David Erfle on Mining’s M&A Wave, Copper Crunch, and Gold’s Next Phase
(Kitco News) – Consolidation in the mining industry is accelerating, but not every deal is winning investor support, said David Erfle, founder of JuniorMinerJunky. Speaking with Kitco Mining’s Digging Deep, Erfle warned that Coeur Mining’s planned US$7 billion all-share acquisition of New Gold, which would create a US$20 billion North American precious metals company, raises red flags for shareholders.
Read moreSupreme Court case on Fed Governor Cook could drive next $500 gold rally, says StoneX’s O’Connell
(Kitco News) – Fear that the Federal Reserve will lose its independence has been a significant factor behind gold’s rally to record highs, and according to one market strategist, it could lead to the next $500 move.
Read moreS&P/gold ratio at critical support levels and could create new momentum for the yellow rock, says Bloomberg’s McGlone
(Kitco News) – Persistent expectations that the Federal Reserve will continue easing interest rates and supplying global financial markets with liquidity have been driving both gold and equity markets higher.
Read moreBullish charts propel gold, silver prices strongly higher
(Kitco News) – Gold and silver prices are posting very sharp gains, with gold and silver hitting three-week highs and silver near its record high in midday U.S. trading Wednesday.
Read moreDid you miss the dip? Analysts see new bullish potential for gold as prices hold above $4,100
(Kitco News) – Gold’s break above $4,100 has slowed, but analysts note that bullish fundamental factors continue to point to further upside risk for the precious metal.
Read morePrice gains in gold, silver, on technical buying
(Kitco News) – Gold and silver prices are higher, with silver hitting a three-week high, in early U.S. trading Wednesday. The near-term technical postures for gold ands silver have turned more bullish recently, which is inviting the chart-based specula…
Read moreBitcoin November 12 daily chart alert – Quieter at mid-week; bears keep their edge
(Kitco News) – Wednesday, November 12–November bitcoin futures prices are firmer in quieter trading early Wednesday. Not much new, technically, at mid-week.
Read moreGold market analysis for November 12 – key intra-day price entry levels for active traders
(Kitco News) – This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
Read moreTether expands precious metals ambitions as gold demand fuels digital boom
(Kitco News) – Growing economic and geopolitical uncertainty has propelled gold prices to record highs this year, and the insatiable appetite for the yellow metal is now spilling into the digital realm.
Read more‘We are writing Bretton Woods 2.0’; U.S. will ‘write up’ gold price to pay debt, says Dr. James Thorne
(Kitco News) – The United States has crossed a critical fiscal “Rubicon” that signals the “end of the empire” and is now setting the stage for a “Bretton Woods 2.0” monetary reset where gold will be officially “written up” to help pay down sovereign debt.
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