• 746 days Will The ECB Continue To Hike Rates?
  • 747 days Forbes: Aramco Remains Largest Company In The Middle East
  • 748 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,148 days Could Crypto Overtake Traditional Investment?
  • 1,153 days Americans Still Quitting Jobs At Record Pace
  • 1,155 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,158 days Is The Dollar Too Strong?
  • 1,158 days Big Tech Disappoints Investors on Earnings Calls
  • 1,159 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,161 days China Is Quietly Trying To Distance Itself From Russia
  • 1,161 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,165 days Crypto Investors Won Big In 2021
  • 1,165 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,166 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,168 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,169 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,172 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,173 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,173 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,175 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

Precious Metals Starting To Produce Some Winners

Everybody who's owned gold and silver mining shares through a couple of cycles has their favorite story of the stock that took off and ran away. There was Glamis Gold, which rose from $1 to $40 in the space of a few years before selling out to Goldcorp. And Silver Wheaton, which soared from $3.45 in 2008 to over $40 in 2011. And many, many more.

That's how mining shares -- which are, as the industry likes to say, leveraged plays on gold and silver -- behave when the underlying metals start to rise. And you only need to find and ride a few such moonshots to justify a lifetime of obsessing over your investments.

Now, after a brutal and interminable bear market, a few of the better miners and streaming companies are starting to show signs of that famous upside potential. Three examples:

Silver Wheaton (SLV)

Franco-Nevada (FNV)

Seabridge Gold

There's no way to know whether this is a head fake in an ongoing bear market or the start of another epic rise -- which, this time, we don't want to miss! But when that epic rise does come, its initial stage will look like these charts. So the current action at least bears watching.

 

Back to homepage

Leave a comment

Leave a comment