The majority of investors are usually wrong at turning points. Many investors are becoming impatient with gold selling into an oversold panic in the miners and looking for the latest fast money scheme in mortgages or real estate. Be careful of following this emotional move.
Gold and silver along with their related miners have been under a lot of selling pressure the last few months. Prices have fallen far enough to make most traders and investors start to panic and close out their long term positions, which is a bullish signal in my opinion.
Eric Winmill, mining equities research analyst with Casimir Capital, sees great potential for small-cap metals producers and developers in the Americas — home to good infrastructure, skilled workers and great geology.
Precious metals mining stocks may not look too encouraging recently with mostly declines in 2013 and lack of any spectacular rally. But other influential markets suggest that the situation is likely to change in the near future.
The gold and silver stocks as a group have certainly been a disaster over the past two years. In studying the history of this sector (both the stocks and the metals) I’ve learned two things that I will share with you today.
Ian Gordon has said it before: We're on the edge of an economic maelstrom that will breathe new life into the gold exploration industry.Gordon talks about what he forecasts as an unprecedented period of growth and investment in gold, which is just about to get underway as the market sinks.
While the potential for higher gold prices is compelling, the decline in the number of discoveries and grades of resources makes mining stock selection intriguing. Niehuser has scoped out jurisdictions and finds the stars are aligning to put Nevada on top.
The Gold Report caught up with Alexander Medina, the newly appointed director of mining for the Dominican Republic. With gold discoveries popping up all over Hispaniola, Medina is a very busy government minister.