Mining Stock Quotes and Mineral & Metal Prices
March 2015 by Staff
...controversy and animosity seem to be steadily increasing, quite possibly to the benefit of our precious metals as gold is now resting comfortably above $1,300—the highest level in more than two years as of mid-February.
The most impressive fact about gold’s performance during 2016 is the yellow metal’s ability to withstand news shocks, hold on to previous gains and gradually move to new, higher levels.
It is hard to imagine any month during the thirty years I have been writing this column which had more bombshell headlines than the past thirty days.
...the much more important question is this: does this short-term strong rally necessarily portent a genuine turnaround from the metals share bear market that has been ongoing since mid-2011? For a possible answer, we turn to the long-term, five-year XAU chart.
…one thing is certain for the precious metals—these events reflect growing instability—and growing instability has historically been positive for the prices of gold and silver.
The Bawl Mill • Our Readers Say • Ask The Experts • Ask The Experts • Ask The Experts • Just Another Ordinary Weekend • Small-Scale Hard Rock Mining With Water Recycling • The Paragenesis of Gold & Silver Deposits • Getting A Successful Start in Metal Detecting for Gold • Placer Mining At Chititu Creek, Alaska • Gold Rush Continues in Africa • Gold Refining In The Ancient World • Tasers and Mining Don't Mix • Thinking Outside The Creek • Melman on Gold & Silver