Gold market thoughts…various points to consider, things to know..August 28, 2021

                  Gold Analysis is not like mathematics or engineering and can be very mentally debilitating. Two plus two doesn’t equal four most of the time, often it equals three, then seven, then ten. Truly and above all, investing in precious metals demands patience. American founding father, scientist and brilliant inventor Benjamin Franklin stated in 1760 that ‘“he that has patience will have it all.” Yet, most investors cannot tolerate the brutal volatility and sharp price declines that occur in the precious metals and the metals stocks. Is gold in a bull market? Yes it is and it has been since its bottom in 2013. However, it depends on which companies’ we are talking about. Some gold mining and exploration companies’ shares have had moves up in price from 50% to over 900%-and more during the last eight years. In our opinion & based upon our analysis, we foresee a larger more encompassing bull market in the precious stocks is commencing.  Most juniors (small exploration companies) have languished. But it depends on what is included in the bull market as most have not moved to the degree that could be designated as in a bull market. The fact is that most exploration companies do not have nor have reported sufficient resources/reserves to justify them as being more than mere speculations….Yet for years the largest returns for investors have been in the junior exploration companies that reported excellent exploration results. The fact is that most brokerage recommendations are made long after […]

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Gold View still stands…..

Points on Gold and Gold/Silver stocks…..be aware! Posted on July 15, 2021 | By KCGrainger on www.Canadianmineanalysis.com  1-Do we have a valid “bull market” in precious metals and the metals stocks?   Yes, but we have had a “bull market” for six to seven years in many precious metals stocks and base metals stocks as well yet many have continued to be in a bear market. Some of our stocks have moved up from 100% to 1000%…many are up 300% to 400% and much more.  But we must keep in mind that many have not moved- except down and many will later fail. We generally expect a large percentage of our choices to fail. However by choosing carefully, the successes more than make up for the failures. 2-Are the metals such as Gold and Silver still being manipulated?    Yes, they are primarily manipulated by the professionals; on some days we have seen futures trades that would be equal to more than one month’s world production in gold done in minutes. Keep in mind that they were in reality “paper” trades and not true gold bullion. 3-Are the fundamentals for the metals positive? Yes, Yes, Yes!                                                                                           The demand statistics (contrasting the available supply of gold bullion and silver too)are overwhelmingly strong. We will explain this later with statistics. 4-In 1997 the average industry cost to find one ounce of gold was approximately $12 per ounce, and today the average industry cost is approximately $110 per ounce. Thus Gold is now more difficult and far more expensive to find as well. 5-The […]

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