Silver Outperforming Gold
Silver has blasted higher in the last couple weeks, far outperforming gold. This is certainly noteworthy, as silver has stunk up the precious-metals joint for years. This deeply-out-of-favor metal may be embarking on a sea-change sentiment shift, finally returning to amplifying gold’s upside. Silver is not only radically undervalued relative to gold, but investors are…
Gold Miners’ First Quarter 2019 Fundamentals
The major gold miners’ stocks are drifting sideways with gold, their early-year momentum sapped by the recent stock-market euphoria. But they are more important than ever for prudently diversifying portfolios, a rare sector that surges when stock markets weaken. Their just-reported Q1’19 results reveal how gold miners are faring as a sector, and their current…
Gold production going global
Gold’s price multiplying by over fivefold since 2001 has unleashed an onslaught of exploration all over the globe. Countless mining companies, both old and new, have sought to get their piece of one of the hottest commodities of the 21st century. Many of these miners have gravitated towards jurisdictions known to have rich gold-mining histories. …
Gold Miners In A Sentiment Wasteland
Gold’s precipitous decline in the first half of 2013 sent shockwaves throughout the entire mining industry. Its scary panic-induced 28% plunge over just six months has forced the miners to revisit their development plans. And this will no doubt have an adverse impact on global mine production in the years to come. It’s actually quite…
Why a Finite World is a Problem
Why is a finite world a problem? 1. A finite world is a problem because we and all of the other creatures living in this world share the same piece of “real estate.” If humans use increasingly more resources, other species necessarily use less. Even “renewable” resources are shared with other species. If humans use…