continued construction progress at the Singida project in Tanzania, with the mine, which is set to see the company become a 100,000 ounces per annum gold producer, on schedule for first production next month.
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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Battles A Pull-Back

Gold finished the week at $1866. Having suggested last week that it could go either way from $1864 at the time, I was wrong – it went nowhere. In the short term, it could head further south from here as corrective forces assert but so far it has held up rather well. Long term, I remain extremely bullish.
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Top-10

Notes from Underground – Most read articles for the week ending 11 Feb 2023

The most-read non-Tom article this week is by Chris Bailey, Gold: you're indestructible (even if the price goes down sometimes)  at No 6 or No 14 including Bearcasts.

PREMIUM CONTENT

Amaroq Minerals – positive Vagar licence exploration results, Up on our share tip but still a BUY at 43.5p, target 60p

Amaroq Minerals (AMRQ) has announced exploration programme results from its Vagar licence in Greenland and that “current drill intersections suggest that a large tonnage Intrusion Related Gold system is in play”.
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GoldfishShark

Video: Could We See a Precious Metals Buying Mania?

Trader David Brady is another gold bull whispering sweet nothings into the ear of our own Nigel Somerville.
GoldfishShark

Video: The Best Gold Bull Market I Have Ever Seen

Money manager Peter Grandich has a message that our own Nigel Somerville will be delighted to hear. Peter discusses the potential for this gold bull market and why it’s likely extraordinary. He says that Central Banks are buying at record levels, and many of those buying are doing it for safety reasons. He says that you should not bet against the Fed and don’t bet against central banks when it comes to gold and hence mining shares have yet to reflect what is happening, and are, arguably, as cheap as they can get regarding the price of gold.
Gold

The View From The Montana Log-Cabin As Gold Reverses (But For How Long?)

Gold has gone into reverse. So much for my “ouzo on ice” piece mid-week, in the wake of the Fed’s quarter-point rise in interest rates, distracted as I was by the Chinese spying on the Montana Log-Cabin. Mark Watson-Mitchell was indeed right: nothing moves in straight lines – Gold ended the week at $1864, sharply down on the $1928 of a week ago. So is the Gold bull all off, then? Certainly not!
GoldfishShark

Video: All Pistons are Firing for Gold to Reach New Highs this Year

Analyst and trader Michael Moor believes in technical analysis. Whatever.
PREMIUM CONTENT

UPGRADE: Kefi Gold and Copper – Q4 operational update, stance upgraded to STRONG BUY

Kefi Gold & Copper (KEFI) has issued a fourth quarter 2022 operational update, including re-emphasising on Tulu Kapi gold project financing that it “expects all outstanding issues to be addressed imminently”.
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Gold
PREMIUM CONTENT

Gold: you're indestructible (even if the price goes down sometimes)

I read in the Sunday press that allegedly the “FCA offers to bend the rules to land Arm float”. That is certainly something to keep an eye on this year, especially as the FTSE 100 - unlike many of its global peers - is somewhat light in the excitable world of technology stocks. An area the FTSE 100 is heavily exposed to however is the commodity sector. Last week may have seen “London’s FTSE 100 Index ended the week on a high having reached its highest ever score, beating the previous record of 7,903.5 set in May 2018”, but you may have seen that natural gas, oil and silver prices have fallen even further this year and even my beloved gold is only up a couple of percent in dollar terms over the first five or so weeks of 2023…
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MTL
MTL
PREMIUM CONTENT

Metals Exploration – Q4 report, for further recovery Buy

Gold producer in the Philippines, Metals Exploration (MTL) has issued its report for the fourth quarter of 2022, emphasising “record quarterly positive free cash flow” and “a very solid platform from which to build on in the coming year”. Good news.
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Gold
PREMIUM CONTENT

The Mid-Week View From The Montana Log-Cabin: Has The Fed Commenced A Handbrake Turn As Gold Rockets?

The correction in the Gold price I was expecting seemed to be slowly but surely getting underway until last night, when the Fed made its latest rate announcement. It had been expected to turn the screw further by hiking rates yet again, after a year of large hikes. But the Fed opted to go for just a quarter point rise.
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Confetti
PREMIUM CONTENT

How has your January been (as an investor)?

The weather has apparently been a bit cooler, versus the recent norms for a December or a January, over the last few weeks. I tell you somewhere that has not been cool: the global stock market…
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Gold

Video: Golds Time to Shine is Just Coming Into View

Author and analyst David Murrin discusses the role of commodities in the conflicts of the world and how governments should move towards a hybrid market command system in order to secure essential resources and protect their economies. 
Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Pauses For Breath

It has been a one-way ticket northwards for Gold since bottoming out in late September and October around $1625 an ounce, as can be seen on the Gold chart (courtesy of www.kitco.com) below. Last week it had reached $1926 and pushed on up this week to peak a smidgeon below $1950 before pausing for breath, sliding to below $1920 (very briefly) before closing at $1928 – up another two dollars on the week. 
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AAU
AAU

Ariana Resources – follows production progress with Salinbas exploration progress: BUY

Ariana Resources (AAU) has announced drilling results and an update on the drilling programme at the Salinbas project of its 23.5%-owned joint venture in Turkey. This includes continuity of gold and silver mineralisation and presence of significant molybdenum mineralisation.
AAU
AAU
PREMIUM CONTENT

Ariana Resources – drilling news from potential game-changer

AIM-listed gold producer Ariana Resources (AAU) has announced drilling news from its Salinbas project in north-eastern Turkey, where approximately 22,000 metres of drilling is planned and 8,000 metres have been drilled.
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PREMIUM CONTENT

Kefi – Tulu Kapi financing update, not the news we wanted but what we want is imminent; Buy

Kefi Gold & Copper (KEFI) has issued a Tulu Kapi gold project financing update including that it is “pleased to report that all lead contracting and equity investment parties have agreed their draft agreements… The company expects all outstanding issues to be addressed imminently, the exact timing of which will largely be driven by the Government process”. Is this "funding secured"?
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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Now I can talk about Kefi

I start with a meeting at the Ha Ha earlier. As each day passes more details are inked in for ShareStock 2023 on September 23rd. More details and ticket booking is HERE. Then onto Kefi Gold & Copper (KEFI), Caracal Gold (GCAT), Vast Resources (VAST), Argo Blockchain (ARB) and then poor Gary Newman and the effect of those poisonous spiders he kissed from Suriname and Audioboom (BOOM)
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Gold

The View From The Montana Log-Cabin As Gold Keeps Pushing On Up

Gold finished the week at $1926 – up once again (albeit marginally) on last week’s $1921, but a good result given the dip down below $1900 mid-week. 
AAU
AAU
PREMIUM CONTENT

Ariana – 2022 Production Result: A Top Effort: Buy

AIM-listed Turkish Gold producer Ariana Resources (AAU) released its production results on Friday along with a general update. The news was excellent and the shares surged (as much as Ariana shares ever surge!) higher but there is more to go.
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SHG
SHG

Shanta Gold – 2022 production and operational results, BUY (target 16p)

Shanta Gold (SHG) has announced 2022 production and operational results and that “there are numerous initiatives underway and in place for 2023 to decrease operational risks and optimise production”.
CEY
CEY
PREMIUM CONTENT

Centamin – Q4 and full-year update, a progressing gold BUY

Centamin (CEY) has issued an update on the fourth quarter and full-year of 2022, including emphasising that it is now looking forward to further increasing gold production while continuing to manage cost pressures and progressing the multiple identified opportunities across its portfolio.
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CEY
CEY
PREMIUM CONTENT

Centamin – a “most welcomed” Egyptian Court judgment, still a gold recovery Buy

Centamin (CEY) has emphasised a “most welcomed” Egyptian Supreme Constitutional Court judgment and that “operations at Sukari Gold Mine remain unaffected and continue as normal”. So what’s the “most welcomed” news?
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GoldfishShark

Video: The Fed has lost control, of inflation, silver to $100, buy gold

Author and investor Don Durrett might be termed as a bit more of a conspiracy theorist than even our own Nigel Somerville He reckons that the financial media and government tend to release bullish information which is inaccurate and misleading.
CEY
CEY
PREMIUM CONTENT

Centamin – Court Win Secures Mine Concession Agreement: BUY

Fully-listed Egyptian Gold miner Centamin (CEY) this morning announced that the Constitutional Court in Egypt had ruled that under Law 32, third parties cannot challenge contractual agreements between the Egyptian Government and investors such as Centamin. This may seem somewhat highbrow, but an individual had been challenging Centamin’s right to exploit the Sukari concession, seeking the nullification of the concession agreement between the company and the government.
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PREMIUM CONTENT

BREAKING EXPOSE: The scandal at Caracal Gold, what a colourful cast of “characters” – this is a zero

If the name Caracal Gold (GCAT) does not ring a bell, count yourself lucky not to have this dig in your portfolio because it is a zero and one where the FCA should be crawling all over everything. Until 16 months ago, Caracal went by another name.
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PREMIUM CONTENT

Ethiopian Minister of Mines sacked – this is very good news for Kefi

The Ethiopian Minister of Mines, Takele Uma, was apparently sacked yesterday at a cabinet meeting. Rumours in Addis suggest that he stands accused of industrial scale corruption. Well knock me down with a feather.
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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: The point of speaking to Harry Adams and do I believe the Kefi boss?

I start with the NHS pissing money away on my lawn, then onto why I opt to speak to CEOs, gold and Kefi Gold & Copper (KEFI)
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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Climbs Further

Gold closed the week at $1921, comfortably up on last week’s mark of $1866 and almost a whopping $300, or around 18%, up on the low point last September. It has been a straight line upwards since then, as shown on the chart, courtesy of Kitco.com.
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PREMIUM CONTENT

Kefi Gold and Copper – awarded Saudi Arabia exploration licences, bigger news “shortly”?

Another day, another announcement from Kefi Gold & Copper (KEFI) – with this time boss Harry Adams “delighted” with the award of five further exploration licences in Saudi Arabia to the company’s 30%-owned joint venture. Is he sugaring the pill ahead of bad news in Ethiopia?
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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: the argument for not selling rubbish like Red Rock and Wishbone

I start off with why the Times' demands for a Sheriff of Tipsters smacks of glass houses and throwing stones. Has its own tipster declared all conflict of interests. Then onto gold, looking at my portfolio and why I have not sold Red Rock (RRR) and Wishbone Gold (WSBN) yet despite my grave governance reservations and their failure to monetise assets whose quality I start to doubt. So why not sell and reinvest in a higher quality play I own like Centamin (CEY), Ariana (AAU) or even Kefi Gold & Copper (KEFI). One reason was the illness that laid me so low I just forgot. But there are others which I explain in the podcast, my second of the day after this photo/podcast from Lake Vyrnwy which has given me great pleasure.
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PREMIUM CONTENT

Wishbone Gold – projects news, here’s perhaps why the market reaction Big Dave

Wishbone Gold (WSBN) has stated states that it “is pleased to announce positive first assay results from the maiden drilling program at the company's Red Setter gold-copper project in the Patersons Range area in Western Australia” and ramper-in-chief David Lenigas doesn’t see why the market has reacted as it has – the shares currently down to 4.7p to sell, though adding that someone’s sell is another person’s buy.
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Gold

The View From The Montana Log-Cabin As Gold Surges Again ( ouzo on beans time?)

Gold finished the first week of 2023 at $1866 – up nicely from the $1824 at which it closed last year. Having sold off, briefly, to around $1830 on Thursday, Friday’s US economic data saw a resurgence at high at $1870. A cracking start to 2023 for Gold-bugs, and the Gold miners have rallied too, as can be seen on my chart of Gold vs the mining ETFs GDX (majors), GDXJ (juniors) and GOEX (explorers). Is it time to reach for the Ouzo yet?
Gold
PREMIUM CONTENT

A Swallow Flew Past The Montana Log-Cabin

Tom Winnifrith jibed me yesterday for not having a party because Gold has gone up. It is true that Gold has been having a good run – indeed, as per my recent articles from the Montana Log-Cabin, I believe that things are set up beautifully for a good run.
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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: the mystery of the Midas Harland and Wolff share tip

I start with a bit about weather, snow rain and drought. Then gold vs bitcoin, Enwell (ENW), Ferrexpro (FXPO), Harland & Wolff (HAWL), Argo Blockchain (ARB), Powerhouse Energy (PHE) and Pantheon Resources (PANR) before ending with Vast Resources (VAST) where a placing at 0.1p is surely being attempted after today's incomplete news.
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Gold
PREMIUM CONTENT

The New Year View From The Montana Log-Cabin: Will This Be The Year For Gold To Surge?

Gold closed 2022 at $1824 – a step up from its Christmas level of $1799, but still stuck near $1800. Over the year it has gone precisely nowhere: it started 2022 at $1811. But there are good reasons to think that 2023 will see the yellow stuff move sharply higher.
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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Pantheon collapses, boy you should have heard Peter Brailey on September 10

I start with a health update, finally some joy from the NHS and, even before that, I am starting to feel better. Then it is onto Pantheon Resources (PANR), Inspirit (INSP), and Atlantic Lithium (ALL) and share options, incentivising the dead. Then macro calls on interest rates, inflation, the real economy, shares, bitcoin, gold and oil. Details of ShareStock 2023 on September 23 are HERE
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Gold
PREMIUM CONTENT

The Christmas View From The Montana Log-Cabin As Gold Meanders Around

Gold closed for Christmas at $1799, up slightly from $1793 the previous week, but essentially going nowhere. It seems to be stuck around the $1800 mark and despite all the noises of further hiking of interest rates by the Fed, is holding firm and, I suspect, about to head higher.
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Bear

Video: The Inflationary Nightmare – Biggest Bubble to Biggest Bust warns Peter Schiff

Maybe this time Mr Gloom will be correct. Investor, commentator and libertarian Peter Schiff has some stark warnings.
Father Christmas
PREMIUM CONTENT

Looking Back Over My Christmas Tips For 2022

It is that time of year again when every tipster tells you what to buy for the coming year. Of course, here at ShareProphets we are different as we quite often tell you not what to buy, but what to sell. Before offering my current thoughts for the current year, I thought I should take a look back at what I suggested for 2022: to buy fully-listed Centamin (CEY) at 87.66p and AIM-listed Ariana (AAU) at 4.1p.
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Nativity

Professor Malcolm Stacey's Jaw-Dropping, Spellbinding, Breathtaking, World Famous Christmas Seminar.

Merry Christmas Share Folks. Being a believer in God is a bit like buying shares. You know in your heart your choice will shine, but you can't be sure.  But if you don't buy the shares then you can’t benefit if your company hits the big time. This old punter admires the confidence and courage of atheists. Because if they’ve got it wrong, they’ll have missed out on the jackpot of eternal bliss. Quite some loss to suffer, don't you think?


Bear

Video: Inflation, War and Precious Metals All Set to Accelerate Next Year

Analyst Charles Nenner is another cheery fellow.
Fork-In-The-Road
PREMIUM CONTENT

The outlook for the mining sector in 2023

The mining sector in general has experienced high levels of volatility over the past couple of years, even more so than normal, and that looks likely to continue into 2023 as well.
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Bear

Video: Worst Recession in Memory and New Highs for Gold in 2023, bitcoin to $9,000

Market Strategist Gareth Soloway of "In The Money Stocks" is a cheery fellow predicting doom and gloom all round unless you are in gold and silver or short shitcoin.
Gold

The View From The Montana Log-Cabin As Gold Falls Slightly, Markets Rather More

Gold finished the week at $1793 – slightly down on last week’s $1798 but rather more resilient than the market in general, as the Fed again hiked rates and warned of more to come. So stocks declined, and the bond market was having none of it as yields fell over the week.
Gold

Video: Could $3000 Gold Happen in 2023?

Chris Rutherglen runs Gold Investor Research so he talks his own book here. 
Bear

Video: The Coming Financial Iceberg

Alasdair Macleod is the head of research at GoldMoney and a cheery fellow. His conclusion, natch, is to buy gold. And here is why...
Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: falling out with three old friends edition

Maybe I have fallen out with these folks already: Colin Bird, Richard Poulden and Andrew Bell. But after this podcast I sure will have done so. I own shares in two companies mentioned. It is my intent to cut my losses when back at my desk in Wales next week and to reinvest the little cash that comes in, in a boring gold play with a dividend which will not be passing the begging bowl around numerous times next year. I think probably I shall buy a few more Ariana (AAU). The three companies that I slate today are Red Rock Resources (RRR), Tiger Royalties (TIR) and Wishbone Gold (WSBN)
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BMV
BMV
PREMIUM CONTENT

Bluebird Merchant Ventures – small fundraise and opened streaming funding discussions, Buy

Bluebird Merchant Ventures (BMV) has announced it has raised £0.23 million at 2p per share and opened discussions with a streaming fund for the entire capital needed for the development of the high grade Kochang gold and silver mine.
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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Again Challenges $1800

Gold finished the week at $1798 – exactly where it was last week. However, story in between times was that it dropped to around $1770 before pushing back up towards the $1800 mark. Jordan Roy-Byrne, of TheDailyGold.com seems now convinced the bottom is in on Gold’s correction since the heady days 16 months ago at the height of Covid. Now all we wait for is for precious metals to decouple from the general stock market as recession and debt worries bite.
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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Marches Higher And The Fed's Warning Light Is Ingnored

Gold finished the week at $1798, having been as high at $1803 – nicely up on last week’s $1756. Gold mining stocks too headed further up as the recovery since the September low continued, as can be seen on my chart of Gold versus the Gold mining ETFs GDX (major), GDXJ (juniors) and GOEX (explorers):

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Gold

Video: Gold – The Anti-Fiat Bubble

Diego Parrilla is an author, engineer and economist and a gold bug.

AAU
AAU
PREMIUM CONTENT

Ariana Resources – Tavsan JORC Resource increase and more to come?

Ariana Resources (AAU) has announced “a tremendous enhancement for Tavsan, as construction continues on site” as this project is further progressed as a second 23.5% interest gold mining operation here.

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GPM
GPM
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Consolidates Gains

Gold finished the week at $1756, up a tiny smidgeon on last week’s $1751 but essentially unchanged in a week of little US economic data. Gold equities fared a little better and put in another new recent high to continue the run since late September.

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BMV
BMV
PREMIUM CONTENT

Bluebird Merchant Ventures – South Korea and Philippines updates, catalysts imminent, shares could easily more than double from 2p

Bluebird Merchant Ventures (BMV) has issued an update after a management trip to South Korea and having also further progressed local partner negotiations in the Philippines.

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Bear

Video: The Only Year in History when Treasuries have Lost More than Stocks

Asset manager Michael Gayed discusses how insane this year has been and how this is the only year in history where treasuries have lost more money than stocks. The only period it can be compared with is 1931. We’re in very abnormal territory. 1931 was a pretty terrible time too, yet too many folks think this is business as usual.

CNR
CNR
PREMIUM CONTENT

Jim Mellon’s Condor Gold puts itself up for sale (again), better luck second time around

In September 2015 with its shares at 53p Condor Gold (CNR), backed by my old pal Jim Mellon, announced that to maximise shareholder value it was putting itself up for sale. But with no takers by January 2016 and with its shares back at 20p it called the process off. Today: guess what? It is up for sale again! The shares are now 24p! So much progress in almost seven years!

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Bitcoin
PREMIUM CONTENT

Peter Schiff reminds us all of the great lie of shitcoin – the crypto winter may last as long as a Nania winter

The great lie pushed by those supporters of bitcoin and other crypto currencies was that supply of bitcoin was limited by the halving formula. So, we were assured that while promoters of shares or funds or any other asset would always match demand with new supply, bitcoin was different. Of course, that was just misleading.

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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Takes A Breather

Gold finished the week at $1751, down a notch from last week’s $1771 but still well up on recent lows, having put in a high point of $1785 on Wednesday. US economic data offered little to cheer about, and the US treasury market continues to ring all manner of alarm bells. Despite that, US equity markets finished the week on a bit of a high – but for how long?

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CEY
CEY

Centamin – positive Sukari underground expansion news, Buy

Centamin (CEY) has announced what it emphasises as “a significant step towards delivering on our commitment to consistently produce 500,000 ounces per annum from the Sukari Gold Mine”.

AAZ
AAZ

Anglo Asian Mining – a sector sentiment-turning BUY

We’ve recently noted we’re looking for depressed precious and related metals sector sentiment to turn as the production returns still being generated at current prices become clearer and US dollar strength and interest rate hikes expectations prospectively ease. Meanwhile, Anglo Asian Mining (AAZ) recently announced “production figures remain robust, with total production of 14,309 gold equivalent ounces in the quarter” and that it “is making excellent progress on the development of its future new mines”. We see significant further recovery potential, more than 33%, from a current 88p offer price.

Bitcoin

Video: Quoth the Raven - The World is Turning To Gold Amidst Armageddon in Crypto

One of the few serious financial podcasters who swears more than me is Chris Irons, aka Quoth the raven. His latest soundings on gold and shitcoins are music to my ears.

PREMIUM CONTENT

Kefi Gold & Copper shares to double by Christmas?

Kefi Gold & Copper (LSE:KEFI), a gold and copper mine developer with projects in Ethiopia and Saudi Arabia is a company whose shares we think could double by Christmas and here is why.

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AAU
AAU

Ariana Resources – updates on potential catalysts in Turkey, Buy

Ariana Resources (AAU) has issued an update on the work programmes in Turkey it has interests in, emphasising that it is “highly encouraged by the simultaneous and substantial progress being made” on the projects by its 23.5%-owned joint venture.

Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Rushes Higher And The Fed’s Warning Light Flashes Brightly

Gold closed the week at $1771 – strongly up on last week’s $1683 and way better that the recent low around $1620 notched up at the beginning of the month. The US$ has slipped off its perch too: is it (at last) all change?

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PREMIUM CONTENT

Kefi Gold & Copper – Ethiopia security situation update further adds to confidence, Buy

Kefi Gold & Copper (KEFI) has announced that it “is extremely pleased to note the announcement of a permanent end to hostilities in Northern Ethiopia and expresses its determination to do whatever is possible within its business mandate to contribute to the economic recovery plans set by the Ethiopian Government”. We suggest the news bodes very well for near-term progress of the Tulu Kapi gold project for the company.

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BMV
BMV

Bluebird Merchant Ventures shares to double by Christmas

On Friday we wrote an article HERE on 4 shares we thought could double by Christmas. One of the four is Bluebird Merchant Ventures (BMV) at a 1.8p offer.

Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As The Fed Squeezes And Gold Rises

Gold closed the week at $1683, up nicely from last week’s $1646 and back above the apparently all-important $1675 mark. But perhaps the real surprise is that it rose at all, given that the Fed again hiked interest rates by another 0.75% to 3.75-4% and warned of more pain to come. Normally, that would see the yellow stuff weaken, given that the yield on Gold is zero. But instead, someone lit the blue touch-paper.

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Gold

Video: The world is turning to gold as debt resets

Francis Hunt, Founder of “The Market Sniper”  Francis, discusses how demand for physical metal appears to be increasing significantly in the United Kingdom. He says that a lot of interest is coming from those in the financial industry and some of those customers have expressed concerns about their employer’s stability. He says that self-directed pensions in the U.K. are also seeing a move away from equities and into custodial backed physical metals.

Gold

Video: The End of a Rate Hiking Cycle is Great for Gold

Author and political risk analyst Larry McDonald says that he is concerned about the impacts of rate hikes in Japan and around the world. Central banks are very nervous because they can’t assess the damage inflicted by their policies for many months.

SRB
SRB

There's Gold in Brazil and Inflation may Help Make this Local Miner's Share Price Glitter

Hello Share Seekers. Some financial analysts seem to have given up tipping shares altogether, unless they’re recommending shorting them. This old punter rarely suggests you sell shares, so I find it rather hard to find companies to bring before you in these dangerous days. But let’s try a gold miner I rather like the look of.

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Sohail I am not an expert but who is?

I prepare for Halloween with pumpkin carving and soup today. Photos tomorrow.  Sohail says he has given up on gold "experts". I discuss this and then onto another area where there are a lot of "experts" who all talk their own book and it is the same one. I discuss house prices, volumes and stocks who I reckon will have a bad time includfing Purplebricks (PURP) which I expect to go bust in 2024, or possibly sooner

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GPM
GPM
PREMIUM CONTENT

Golden Prospect – Duff Interims but No Problem…..Still A Buy.

Fully-listed (mainly) Gold investor, Golden Prospect (GPM) released its interims to June 2022 last week. With the Gold price slipping over the period and Gold miners underperforming the metal, the numbers were not good – hardly a surprise, given that Golden Prospect’s shares outperform in both directions – but reader Goobs spotted what looked at first sight like it might be a bit of a problemo. I made a few enquiries……

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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Still Goes Nowhere But A Red Fed Warning Light Flashes

Gold finished this week at $1646 per oz, marginally down on last week’s $1658 and almost back to the $1645 of the week before. Gold is going nowhere fast, although the Gold mining ETFs I have been keeping an eye on are still gaining modest strength, as can be seen from the chart below (courtesy of ADVFN).

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PREMIUM CONTENT

Amaroq Minerals – a Buy with significant upcoming catalysts

Previously delayed production and a recent discounted placing are not typically good starting places for a value opportunity. However, in this case, the material fundraise at only a tiny discount in the current extremely challenging stock market conditions and the production it is set to enable with the on-the-ground progress that has been made, suggests a compelling opportunity from a current 37p offer price, prospective £97.3 million market cap.

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PUR
PUR
PREMIUM CONTENT

Pure Gold – Pure Ouzo Time As Fat Lady Hangs In The Wings: Told Y’All

I have been an uber-bear on sub-Standard and TSXV-listed Pure Gold (PUR and TXSV:PGM) ever since first writing about it in April of this year – and that from a Gold-bull. This morning we had news that has me racing for the Ouzo cupboard for my breakfast.

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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Goes Nowhere

Gold finished the week at $1658 – marginally up on last week’s $1645 but essentially unchanged. However, as gold hovers around its recent low, Gold miners have picked up a smidgeon, as can be seen from my chart of Gold vs GDX (Gold majors ETF), GDXJ (Gold juniors) and GOEX (Gold explorers). I discussed a potential M&A frenzy HERE in the wake of three potential bids for AIM-listed Shanta Gold (SHG) and wonder if that might be showing up in the chart.

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MTL
MTL

Metals Exploration – Q3 update, some disappointment but also some outlook excitement

Gold producer in the Philippines, Metals Exploration (MTL) has announced third quarter of 2022 results and that “full access to mine plan Stage 3 was achieved during Q3 2022 and higher grade Stage 3 ore will be accessed during Q4”. How encouraging is this from a current 0.85p offer share price?

PREMIUM CONTENT

Kefi Gold and Copper – emphasises “progress in Ethiopia”, more significant progress to follow: BUY

Kefi Gold & Copper (KEFI) has issued a “Significant Progress in Ethiopia”-titled announcement and the shares have currently responded up to 0.62p. They have not responded further higher (yet) since there are some short-term negatives in the announcement too, but overall there is still progress towards what we consider will be significant share price catalysts in the near-term.

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SHG
SHG
PREMIUM CONTENT

Shanta Gold – Potential Offer: Is A Bidding Frenzy Starting In Gold Stocks?

Shares in AIM-listed Shanta Gold (SHG) shot higher yesterday after the company announced that it had received approaches regarding the potential takeover of the company. Could this be the start of a bidding frenzy in the bombed out Gold mining sector?

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PREMIUM CONTENT

Amaroq Minerals – shares to recover following recent news flow and more ahead: BUY

Shares in Amaroq Minerals (AMRQ), formerly AEX Gold (AEXG), were above 40p in August before recently falling back to below 35p. They’re now back above 35p and we look for further recovery on upcoming news flow and sentiment improving.

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Gold
PREMIUM CONTENT

The Gold View From The Montana Log-Cabin As Truss Is Trussed

Gold finished the week at $1645 per oz, down from last week’s $1695 and back below the apparently all-important $1675 line. So we have had a false breakdown, then a false beak-up and we are back in the doldrums. But in view of what else is going on (even higher interest rates, anybody?), I would suggest the yellow stuff is actually doing just fine.

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Gold

Video: Has Gold Lost Its Safe Haven Status?

Asset manager Tavi Costa believes that we are witnessing an unprecedented economic environment, one with massive withdrawal of liquidity from central banks and developed economies. He says that interest rates and bonds are collapsing across the entire curve and that the dollar’s move up has also been relentless. What is occurring is unsustainable. Tavi discusses how the world’s economies have fallen into three different categories.

Newsboy
PREMIUM CONTENT

The exciting world of gilts and two FTSE 100 names with news flow updates today

It remains an interesting macro world when people who are not that naturally interested in the financial markets become obsessed with what the 10-year gilt yield is. It is a bit like when Barbra Streisand described herself as a day trader in late 1999, changes are upcoming soon. Despite the best efforts of the chancellor the UK is not going to go bust, your corporate pension won’t disappear and it remains very stupid to have a massive amount of cash in your back garden.

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Boom

Video: The Biggest Wealth Destruction Event in History

Ronald-Peter Stoerferle, author of the  "In Gold We Trust" reports is a cheery fellow. He  believes that recession concerns will be the focus in the United States instead of inflation. This may provide the Fed some leeway as the public will be distracted by the economy. Europe will be more concerned with sticky inflation issues as energy problems continue. He says that Europe is definitely in a recession, and it’s quite likely the United States is now as well.

Top-10

Notes from Underground – Most read articles for the week ending 8 Oct 2022

These are the most-read articles and most listened-to Bearcasts of the week. The most read non-Tom non Darren article is “The View From The Montana Log-Cabin As Gold Continues To Struggle And Cash From Ariana Arrives Tomorrow” by Nigel Somerville at number two or number seven if you include Bearcasts.

Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Turns – At Least For Now

Gold closed the week at $1695 – nicely up from last week’s $1661 and comfortably above the apparently all-important $1675 level. But the bigger news from Gold was the rise to almost $1730, which prompted the most bearish Gold-bull, Jordan Roy-Byrne of TheDailyGold.com, to suggest that we may have finally seen the bottom, and that this means that the (downward) break of $1675 was a false breakdown. On the face of it, after last weekend’s depression (the darkest hour is always before the dawn!) things are looking more hopeful.

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Collapsing-Reactor

Video: the bond market collapse will be catastrophic

David Haggith, the publisher of “The Great Recession Blog” is a cheery fellow. He started his website twelve years ago, shortly after the housing bubble. He invented the term the epocalypse, which stands for ‘economic apocalypse’ that will be epic in scope. You could also call it the second great depression. He says, “For the last two years I’ve been extremely accurate.” The corona crisis brought massive amounts of money printing. The Fed can no longer print enough to support the equity markets. We’re going to have plenty of economic breakdowns and damage. It’s hard for people to grasp the rate of change that is occurring.

Gold

Video: Dollars or Gold, Choose Wisely

Gold asset manager Jaime Carrasco of Canaccord Genuity reckons that for gold bulls like him the goood rimes really are abnout to start soon as the world goes to hell in a hand cart. Jaime says, “I’ve been preparing for this storm for a long time, and it’s here. I don’t think we can hide from the global volatility. In 2008, they bailed out the banks, but now the question is who will bail out the governments."

Tom

BREAKING: Jim Mellon, Matt Earl and Malcolm Burne join the fun – Sharestock 2023 now open for bookings

Some folks said that I did not give them enough notice about ShareStock 2022 so they were on holiday, could not find anywhere to stay or had accepted a prior engagement. So for 2023 I am giving you almost a year’s notice of an even more unusual event! We start with some amazing new speakers:

AAU
AAU
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Continues To Struggle And Cash From Ariana Arrives Tomorrow

Gold closed the week at $1661 per oz – up from last week’s $1645, but still below the apparently all-important $1675 mark. It is all a bit depressing, but with incoming cash from the latest AIM-listed Ariana (AAU) dividend of 0.175p per share due tomorrow, the Gold price in Sterling terms within £100 of its all-time high and equity markets in another bear-run, its not so bad.

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AAU
AAU
PREMIUM CONTENT

Ariana Resources – interims, financial and projects progress suggest value: BUY

Ariana Resources (AAU) has announced results for the first half of 2022, noting increased profit of £2.5 million from its 23.5% interest in the Kiziltepe mine in Turkey and emphasising significant activity across its various projects and investments.

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TYM
TYM
PREMIUM CONTENT

It can't be long until Tertiary Minerals needs to raise more cash soon via a discounted placing - avoid like the plague

Tertiary Minerals (TYM) has always been one of those companies that has promised a lot based on the potential of its resources in the ground, yet never seems to make much progress towards actually extracting any of them, whilst burning through cash and having to raise more at regular intervals.

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Confetti

Video: Inflation Cycles have Topped for Now

I am not sure that I agree with this, certainly from a UK perspective I really do disagree as I note HERE. But Larry Williams has been trading for 60 years so experience is on his side not mine.  Larry discusses how bad news sells and everyone has a cognitive bearish bias. If you focus on the bad too much, then reality gets in your way. We saw capitulation in this market back in June. This is typically an excellent point to enter markets.

Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Follows Sterling Downwards

Gold closed the week at a sickly looking $1645, down from last week’s $1676. There was to be no bounce at around $1675. But in a week when the Fed again raised interest rates by 0.75% - the third such hike in succession – you could be forgiven for wondering why Gold has not headed even lower. Inflation remains on the rampage in the US, and until that reverses the Fed is likely to continue hiking…..or until something in the economy breaks, as it continues to gaze into the rear view mirror. Over here, however, the big news was the crunching of sterling in the face of Friday’s non-budget budget. Whilst Gold has been struggling against the US dollar, it raced towards of its year high against sterling and is now just £57 off the all-time high as markets took fright at Truss-onomics.

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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Heads Lower Again

Gold closed the week at $1676, down from last week’s $1717. I had hoped that we might have seen the end of this particular bear by now, but on the back of still uncomfortable US inflation figures, as US Government Bond yields headed higher in expectation of more rate-rises, Gold headed south. The one glimmer of hope is that Gold closed the week almost bang on the recent lows right on Jordan Roy-Byrne’s line in the sand at $1675. Will it bounce from here?

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Gold
PREMIUM CONTENT

From Montana To ShareStock In Wales (By Thirty Yards) As Gold Hangs Around

Gold ended the week at $1717 – hardly moved from last week’s $1713. I, on the other hand, took a trip to Wales – by 30 yards – to attend ShareStock 2022 courtesy of ShareProphets’ esteemed leader Tom Winnifrith. It was an interesting affair - especially as Tom Winnifrith threatened to hurl Optibiotix' (OPTI) head honcho into the river Dee!

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PREMIUM CONTENT

Wishbone Gold – argues significant copper and gold grades, but not ramping about the discounted placing Big Dave?

We’ve noted recent ramptastic proclamations on Wishbone Gold (WSBN) – and it now also emphasises “significant copper and gold grades from drilling in Queensland, Australia”. However, that comes with a discounted placing.

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BMV
BMV
PREMIUM CONTENT

Bluebird Merchant Ventures – South Korea and Philippines progress, Buy

Bluebird Merchant Ventures (BMV) has announced it has opened discussions with potential partners to develop its high grade Batangas gold project in the Philippines and that it is in South Korea this week to finalise the plan to fulfil qualifying spend in accordance with 20-year mining licence terms there. These are encouraging from a current 2.15p share price, below £14 million market capitalisation, here.

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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Just About Holds $1700 & its almost "Disaster" Truss ahoy!

Gold closed the week at $1713 – down from last week’s $1739. However, in Sterling terms it closed at £1488 – up from last week’s £1481, reflecting the weakness of the pound and a reminder of the usefulness of Gold as an insurance policy. The Fed (and the Bank of England under the useless Andrew Bailey) are still talking tough in the face of sinking economies, in the face of rampant inflation. To my mind, they are either bluffing or are heading for massive self-inflicted recessions. In either case, holding Gold is a great insurance.

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Gold
PREMIUM CONTENT

The Gold View From The Montana Log-Cabin As The Fed Is In A Jackson’s Hole

There is an old fable amongst musicologists described in two questions: a) what is it that we try to learn from the great masters and b) why do we fail. The answers are a) how to get out of a hole and b) because they don’t get into one in the first place. This week the economic masters of our time got into a hole – Jackson’s Hole – and are wondering how to get out. The problem is that the economy is itself in a hole – squillions of unpayable debt and acre upon acre of magic money trees – and there is no way out. The solution, of course, would have been not to sink into such debt, financed by printing money, in the first place – but they dare not admit it.

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Bear

Video: The current system is close to collapse, a banking crisis is imminent

This will be music to the ears of Nigel Somerville. Alasdair Macleod predicts that the world is going to hell in a hand cart within months and that we should all buy gold as a result. But then, asd the Head of Research for GoldMoney, this has been his message for a while.

Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As The Fed Plays Butch And Gold Sinks

Gold finished the week at a sickly $1748, down from last week’s more hopeful $1804. Gold stocks have again gone into reverse and the Fed is talking about hiking rates further. It is all grim for Gold bulls…..or is it?

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Malcolm

If You Go Down to the Woods Next Month, You'll Find Top Bears Having a Picnic.

Hello Share Mashers. As my grandpappy used to say, it ain’t what you win on shares that makes you a millionaire. It’s what you avoid losing. That’s why it’s so important to listen to bear raiders. The brave souls who speculate not that companies will succeed, but that they will fail. This is so difficult. Much harder than picking the winners I try to do. 

AAU
AAU
PREMIUM CONTENT

Ariana – Increased Resource At Apliki

There was encouraging news this morning from AIM-listed Gold producer Ariana (AAU) in the form of news from 50%-owned investee Venus Minerals. Venus is supposed to be joining the AIM Casino, and as part of the deal has a conditional 50:50 joint venture ownership agreement with regard to the Apliki copper project in Cyprus, and the Mineral Resource Estimate has been upped to 17 million tonnes of measured, indicated and Inferred Resource at an average grade of 0.34% copper.

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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Economic Data Suggests Upside For Gold

Gold finished the week at $1804 per oz – a useful gain from last week’s $1777 and back through the $1800 barrier. As the economic storm clouds continue to gather, things are looking up for the yellow metal, even if the Fed continues to play hard-ball with now declining inflation as it talks up its capacity to continue raising interest rates into a recession.

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Bear

Video: Buy gold and shares, sell bonds as we head for a decade of inflation

Analyst and writer Kevin Muir  says that investors seem to be having problems understanding the current economy and inflation: those in charge are arguing that this past month had no inflation. The reality is that month over month figures may be indicating that inflation has peaked.  Kevin says that this may cause the Fed may to be less hawkish than most investors are expecting.

Bear

Video: Pricking the largest financial bubble in history

Analyst Michael Oliver pulls no punches.

MTL
MTL
PREMIUM CONTENT

Metals Exploration – after Q2 update, well positioned for a strong second half?

Gold producer in the Philippines, Metals Exploration (MTL) has issued a second quarter update including that it “is well positioned for a strong second half of 2022 as the grade in the mine improves once the higher grade ore in Stage 3 is accessed”.

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AAU
AAU
PREMIUM CONTENT

Ariana Resources – half-year production update and second mine construction “underway”, Buy

Ariana Resources (AAU) has announced half-year production was circa 7% above forecast and that construction operations are underway at Tavsan. What do these mean in relation to a 3.05p share price?

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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Continues To Hold Up

Gold ended the week at $1777, up from $1767 last week, and held up well in the face of a surprisingly strong jobs report in the US last week. That jobs report was good news, supposedly, but following the previous week’s bad news on US GDP which was taken as good news, this week’s positive jobs report was taken as bad news and market fell, with the exception of the Dow Jones index. Hmph!

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CEY
CEY

Centamin – interims, on track for shares to return to way above 100p?

Centamin (CEY) has announced its Sukari mine in Egypt delivered a half-year financial and operating performance in-line with plans with gold production of 203,898 ounces at an all-in sustaining cost of $1,446/oz sold and that “despite cost pressures, the company remains on track to achieve its annual cost and production guidance for 2022”.

Gold
PREMIUM CONTENT

Video: The rush to buy gold is inevitable and will shock everyone says Quoth The Raven

The only financial podcaster who swears as much as me ( perhaps more) and is almost as outspoken as me is Chris Irons, aka Quoth the Raven. In his latest podcast with Palisade Capital he does not hold back.

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CEY
CEY
PREMIUM CONTENT

Centamin – Half Year Results And Dividend, more than I dared hope for

Fully-listed Egyptian Gold miner Centamin (CEY) offered up its half year report to June 2022 this morning, along with an interim dividend declaration. The report seems to have gone down well in the market, with the shares marked up by 2.4% in early trading, and the dividend – 2.5 US cents (just over 2p), to be paid on 7th October – was at the upper end of my expectations, leaving room for a higher full year payout than currently expected, if all goes according to plan.

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AAU
AAU
PREMIUM CONTENT

Ariana Resources – Half-Year Production Report: Tavsan On The Way: BUY

AIM-listed junior Gold producer Ariana Resources (AAU) released its half-year production results this morning, which made for a good read. But the bigger news for me was that construction at Ariana’s second Gold mine at Tavsan has formally started and is expected to be in operation in around 12 months. Hooray!

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PREMIUM CONTENT

Panther Metals – Conditional Placing at just 5.5p, I apologise but persist with my enthusiasm

Standard-listed Panther Metals (PALM) announced a conditional placing this morning, to raise £1.14 million at just 5.5p per share, with one warrant attached for each new share at 8.5p. Given that the shares have been up as high as 14p in the past year, the issue price is a big disappointment ro shareholders like myself – even if the discount to the prevailing price is only 12%. I must apologise for some of my prior enthusism on these pages, but...

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Gold
PREMIUM CONTENT

Recession? What Recession? The View From The Montana Log-Cabin As Gold Continues Rebound

I am reminded of the words attributed to Prime Minister Jim Callaghan during the Winter of Discontent by The Sun. Callaghan denied having said “Crisis? What Crisis?” and today it seems that President Biden is having the same difficulty understanding the word “recession”. He tells us that this doesn’t look like a recession to him – but the standard definition being of two quarters of negative growth says otherwise: US GDP fell by 0.9% in Q2, following on from a 1.6% drop in Q1. That should be ringing alarm bells, rather than being the cue to try to challenge our intelligence.

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AAU
AAU
PREMIUM CONTENT

Ariana – New Exploration Licence

AIM-listed Gold producer Ariana (AAU) has announced the approval of a new exploration licence to  75%-owned Western Tethyan Resources (WTR). This is, of course, good news – even if it is not the news I really want to see.

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CEY
CEY
PREMIUM CONTENT

Centamin – Q2 update a mixed bag, but reasons for positivity

Gold miner in Egypt, Centamin (CEY) has announced that it “delivered the planned increase in production during Q2” and notes various upcoming targets and milestones.

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Gold

ShareStock – Final Main stage speaker announced: gold guru Peter Hambro

I indicated a week or so ago that I was bored by gold’s failure to run higher. Maybe that was a buy signal, as it has, since then, gone up! Is gold a barbarous relic or will it zoom as chaos descends on the West? Peter Hambro has been involved in gold for 50 years - if anyone knows, he knows.

Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin: Is Gold Starting A Rebound?

Gold ended the week at $1728 – up (at last!) from last week’s $1709. It may not be much, but bearing in mind what happened in between times, I wonder if this may be the start of a rebound. Gold has had few friends for weeks and even Tom Winnifrith, a Gold bull (if a bit less madly so than me) was expressing doubts. If even he is having doubts, have we reached capitulation and finally turned the corner?

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Communicating with Amit, O'Hara and a man in a Paddington Dungeon

I end with a few thoughts onb your fires back in Blighty and the relative lack of fires here in Greece and what it says about the global warming scam some folks are pushing. Then dividends, ADVFN (AFN) and Royal Mail Group (RMG). Then Morses Club (MCL) and Optibiotix (OPTI). And I admit to being bored with gold. What does that tell you as I am a real gold bull?

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CEY
CEY
PREMIUM CONTENT

Centamin – Q2 Quarterly Report: Steady As She Goes, BUY

Fully listed Gold producer Centamin (CEY) updated the market this morning with its quarterly report covering the second quarter of the year (April to June). There were good bits (increased production), some not so good bits (costs nearer the top of estimates) and some bad bits (a cash outflow) but reading between the lines, I am optimistic.

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PREMIUM CONTENT

Kefi Gold & Copper – two additional exploration licences and Q2 operational update, Buy

Kefi Gold & Copper (KEFI) has announced the award of two additional exploration licences on initial five year terms through its 30% joint venture in Saudi Arabia and that “positive progress has been made in discussions with the Deputy Minister for Mineral Resources relating to the Jibal Qutman project - anticipated resolution in the current quarter”, as well as a quarterly 'operational update'. What of the shares having responded up to 0.65p to buy?

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PREMIUM CONTENT

Panther Metals PLC – Plenty To Keep Me Interested

Standard-listed Panther Metals (PALM) shares have been struggling of late – nobody wants Gold shares. As a natural contrarian, this is music to my ears even if the value of my handful of shares has been on the slide for some time. Last week brought some news – and the market, largely, ignored it.

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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Slips Further And Inflation Still Rises

Gold finished the week at $1709, down (again) on last week’s $1743. This all seems a bit odd, as inflation figures from the US showed it was still on the rise and Gold is supposed to be the great inflation hedge. If only it were that simple.

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SRB
SRB

There's Not as Much Gold as Coffee in Brazil, but this Modest Miner is Profiting with Some of it

Hello Share Fans. With the Footsie still in a poorly state and inflation attacking the world, it might be a good idea to look more seriously at gold. A miner you may not have come across before is Serabi Gold (SRB). This lot operate producing mines in Brazil.

Beggar

Video: The World in Monetary Chaos

Analyst, Lawrence Lepard, kicks off with a major mining fraud.

Gold

The View From The Montana Log-Cabin As Gold Plunges

Gold ended the week at $1743 – a nasty drop from the $1813 clocked up last week, and according to ShareProphets’ favourite technical analyst, Jordan Roy-Byrne of TheDailyGold.com, down through support at $1780 and $1750. So is it time to give up my hermit existence and return to normal life? Not a chance!

HAT
HAT
PREMIUM CONTENT

H&T Group – positive trading update and acquisition

H&T Group (HAT), the UK's largest pawnbroker and a leading retailer of new and pre-owned jewellery and watches, has announced a half-year trading update and an acquisition.

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Bear

Video: The Pain for Equities Isn’t Over

If you think that the worst for shares is over, think again, says analyst Chase Taylor

Gold
PREMIUM CONTENT

Don’t forget the golden rule: whoever has the gold makes the rules

Straws blowing in the wind are often said to presage great tempests and I believe that this chart shows just such a straw.

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Gold

Video: Central Banks Admit They have Lost Control of Inflation - gold should be at $3,000 oz

Jaime Carrasco predicted inflation, as the marginal usefulness of excessive debt declined. There is plenty of evidence that a currency reset is coming; Governments' taking on the debts of banks proved this. Global trade patterns are rapidly shifting, and gold is part of that equation.

That's Gold in Greenlands' Icy Mountains and this Small Miner Expects A Glittering Future

Hello Share Seekers. You might think gold companies share prices would be doing better than they are given the pressure on currencies caused by the Ukraine war, Covid and inflation. But maybe the rise has just been delayed and will soon bear fruit. Which brings me to AEX Gold (AEXG), of which Tom and Steve are fans. Devotees of that great Danish political thriller, Borgen, will be interested to know that AEX searches for gold in Greenland.

Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Continues to Drift

Another week, another slip in the Gold price: it closed this week at $1813, down from $1827 last week. But as real yields rise, Jordan Roy Byrne of TheDailyGold.com comments that one might have expected Gold to show rather more weakness than it has – especially with the US Dollar still on the rise. That it has not fallen off a cliff suggests that the market is already sensing an abrupt reversal of course by central banks.

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AAU
AAU
PREMIUM CONTENT

Ariana – 2021 Full Year Results

AIM-listed Ariana Resources (AAU) has released its FY21 numbers this morning – and not a day too late! The highlight for me is the cashpile of £16.4 million at year-end: no funding worries here, then, and the final tranche of the special dividend arising from the part sale of Ariana’s Turkish assets is due on 3 October. But there is much more than that!

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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Drifts Lower (For Now)

Gold finished the week at $1827 – down a little from $1840 a week ago as the divergence from the general stock market continues. Of course, I view stock market strength as…..ahem……transitory, to coin a phrase, so if Gold is diverging that is good news for Gold Bulls. If only this final roll-over would hurry up!

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AAU
AAU

Ariana Resources – “significant progress” across projects, Buy

Ariana Resources (AAU) has announced significant progress across its projects, “most notably" the construction of Tavsan, with associated development activities being ramped up.

BMV
BMV
PREMIUM CONTENT

Bluebird Merchant Ventures – Kochang potential larger than expected: BUY

Bluebird Merchant Ventures (BMV) has announced that work has suggested ore inventory and future production may be larger than previously expected at its Kochang project.

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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As The Fed Hikes Rates And Gold Goes All Over The Shop

Gold finished this week at $1840 – down from last week’s $1872, but a good recovery from the drop to test $1810 in the wake of the Fed’s rush of blood in raising interest rates this week by 0.75%, accompanied by the suggestion that we could be in for the same again at the next meeting. The Fed wants us all to know that it is taking inflation very seriously. Very seriously indeed.

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Beggar

Video: It’s Too Late to be Defensive

Analyst, Charles Nenner, believes it is too late to make your portfolio defensive, as things will worsen across the board.

Moneytree
PREMIUM CONTENT

Dodgy UK GDP growth…but we know what the Bank of England will do on Thursday

It continues to be interesting times for all financial market investors. You may have seen that the UK’s April GDP numbers were down, driven by reductions in the services, manufacturing and construction areas i.e. a bit of almost everything. All good fun then! Still, I read that general economic progress was apparently “partially offset by growth in car sales, which recovered from a significantly weaker than usual March”. How exciting (and how might that continue over the rest of this year?). And I bet you cannot guess what the Bank of England might do - for the fifth time in about six months - on Thursday.

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PREMIUM CONTENT

AEX Gold – strategic minerals joint venture heads of terms, a financial game changer? BUY

AEX Gold (AEXG) has announced a new joint venture - in which it will have a 51% holding - for its 'strategic minerals' assets, which will see an £18 million (circa Canadian $28.5 million) cash injection. This leaves AEX's gold 100%-owned, and just refers to non-gold assets that most folks - ourselves included - had valued at SFA. Suddenly, they are worth £18-28 million. Game changer?

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AAU
AAU
PREMIUM CONTENT

Ariana Resources – News Soon To Add Value? You bet! BUY

It has all gone quiet at AIM-listed Ariana Resources (AAU) but I fancy that things are about to hot up, which may make the shares a short-term buy in advance. Of course, I seem always to find a justification for buying Ariana shares and my target price is not far off double the current mark at 3.75p. But the company is pregnant with news, much of which is due by the end of this month.

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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Shows Signs Of Decoupling

Gold finished the week at $1872, nicely up from last week’s $1851, following a day of yet more bad US inflation numbers and a corresponding sell-off in both equities and bonds. Gold initially followed the market down, but then rallied. Is this a sign of a decoupling which would see the yellow metal head sharply north as equities head the other way?

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Black-Swan

Video: Gold, miners and guns - why Governments will want all three, Quoth the Raven

From one foul-mouthed host to another. Chris Irons is Quoth the Raven, and never holds back; in fact, his language is far worse than mine.  

Kefi Gold & Copper – 2021 results, an ahead of Tulu Kapi project debt financing Buy?

Kefi Gold & Copper (KEFI) has announced calendar year 2021 results and emphasises now a “focus on a sequential development path to build a mid-tier mining company with aggregate annual production of 365,000 ounces of gold and gold equivalent, in which KEFI will have a beneficial interest of 187,000 ounces of gold and gold equivalent”.

Gold

Video: the dollar will collapse & gold will soar

Asset manager David Brady believes another massive rally is coming for gold and that the Fed will reverse course. Countries never chose to default they always inflate their debts away. Markets today are centrally managed. What we have is not free-market capitalism.

Confetti

Video: Don't believe in Fiat currencies, says Rick Rule

Legendary mining investor, Rick Rule, pulls no punches. He critiques governments for being so corrupt, and why they prefer fiat systems. Then, he explains the difference between backing a currency, and pegging it to a commodity.

Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Stocks Show Some Signs Of Recovery

Gold ended the weeks at $1851 – almost unchanged on the previous $1854, but in between times headed down to $1830 and then up to $1870 before heading back to where it started the week. Pleasingly, Gold stocks did a little better by more-or-less continuing the recovery from a low ebb in May, but the underperformance against the yellow metal remains stark.

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PREMIUM CONTENT

AEX Gold – Q1 and strategy update, potential production and exploration Buy

AEX Gold (AEXG) has announced first-quarter results, emphasising that its strategy remains to bring the Nalunaq gold project back into production, and use it as a platform for strategic mineral assets in Greenland.

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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Tries To Rally

Gold closed the week at $1854 – a small improvement on last week’s $1847, but not yet enough to cure the sell-off in Gold stocks (although they did improve this week). So when are we going to see the great explosion I have been looking for since the start of the Covid crisis? I don’t think it will be long.

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ARS
ARS
PREMIUM CONTENT

The Asiamet deal with DOID continues to drag on, but I'm happy to hold as there is real value here! BUY

Asiamet Resources (ARS) is a great example of what happens to a share that the market has totally lost confidence in and how a major, company-making piece of news is likely to be needed in order to bring about any sort of change in sentiment.

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AAZ
AAZ
PREMIUM CONTENT

Anglo Asian Mining – 2021 results, production boost ahead

Miner in Azerbaijan, Anglo Asian Mining (AAZ) states that it “is pleased to announce its final audited results for the year ended 31 December 2021”. However, the shares are down to 85p to buy in response.

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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Stocks Are Pulled Down

Gold has had a pretty terrible few weeks: back in late February it spiked to $2050 and then hung around in the mid-$1900s until the end of April. Now it has been challenging $1800 from above and closed the week at $1847. Of course, in the context of being just $1200 for years ago the yellow metal has done well, but given all that money-printing and rampant inflation one might have expected more of late.

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Gold

Video: Stay in cash now, look to buy gold in H2

Analyst, Chris Puplava, argues that Fed rate hikes don’t always result in recessions. He believes there is no spare capacity to compensate for a slowdown and, therefore, the Fed is limited in its ability to control inflation. The November elections are always a factor, and he doesn't expect the Fed will tighten aggressively into the fall. Mortgage rate hikes, he argues, are already impacting the housing markets, as the interest rate pain threshold has been more pronounced with every debt cycle.

PREMIUM CONTENT

AltynGold – Q1 update, shares up but subsequent detail to spark them further?

Gold miner in Kazakhstan, AltynGold (ALTN) states that it “is pleased to announce its 1Q22 production update” and the shares have moved up to 130p, so what’s the latest?...

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Kefi Gold and Copper – progress in Ethiopia “on track". Buy.

Kefi Gold & Copper (KEFI) has announced recent advancement toward multi-party financing, as well as further development of the Tulu Kapi gold project in Ethiopia.

AEX Gold – adds further exploration potential, still a Buy

AEX Gold (AEXG) is pleased to announce its addition of mineral exploration licences No. 2020-41 and 2021-11, covering areas in South Greenland.

GoldfishShark
PREMIUM CONTENT

Another Blast From The Past As Medusa Mining Morphs Into Ten Sixty Four

I can’t say I’ve followed the affairs of ASX-listed (and formerly of the AIM parish) Medusa Mining (ASX:MML) since it departed our shores. But on Monday – for anyone still holding – the company is changing its name to “Ten Sixty Four”, ticker X64. So apart from the silly new name, what’s going on?

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Gold
PREMIUM CONTENT

London landlord potential excitements? Yawn…I still prefer investment world gold

I read in the Sunday press that West End landlords Capco (CAPC) and Shaftesbury (SHB) are in talks about a £3.5 billion merger. Of course many will highlight some combination of their discounts to book value and how exciting it would be to bring together the owners of “landmarks including Covent Garden and Carnaby Street”. My personal view is that if I never see Covent Garden or Carnaby Street ever again that will be no great loss, but maybe lots of other people have a different view. 

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Gold
PREMIUM CONTENT

The View FromThe Montana Log-Cabin As Markets And Gold Continue To Take A Bath

That was a rip-roaring week! One might be tempted to suggest that equity markets do not know what they want: they were sliding ahead of the Fed’s rate decision in fear of a rate hike. When they got it (a half point rise) they went up. And when the dust settled they went down again. Gold and Bonds did much the same.

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Fake_News

Video: Five Drivers For a Commodity Bull Market

Biy do I like economist Steve Hanke.  He concludes this interview with a claim that 95% of what appears in the Mainstream Media is wrong or irrelevant. As I work on my next Ukraine podcast, how right the good Professor is.

RRR
RRR
PREMIUM CONTENT

Red Rock Resources – interims, time for action not words from Andrew Bell

Red Rock Resources (RRR) has announced results for its half-year ended 31st December 2021, with Chairman Andrew Bell emphasising “there will be a strong focus on cash generation and creating opportunities for value crystallization”. Time for action, not words though Andrew!

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PREMIUM CONTENT

Panther Metals – FY21 Numbers And Drilling News From Down Under

Standard-listed Panther Metals plc (PALM)  released its full-year numbers to December 2021 last week, and this bank holiday morning we had drilling news from its 37%-owned sister company in Australia, Panther Metals Ltd (ASX:PNT).

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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Everything Bubble Deflates, Dragging Down Gold: Bring Back Arthur Scargill!

Everything is going down: shares, precious metals, bonds – it is all one way traffic south. The Nasdaq is now officially in a bear market, and has seen all of last year’s gains wiped out. The Dow is down from almost 37,000 at the turn of the year to 32,977 and all the US indexes slumped into yeserday’s close. But Bonds are also falling, and Gold had a poor week too – perhaps no surprise, given the general sell-off.

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MTL
MTL

Metals Exploration – Q1 update, some disappointments but cash generation potential still clear

Gold miner in the Philippines, Metals Exploration (MTL) has announced an update on the first quarter of the year and that it is “well set to continue to deliver our planned strategy for the coming year”.

HUM
HUM
PREMIUM CONTENT

The latest Hummingbird Resources operational results were horrendous - bring me my bargepole!

At one time I quite liked the look of Hummingbird Resources (HUM) and its gold mining operations, but unfortunately, like so many AIM listed resource stocks, its potential looked better than what it hasactually turned out to be!

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Gold

The View From The Montana Log-Cabin As Gold (And Everything Else) Sells Off

That was quite a week – having started in risk-on mode, all the major indices were slapped down on Friday, US treasuries fell away yet again and gold and silver slumped as the week drew to a close. Gold ended the week at $1,932, down from $1,974 a week ago, having bounced off resistance at $2,000. Meanwhile the Dow closed down 2.8% on Friday, alongside a 2.6% drop on the Nasdaq and a 1.4% fall from the FTSE100. The 10-year US Treasuries closed the week on a yield of 2.9% whilst 2-year hit 2.67%. The reason for the end-of-week squall was the Fed.

PUR
PUR
PREMIUM CONTENT

Pure Gold - All That Glitters…..Ouzo Time Already?

Having posted my thoughts on sub-Standard-listed Pure Gold (PUR) - dual listed in Toronto (TSXV: PGM) - over the bank holiday weekend, today we had an update from the company. And it was not good - my conclusion at the weekend was that it was more a case of Fool’s Gold than Pure Gold and this morning I was totally vindicated. Is it time for an Ouzo already?

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CEY
CEY
PREMIUM CONTENT

Centamin – Q1 update, production fall expected and we can now look to better times ahead

Centamin (CEY) has announced a quarterly update including “as planned, Q1 2022 production reflected the successful transition to owner mining in the underground… reiterates its 2022 full-year guidance”, so what of a share price response currently down closer to 90p?

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