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Company sponsored news, analysis & commentary, by Peter Epstein, MBA
Gold’s & sliver’s inflation-adj. ATHs in Jan. 1980 were about $3,430/oz. & $202/oz. (in today’s dollars). Notice that the gold (“Au“): silver (“Ag“) ratio was [$3,430 / $202] = 17 to 1! Today that ratio is 84:1 and it has averaged ~60:1 over … Continued
Wow, it finally happened! The spot gold (“Au“) price closed above US$2,500 on August 16th, currently at $2,530/oz. The significant move higher, +11% since early May, is attributed to lower U.S. inflation numbers paving the way for imminent interest rate … Continued
Copper (“Cu”) is indispensable for infrastructure, EVs, renewable energy, grid refurbishments & expansions, the wireless“Internet of Things,” data centers, Cloud/AI, supercomputing, robotics, crypto-currency mining, smart cities, 5G/6G telecom, high-tech electronics, and more. Yet, with the Cu price under pressure since hitting US$5.20/lb. … Continued
Silver Storm Mining (TSX-v: SVRS) / (OTC: SVRSF) has an enterprise value {market cap + debt – cash} of ~C$41M at $0.095/shr., (down 47.2% from $0.18 on July 24th). Over the same period, the silver (“Ag“) price is roughly unchanged. … Continued
Is the U.S. Presidential race overshadowing an epic move higher in the gold price? Earlier this week the spot price hit US$2,484/oz., +37% above its 52-week low. Today it sits at ~$2,406/oz. Silver had been outperforming gold, causing the gold … Continued
UBS recently raised its price target on #gold (“Au“) to US$2,800/oz., one of the more bullish announcements of the past month. Both Citi & Bank of America said it could reach $3,000/oz. next year. High-grade, top-quality Au projects achieving production … Continued
$ figures are C$ unless stated otherwise, metal prices are US$, ounces/oz. are silver (“Ag”) equivalent oz… Primary silver (“Ag”) mines benefit most from higher prices. However, 80% of mined Ag is a byproduct of other operations, making supply highly … Continued
It’s amazing the runs that gold (“Au“) & silver (“Ag“) are having even before the U.S. FED has cut interest rates. Soaring prices signal a flight to safety on both geopolitical & inflationary/monetary grounds. As of May 21st, Au was … Continued
Primary silver (“Ag”) mines, those that produce > 50% Ag (by volume), benefit most from higher prices. However, 75%-80% of mined Ag is a byproduct of other mining operations. Therefore, since Ag supply is highly inelastic, the price could soar … Continued
It’s hard to believe the gold (“Au“) price has soared past $2,100, $2,200, $2,300, $2,400/oz., now sitting at ~$2,320/oz. Gold stock investors don’t quite believe it either. Newmont‘s & Barrick’s share prices remain 50%-55% below all-time highs. Imagine what long-term … Continued