• 768 days Will The ECB Continue To Hike Rates?
  • 768 days Forbes: Aramco Remains Largest Company In The Middle East
  • 770 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,170 days Could Crypto Overtake Traditional Investment?
  • 1,175 days Americans Still Quitting Jobs At Record Pace
  • 1,177 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,180 days Is The Dollar Too Strong?
  • 1,180 days Big Tech Disappoints Investors on Earnings Calls
  • 1,181 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,183 days China Is Quietly Trying To Distance Itself From Russia
  • 1,183 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,187 days Crypto Investors Won Big In 2021
  • 1,187 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,188 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,190 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,191 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,194 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,195 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,195 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,197 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

  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