⛏ The Lows Are In?

The Lows Are in For Gold
Since the start of 2024 gold, priced in U.S. dollars, has gone parabolic, rising from ~$2,000 per ounce to over $4,400 per ounce. Obviously, in investing, nothing goes straight up or straight down. And after a run like this, gold was due for a breather.What’s striking however, is how short this breather is proving to be. As David Cervantes has noted, gold’s average correction has lasted three months since the secular bull market began in 2006. Not this time it appears… Read on »

Why copper is 'a ticking time bomb for explosive price action'
Copper prices have dropped from the highest levels on record in July, but that doesn't mean a powerful rally in the industrial metal has reached its end. Instead, robust demand could soon outpace supplies, which would send copper prices higher still. Read on »

Hecla Mining Stock Jumped Last Week on Earnings
Hecla Mining surged 12% after reporting a blowout third quarter, with sales of $409.5 million (vs. $310.8 million estimated), silver output of 4.59 million ounces, and adjusted EBITDA of $195.7 million, marking strong performance across its portfolio. The company also raised 2025 capital guidance for Keno Hill to $48 – $54 million as mine development runs ahead of schedule, and reaffirmed 2025 cost guidance, with all four operating assets generating positive free cash flow for a second straight quarter. Read on »