Streetwise Articles
Clive Maund: The Mining Sector Resembles the Somme Battlefield
Source: Special to The Gold Report (10/7/13)
Technical trader Clive Maund, the force behind CliveMaund.com, tells The Gold Report that the prolonged naked shorting of precious metals stocks has been immensely destructive to the sector and has left a battlefield littered with corpses, like the first day of the Battle of the Somme. The silver lining: He believes his charts are showing a Head-and-Shoulders bottom, which could signal an excellent entry point. That is good news for the companies Maund highlights, which he believes are strong enough to survive the onslaught.
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Diversified Miners Pin Hopes to Iron Ore and China
Source: Alex Williams, Mineweb (10/7/13)
"Record export figures from Western Australia's Port Hedland suggest iron ore miners BHP Billiton, Fortescue Metals and Atlas Iron are set to report strong quarterly earnings in the coming two weeks."
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Quality over Quantity Stressed at Colorado Conferences
Source: JT Long of The Gold Report (10/4/13)
If it is fall, it must be conference season in Colorado. The Denver Gold Forum, held Sept 22–25, was an invitation-only event billed as featuring seven-eighths of the world's publicly traded gold and silver companies measured by production. It was preceded by the Precious Metals Summit in Beaver Creek, which focused on smaller, emerging companies, some 90 of them with market caps of at least $20 million. Attendees included analysts, fund managers and institutional investors eager to hear updates on companies they own—or may want to own in the future. The Gold Report Publisher Karen Roche and Associate Publisher Jason Mallin were there and brought back this report.
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What Gold Miners Are Thinking Today
Source: Frank Holmes, Frank Talk (10/4/13)
"Having one-on-one conversations with numerous executives from gold companies is an invaluable way to evaluate the state of the gold mining industry."
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How Does Top Resource Fund Manager Brian Ostroff Invest in Domestic Peace of Mind? Two Words: Gold and Phosphate
Source: JT Long of The Gold Report (10/2/13)
International uncertainty about conflict, growth and market transparency can make the world a scary place to invest your life savings. In this interview with The Gold Report, Windermere Managing Director Brian Ostroff focuses on North American gold and phosphate stories that offer an alternative to risky jurisdictions and can be profitable at even conservative resource prices. By understanding the unique supply and demand factors for each subsector, he isolates the opportunities that often get buried in the big, bad commodity basket.
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Bob Moriarty: Ignore the Noise and Profit from Gold's Volatility
Source: JT Long of The Gold Report (10/2/13)
Opining that Fed Chairman Ben Bernanke has put a stake in the heart of the dollar, Bob Moriarty of 321gold advises people to invest in something real or be prepared to see their investments go to money heaven. Attributing many of the declines in share prices to irrational behavior, he tells The Gold Report about several of the bright companies now selling at "absurdly cheap" share prices.
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Rick Mills: Greenland Is the Final Frontier for Lower-Cost Mining
Source: Kevin Michael Grace of The Metals Report (10/1/13)
Industrial minerals like copper and nickel are essential to global economic expansion. But everywhere you look, grades are getting lower, and costs are getting much, much higher. Is there a way out? Rick Mills says mining companies need to look to Greenland. In this interview with The Metals Report, the owner and host of Ahead of the Herd.com lauds the world's largest island for its vast resources, its one-stop regulatory system and its year-round access to ocean transportation.
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Why Don Coxe Expects Gold to Soar on Good Economic News
Source: Peter Byrne (9/30/13)
The standard wisdom on gold is that it does well in times of economic bad news such as in the 1970s, a period of stagflation and recessions, when the yellow metal rose from $35/oz to peak at $850/oz in 1980. But this time, Don Coxe, a portfolio adviser to the BMO Asset Management, believes things are different. In this interview with The Gold Report, Coxe explains why gold will rise when the economy improves.
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McKinsey Report: Commodities Supercycle Dead? Hardly.
Source: Dorothy Kosich, Mineweb (9/30/13)
"Over the past 13 years, the average annual volatility of resources prices has been three times what it was in the 1990s, resulting in a new era of resource price supercycles."
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Seeds of Change: Gold Price Hints at Better Economic Times
Source: Mary Anne and Pamela Aden, The Aden Forecast (9/30/13)
"On a brighter note and thanks to the Fed, we're seeing some positive signs in the markets. The stock market, for instance, has been on the rise, telling us that better times lie ahead. Interestingly, gold and bonds are telling us the same thing and we'd be foolish not to listen."
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See No Evil: Silver Price Manipulation Probe Dropped
Source: Tony Daltorio, Money Morning (9/27/13)
"This decision highlights the fact that regulators face very stiff obstacles in proving market manipulation despite the expanded powers the CFTC received in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act."
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An Investing Opportunity of a Lifetime: Lessons from the Sprott Precious Metals Roundtable
Source: Moderated by John Budden of Sprott Resources (9/25/13)
What happens when you bring together four of the top minds in the precious metals investing space to share insights from the front lines of gold, silver platinum and palladium investing? These excerpts from a Sprott Resources Roundtable featuring Gloom, Boom and Doom Report Publisher Marc Faber, Sprott Asset Management Chief Investment Strategist John Embry, Sprott Global Resource Investments Founder Rick Rule and Sprott Asset Management Founder Eric Sprott prove that great minds think big.
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Search for Speculative Juniors with the Potential to Soar: Michael Curran
Source: Kevin Michael Grace of The Gold Report (9/25/13)
In the fall, an investor's fancy returns to the market. Michael Curran of Beacon Securities believes that the end of the summer doldrums could result in gold reaching a high of $1,500/oz this year. In this interview with The Gold Report, Curran argues that investors should pay particular attention to speculative plays with modest potential downsides and exciting potential upsides.
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Look Beyond Gold for Compelling Risk/Reward Ratios: Michael Curran
Source: Kevin Michael Grace of The Metals Report (9/24/13)
Diversify, diversify, diversify—that's Michael Curran's advice for metals investors. So if you've been obsessively eyeing gold and silver prices, you might want to focus your attention elsewhere in the mining sector, says the Beacon Securities mining research analyst. Nothing wows the market like discoveries, and exploration success in the copper, zinc and uranium spaces are making some shareholders very happy indeed. In this interview with The Metals Report, Curran shares his top speculative picks for a diversified mining portfolio.
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Sprott's Charles Oliver Sees the Shine Returning to Metals
Source: Brian Sylvester of The Gold Report (9/23/13)
Has the gold price hit bottom? Charles Oliver, senior portfolio manager with Sprott Asset Management, believes that the fundamentals are in place for gold to vault from its downturn—possibly topping $2,000/oz in the next year. In this interview with The Gold Report, Oliver talks about which small-cap miners he's been adding to his portfolio before the market recognizes the illogical discounts.
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Precious Metals 'Back to Status Quo' After Fed Surprise
Source: Adrian Ash, BullionVault (9/23/13)
"Both the price of gold and silver recovered early losses Monday morning in London, regaining a 1% and 2% drop respectively as world stock markets slipped with commodities."
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Pro-Or Seizes Market Opportunity with Platinum Recycling Technology
Source: J. Alec Gimurtu of The Metals Report (9/18/13)
The largest end-use application for platinum group metals, automotive catalytic converters, is also North America's largest potential source. Every year, nearly 15 million North American cars expire—and recycling the platinum group metals within them is far cheaper than building a three-mile mine shaft in a faraway country. In this interview with The Metals Report, Sylvain Boulanger, CEO of Pro-Or Inc., describes how his company's technology improves recoveries, simplifies the supply chain and reduces costs.
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Brent Cook: Do NI 43-101s Provide a False Sense of Security?
Source: Karen Roche of The Gold Report (9/18/13)
Many mining companies find themselves in a high-grading dilemma, according to Brent Cook, publisher of Exploration Insights. As companies deplete higher grade reserves, they have to acquire new deposits. But unless you are a geologist, don't look to NI 43-101s to always give you reliable information about the quality of a resource. They often don't provide the data needed to make intelligent decisions, says Cook in this interview with The Gold Report. Cook is interested in investing only in world-class deposits and shares some of the names on his list.
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Paul Renken: It's Time for Retail Investors to Capture Metals Upside
Source: Brian Sylvester of The Metals Report (9/17/13)
When gold and silver took a plunge, institutional investors went bargain shopping right away, says Paul Renken, mining analyst with VSA Capital. Now it's time for retail investors to ride upside momentum in copper, zinc, tungsten and phosphate. In this interview with The Metals Report, Renken shares his outlook for base and minor metals, as well as the companies that could outperform on the back of climbing commodity prices. (Hint: It's not usually the majors.)
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Is the Peruvian Government Becoming More Mining Friendly?
Source: Brian Sylvester of The Gold Report (9/16/13)
With a credit rating higher than Mexico and Brazil, Peru should be high on the list of mining investors, but confidence has been shaken over the last few years when the government revoked some high-profile mining licenses. According to Lima-based Kallpa Securities Managing Director Ricardo Carrión and President Alberto Arispe, recent government actions might signal a reset, with the government even acting as a mediator between mining companies and the local communities. In this interview with The Gold Report, Carrión and Arispe detail the state of mining exploration in Peru and discuss companies actively exploring, including one that just received its long-awaited environmental approval.
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The Platinum Series: Part II
Source: Visual Capitalist (9/16/13)
"The entire world supply of platinum is far less than gold or silver."
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Summers' Fed Exit Fails to Spur Precious Metals
Source: Adrian Ash, Bullion Vault (9/16/13)
"Former U.S. Treasury Secretary Larry Summers last night withdrew from being considered for the role of U.S. Federal Reserve chief, citing strong political opposition."
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Historic Buying Opportunity Coming in Gold Stocks
Source: Jordan Roy-Byrne, The Daily Gold (9/16/13)
"The first reason I expect a retest is the current recovery has veered off historical course."
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Historic Buying Opportunity Coming in Gold Stocks
Source: Jordan Roy-Byrne, The Daily Gold (9/16/13)
"The first reason I expect a retest is the current recovery has veered off historical course."
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