The Gold Report

This week’s Gong Show in the global financial markets reminds me of the early 1980s before the advent of the Internet or online trading or blogs and especially before 30-something financial “advisors” were allowed to go on the national (and international) airwaves or Internet websites and babble on for what seem like days how “The […]

Newmarket Gold’s shares have appreciated 75% since the beginning of 2016, but CEO Douglas Forster believes that is just the beginning. The company’s storied founders have set their sights on making Newmarket the next high-quality mid-tier gold producer. In this interview with The Gold Report, Forster puts forth his vision of how, starting with the

After several years of low gold prices, 2016 has brought a rebound, with the metal rising almost 20% since the first of the year, although recent price corrections have slowed gold’s advance. After the Brussels terrorist attacks last Tuesday, gold rose briefly, but then was undercut by a strong U.S. dollar rally. Investors are wondering

The large gold royalty companies remain among our top holdings, notwithstanding the high valuations and our comments on the overall gold market and short-term concern on the gold stocks. Osisko Gold Royalties Ltd. (OR:TSX, $12.90) is all cashed up, as its two core royalties proceed well. It has about CA$650 million available for investments (of

Gold is up over 15% this year so far, while the gold stocks (per XAU index) have risen over 50%. But investors are skeptical about this year’s gold rally, and that’s a good thing. For the past several years, we have seen strong rallies in gold and gold stocks early in the year, only to

Reservoir Minerals Inc. (RMC:TSX.V) has moved up sharply this month—over 50%—after Lundin Mining Corp. (LUX:TSX) made an offer to buy part of Freeport-McMoRan Copper & Gold Inc.’s (FCX:NYSE) interest in its joint venture with Reservoir. But it remains a strong buy. Lundin agreed to acquire part of Freeport’s interest in the huge Cukaru Peki deposit

Michael Ballanger discusses the effect of events in Brussels on precious metals. As I was stomping around the house looking for my cowering Labrador yesterday afternoon, I think I was mumbling something about “no good rotten ba$tards” in reference to the blatant price control exerted yesterday in Europe and North America in stocks, Forex, and,

With cash in hand and a goal of doubling gold output in the next five years, Japanese heavyweight Sumitomo is looking to acquire gold assets—and Viscount Mining Corp. could be a prime target. In this article for The Gold Report, Resource Maven Gwen Preston explores the Viscount proposition, including the historic potential of its Cherry

Michael Ballanger dissects Friday’s Commitment of Traders Report and whether it indicates bullish or bearish movements. Last night as I sat in the den looking at a picture of my 1970–1971 Saint Catharines Black Hawks OHA championship team with a VERY young captain named Marcel Dionne smiling into the camera, I was suddenly slammed in

In the wake of what Michael Ballanger calls a “non-decision by the U.S. central banksters,” the precious metals expert remains cautious and watchful. In this article, Ballanger offers his take on what the recent Fed decision on interest rates means for investors and the markets, and the circumstances that might force him to toss in