Since December 2015, each time the Federal Reserve Open Market Committee (FOMC) begins to telegraph an interest rate hike the gold sector sells off into the announcement of that hike. And each time the Fed raises, the news is greeted with a short-cover bounce in the precious metal miner sector...

As I type this missive, gold has lost strong support at the $1260 level and is being sold briskly into the release of the US Non-Farms Payroll (NFP) report for November, which will be issued to the market by the time this article is posted...

While the precious metal miner sector continues to wander aimlessly into year-end, historically low volume in the GDX has made the miners nearly impossible to trade successfully. The dreariness of the major miner ETF has done a marvelous job of keeping investors out of most...

The gold price has been rising this week buoyed by two major events happening simultaneously in Saudi Arabia, the world’s second-largest oil producer and single biggest oil exporter. The first was a thwarted missile strike on the Riyadh airport...

I was unable to post a weekly column to Kitco this week as I was on a site visit in Western Australia to see the Novo Resources highly controversial Karratha region project. Since writing two separate reports about the company, (you can access them both here and here) I have been anxious to visit...

For the past few weeks, I have been erring on the side of caution in the Gold space. To the mainstream investor who is primarily involved in a parabolically rising stock market, gold appears of little interest at the present moment. With US equities making all-time highs...

In last week’s missive, I warned of more probable weakness in the precious metal miner space as we head into the the next Federal Reserve Open Market Committee (FOMC) meeting on November 1st. Earlier this week, after the monthly meeting of the European Central Bank (ECB) was concluded...

As mentioned in my article from earlier this month, the US equities have begun a parabolic move which has kept pressure on the gold sector. With investors in “risk on” mode, they have little interest in the gold space at this time. Late last week...

As the precious metal miner sector continues to trade sideways this year, I would like to bring to your attention five development stage projects which I believe stand a very good chance of being acquired by a global miner within the next 12-18 months...

The month of October has historically not been very kind to over-valued US markets, especially a market which has been long over-due for a 10-15 percent correction. But the “Most Hated Bull Market in History” (dubbed by a few sector pundits) has now begun to do the exact ...

At the recently concluded Denver Gold Forum, there was a presentation given by the high-profile hedge fund Paulson & Co. which has caused quite a stir in the mining space. The presentation entitled “Gold Equities: Myths, Dreams and Reality” was given on September 26th by Paulson & Co...

Last week, I mentioned the possibility of strong support levels in the gold sector, which were previously resistance zones, being tested in the wake of the Federal Open Market Committee (FOMC) meeting speech on September 20th...

With stocks in rally mode this week, gold is taking a break after having a two month move of over $150 higher which included breaking major long-term resistance (now support) at the $1300 level. This correction is not surprising considering how short-term over-bought the sector had become...

Earlier this year, in mid-February, I drew to your attention the on-going mining resurgence of the White Gold District in the Yukon, the smallest and westernmost of Canada's three federal territories. The article, which you can find linked here, discussed the rise of global major...

Despite most big money traders and fund managers still being on vacation, the gold price has broken and held above strong resistance at the $1300 level on a monthly basis. The GDX has responded in kind with a close well above the $24 level, which so far this year has been strong monthly resistance in the major miner ETF...

The two emotions mentioned in the title of this article have been synonymous with the precious metal miner sector for the past five years. The fear comes rushing into the sector when the miners are subjected to sharp corrections which have happened frequently since the gold price lost very strong support at $1500 in 2013...

Back in April of this year, I wrote an article entitled “Novo Resources Presents a Golden Opportunity” , which was about the massive potential of a micro-cap Canadian junior exploring for elephant sized gold deposits in Western Australia. As you are probably aware by now, the stock has become the most talked about junior...

The second leg of the precious metal miner bull appears to be just about ready to begin. The July trading action in the sector was typical for this time of year while the 12-month consolidation of the initial 179% impulse move in the GDX has traded sideways on historically low volume...

The gold miner consolidation, which began in early August of 2016, is giving us strong signals of being close to ending soon. Miner ETF traders have been treated to multiple whipsaw moves since the beginning of June, making it nearly impossible to successfully trade the sector...

On August 16, 1896, George Washington Carmack and two of his Indian friends found a large gold nugget while fishing in Rabbit Creek (soon to be named Bonanza Creek), a tributary of Canada’s Klondike River in the Yukon. 

I recently completed the Yukon Mine Site Tour which was hosted by the Yukon Mining Alliance. It was a spectacular 6-day event which took me to several of the best resource projects in the territory...

As the summer doldrums in the precious metal mining space are coming to a close, many of the best in class juniors have formed year-long accumulative bases in their respective charts. Since the beginning of this year, I have been recommending sector participants to scale into the junior developer/explorers and early stage...

Earlier this week, the gold sector appeared to be heading for a breakout after the miners had been lagging the gold price for the past three weeks. On Tuesday, June 6th, the miner sector finally decided to join the bullion party and had a very nice upside move while gold raced toward the $1300 level...

The gold sector has been particularly difficult to gauge during the past few months of trade. Gold miner participants have been whipsawed between numerous market catalysts, as the lagging GDX action in relation to the recent gold surge has had investors on edge...

I always look forward to attending the various mining conferences which are held each year in the beautiful city of Vancouver, British Columbia, in Canada. The mining industry is filled with fascinating and colorful people, and I always come away with a wealth of information, which I can apply to my miner sector knowledge base.

In the Federal Reserve’s perfect world, the Feds fund rate would permanently remain between 2 and 5 percent, which would be the “sweet-spot” that maintains a healthy economy. This ideal economy would have gross domestic product (GDP) growth between 2 and 3 percent annually and an unemployment rate below...

The minutes from the last Federal Reserve policy meeting held on May 2-3rd were released this week on Wednesday, May 24th. The GDX Major Gold Miners Index Fund had been selling off into this release since last Wednesday, towards support at $22...

The precious metal miner sector began trading this week with yet another news release of a global miner taking over a junior developer. On May 15, Eldorado Gold Corp. (EGO) agreed to buy the remaining shares of small-cap developer/explorer Integra Gold Corp, to expand its mining opportunities in the Eastern Abitibi...

The precious metal miner consolidation process continues to frustrate participants as we head into the all too familiar “summer doldrums” period, which is now being anticipated by most sector pundits...

The gold sell-off below its 200-day moving average, which the miners were predicting by beginning a harsh decline three weeks ago, has happened quickly. While the selling in the miner sector was nearing over-sold territory, the Federal Reserve 2-day meeting speech this past Wednesday, May 3rd, revealed no change in the...