The best performing precious metal for the week was platinum, up 6.48%. The increase may have been buoyed by a report by the Hydrogen Council in collaboration with McKinsey & Co. that notes that to reach the goals of the Inflation Reduction Act..
But first we need to confirm a bottom and also marry the fundamentals to it. Not the fundamentals tragically imagined by all too many precious metals participants, but the real ones that matter...
Now that the macro is grinding counter-cyclical and away from inflation on an interim basis, we’ve been on alert for a real bull move. But it is important to have an answer to the question..
In the current situation gold stocks are not necessarily fated to crash and indeed, we have had a short-term target of HUI 178 off of a pattern* that was identified back in August. It was registered on Friday. The sector is..
The bottom line is battered gold stocks are literally trading at panic levels today! They haven’t been lower or more oversold since March 2020’s pandemic-lockdown stock panic, after which they violently mean reverted massively higher.
Three main targets are being tested. The primary objectives of the 2022 core drilling program are to better define the open pit, heap leach gold potential of the porphyry oxide cap..
Goldman reiterated its “buy” rating on Sibanye Stillwater. The bank sees appealing valuation coupled with strategic focus on acquiring green metal assets in developed markets and unique exposure to gold.
