Good Reads
Gold’s Funeral Phase
Your hand has been hovering over the sell button. Gold just closed out its worst month since August 2008 — down 11.6%. Ninety-five percent of GDX mining stocks are in bear-market territory, up from five percent four weeks ago. The friends who laughed at your gold position eighteen months ago are having a very good week. In the back of your head, a question forms… Read on »
Critical Metals stock surges after taking full control of Greenland rare earth project
Greenland has approved the indirect transfer of the mining licence for the Tanbreez rare earth project after Critical Metals Corp. (NASDAQ: CRML) increased its ownership in the developer, the territory’s ministry for mineral resources and business said on Friday. Read on »
Something has been building in the silver market since 2021
The Silver Institute and consultancy Metals Focus published its annual outlook on April 15, warning that the silver market is heading for a sixth consecutive year of structural deficit. Since 2021, 762 million troy ounces have been drawn from global stocks to cover the gap between supply and demand, according to Reuters. That drawdown is raising the risk of a renewed liquidity squeeze. Read on »
Community News
Gold’s Very-Bullish Futures Link>>
Gold Jumps to One-Month High as Iran Says Hormuz Completely Open Link>>
US Chemists Turn Natural Gas Into Liquid Fuel Without High Heat And Pressures Link>>
The Inflation Tax: You're Still Paying for That Covid Stimulus Link>>
The gold-platinum ratio suggests the stock market is living on borrowed time Link>>