|
Feb 18
|
|
$102.56
$102.56
-0.0%
|
N/A
|
Finnhub News
|
— |
Finnhub - GDX
New Gold And Coeur Mining: Bigger Might Reall...
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|
Feb 16
|
|
$103.94
$102.56
-1.3%
|
N/A
|
Finnhub News
|
— |
Finnhub - GDX
B2Gold: Deeply Undervalued Ahead Of A Big Ear...
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|
Feb 12
|
|
$98.28
$102.56
+4.4%
|
LONG
|
Paul Allen
Reporter, Bloomberg
|
Australian miners (Northern Star) reported 41% profit increases due to soaring gold prices. Gold miners are currently printing cash due to the disconnect between fixed costs and record spot prices. Miners are a leveraged play on the high gold price environment. Drop in spot gold prices or rising energy costs squeezing margins. |
Bloomberg Markets
US House Defies Trump on Canada Tariffs | The...
|
|
Jan 28
|
|
$112.16
$102.56
-8.6%
|
LONG
|
Ram Ahluwalia
CEO, Lumida
|
Ram notes that copper and gold miners are correlated to the metal but often offer better leverage. He specifically mentions Freeport-McMoRan (FCX). Even if the physical metal pauses, the structural demand for infrastructure (copper) and the profitability of miners at these elevated prices ($5k Gold) make the equities a superior play to the commodity itself. Long Copper and Gold Miners. A recession crushing industrial demand for Copper. |
Unchained (Chopping Block)
Gold to $12,000 or ‘Sell Gold Today’? – Bits ...
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