⛏ Equinox, Orla combine to form $18.5B gold miner

Equinox, Orla combine to form $18.5B gold miner
Existing Equinox shareholders will own about 67% of the combined company, while Orla shareholders will hold the remaining 33%, the companies said Wednesday. The merged miner will operate mines in Canada, the US, Mexico and Nicaragua, including Orla’s Musselwhite mine in Ontario and Equinox’s Greenstone and Valentine mines in Ontario and Newfoundland and Labrador. Read on »

The gold chart looks poised for a bounce. How to play it for less
If you’ve been watching the SPDR Gold Shares (GLD), you know the yellow metal has been consolidating and appears to be bouncing off its 150-day moving average (support). If one prefers to use the 200-day moving average, that support level is just below $400, which is also approximately the 50% Fibonacci retracement level. Here’s how to trade the technical setup. Read on »

De-Dollarization: Has the End of History Ended?
Things have changed in recent years, and there has been an undeniable de-dollarization trend. Even before Russia invaded Ukraine, many central banks were accumulating gold. With the U.S. weaponization of the dollar after the Russian invasion, the pace accelerated. Read on »