Haystack 2018-19

[Gwyde]

A new thread in the English section of the forum for the remainder of the decade.
By the succession of links below, you notice we have dramatically come down in frequency, from monthly to bi-annually.
This reflects the lack of interest in precious metals after a four year bear market and followed by a stealthy recovery, eclipsed by the general stock market rally and the emerging crypto-currencies.

Haystack 2017
Haystack 2016
Haystack 2015
Haystack 2014
Haystack 2013
Haystack Q4 2012
Haystack Q3 2012
Haystack June 2012
Haystack May 2012
Haystack April 2012
Haystack March 2012
Haystack February 2012
Haystack January 2012
Haystack December 2011
Haystack November 2011
Haystack October 2011

If suddenly we notice a flurry of new posts, that most likely will signal the onset of a new secular precious metals market rally.

[Gwyde]

If there's any recipe to avoid losing with a miner portfolio over the long run, mitigating risk is the backbone.

With gold still in a trading range, posting higher lows in successive corrections but unable to break above the $1360 ceiling since summer 2016, now is the time to shuffle in the contributor driven explorer and junior miner portfolio.

For next update, I will take on board Franco Nevada (since long a stronghold of the 'benchmark' section) and Randgold (outperforming over the long haul) on board in the portfolio. Doing so we also leave aside the principle of investing only in junior miners and explorers.

Meawhile 'Liberty Gold' (LGD.TO) (an explorer formerly known as Pilot Gold) and prospect generator Almaden Minerals (AMM.TO) will be escorted to the 'exile' sheet of poor investments.

Since a few weeks, the HUI/Gold ratio seems put at 0.138 (marginally up since bottoming in April). With the yellow metal struggling to uphold $1300, miners start showing some resilience. You find more comments and graphs on the gold miner pulse page.

[Gwyde]

Global Gold Production and Consumption over the last few years can now be found in the GFMS Gold Survey 2018

Have a good read...

[Gwyde]

Platinum scalp at the shorter's belt

White precious metals lagging gold
Despite gold selling off last few weeks, the damage among "white precious metals" has been worse.

Platinum
The real horror story of 2018 is platinum. Longs were lured in a false recovery as price pressure was alleviating end December '17 and platinum enjoyed a rally extending into 2018. The rally brought platinum back to a four digit price, regaining parity with palladium. All ended in tears...

Continue reading at on the title-link.

[Gwyde]

Rome and America: differences and similarities
Now, if former president Barack Obama undoubtedly reminds the Roman politician Cicero (1st century BC), how about Donald Trump?

[Gwyde]

The gold and miner rally we enjoyed on Nov 1 couldn't wipe away losses incurred over the last two weeks. Within the updates of both the Gold miner pulse page and the Miner performance page you find the sad balance over late October, with miners plunging despite gold holding above $1200.
Declines over the last few weeks indeed massively outnumber advances. Moreover among declines we are witnessing some complete collapses. For Red Eagle Mining all warning lights are indeed flashing red, with the stock shedding another 60% over two weeks.
Our 'contributor driven junior miner & explorer spreadsheet' advanced nicely this past week. This unfortunately doesn't compensate for the previous week's plunge.

[Gwyde]

Precious metals mining in 2018: a dark cloud with a silver lining & 2019 outlook

Better times ahead for gold mining investors? The above review article on 'Mining corner' has a point, showing that miners have been lagging gold for much of past year. With the precious metal outlook to the upside, the cards for miners seem laid the way they were by end 2015.

Best wishes for a prosperous 2019

[Gwyde]

The Barrick-Randgold merger is barely completed and we've again got a merger between majors. Newmont and Goldcorp are to join forces.

Yet the operation seems more controversial, as stated on Seeking Alpha: Both Newmont And Goldcorp Investors Have Reasons To Be Unhappy With The Merger

[Gwyde]

With sentiment for the precious metals returning, outlook on prices turning bullish, and central banks piling on gold reserves, now is a great time to own the metals, according to panelists on the Ultimate Gold Panel.

First part: Join Peter Hug, Frank Holmes, Peter Schiff, and Roy Sebag in part one of the panel discussion, hosted at the Vancouver Resource Investment Conference, and find out why the experts think the tide has turned in gold's favor.



What do the mega mergers tell us about the mining sector’s future? What is the outlook on gold prices? This panel discussion at the Vancouver Resource Investment Conference answers these, and more.

Second part: Round table with Frank Holmes, Peter Hug, Roy Sebag, Peter Schiff

[Gwyde]

In a new article on the Gold stock analyst investor day you get to know more on the gold stock investment letter, the yearly event and a good idea of the coverage through several video fragments of Kitco journalist Daniela Cambone interviewing the CEO's of participating miners.