Goud en Zilvermijnen

[Gwyde]

Nieuwe posting:

The rising tide lifting all boats (?)

Zijn alle goudmijnen erop vooruitgegaan sinds het begin van de nieuwe bull-markt in Januari ?
Een klein overzicht van de returns over de voorbije 6 maand en de 'lange termijn' sedert Nov 2010.

[Gwyde]

Both the S&P and the DJI have been posting historic all time highs this week while Nasdaq is positive for the year and continues improving above 5,000. Gold lost somewhat of its luster, retreating 1.1% on balance to $1322.1. On Friday, the yellow metal closed at the high though. Mixed blessings for the white precious metals: after silver posted a fresh 22m high last week, it now closed the week down 3% to $19.59. Platinum closed at $1082 on Friday posting a weekly loss of 0.92%. As often Palladium goes against the trend, strengthening over 5.4% last week and closing at $682.

The much anticipated summer doldrums finally take their toll. As usual the weakening of precious metals is rationalized as resulting from 'increasing expectations of a FED rate hike in the fourth quarter of 2016'.

Miners pull back: the HUI eased 3.24% last week. HUI/Gold retreats only little to 0.196. You find updated graphs on the gold miner pulse blog page.

The miners performance page was also refreshed. There are 22 miners advancing over the long haul, with (still) 8 of them doubling. At the opposite end, 16 miners/explorers are down over 90% with 7 of them down over 95%: a slight improvement over last observation on July 8.

Among our benchmark ETFs, losses are somewhat higher; only GDX is down in line with the HUI while other ETFs are down from 4.3% (SIL) to 6.64% (GLDX). The long term gain of our Contributor driven Explorer and Junior Miner Spreadsheet dwindles to a tiny 0.27%, down 4.3%. There still are 8 long term gains against 10 losses. Timmin's gold sold off after last week's rally. Argonaut Gold also makes a double digit slide. Miranda Gold and Sandstorm gold advanced against the trend.

[Dirkgold]

mooi plaatje.
ben in usa.to gestapt. Americas Silver Corporation.

[Gwyde]

American stock markets trend sideways: the S&P and DJI are little off their earlier ATH while Nasdaq went against the grid strengthening a little over the week. Across the pond, volatility is more pronounced with many financials sliding.

Precious metals finished their short summer doldrums, strengthening significantly: gold is up 2.14% over the week to $1350.4/Oz on Friday. Silver added 3.57%, recovering after its slide and closing at $20.29. PGM's have the best cards with platinum rallying 6% to $1147 and palladium adding another 4% to $709. Palladium kept on strengthening throughout the recent pull-back of other precious metals. More signs of a weakening US economy (2nd quarter GDP growth around 1.25%) imply that a rate hike is off the table. Another U-turn in the perception of the FED watchers.

The HUI bottomed on Monday with the recovery adding up to a 5% weekly gain. HUI/Gold recovers likewise to 0.202. You find updated graphs on the gold miner pulse blog page.

Among our benchmark ETFs, gains are somewhat higher: GDX adds 6.3% while GDXJ tops the range with a 9.35% weekly gain. Nevertheless our Contributor driven Explorer and Junior Miner Spreadsheet outperforms the benchmarks gaining 9.8% over the week and now posting a 10.08% long term gain. There are no weekly declines among our list components. Impressive double digit gains for Eurasian Minerals (+38.1%) and Ivanhoe Mines (+26.6%) make the difference. Miranda Gold (flat over the week) is the laggard. There still are 8 long term gains against 10 losses. Yet Ivanhoe Mines and Osisko Mining now post a single digit loss since inclusion.

***

Misschien heb je je ooit afgevraagd: Gwyde, je hebt het vaak over goud- en zilvermijnbedrijven, maar neem je zelf ook dat risico? Of nog: 'Is deze 'Contributor driven JM & Expl spreadsheet' een overzicht van je persoonlijke portefeuille?

Op de eerste vraag 'Ja' en op de tweede 'Nee'. Ik heb enkele belangrijke posities die niet in de spreadsheet voorkomen, vooral omdat het geen junior miners zijn. Van de achttien 'contributed picks' heb ik er enkele in portefeuille. Op Pretium Res. na zijn het wel allemaal kleine posities. Overigens is het entry-koersniveau in de lijst nooit identiek met de koers waaraan ik gekocht heb.

[Gwyde]

Gold Miner Impulse Phase

Over half a year has lapsed since Gold and Silver miners bottomed on Jan 19. Time to make an evaluation of the first half year of a rejuvenated precious metals bull market and the impulse phase on precious metal miners.

"The HUI/Gold ratio continued strengthening with only minor pull-backs throughout the entire first half year of the new miner bull market. This indicates miners outperforming the metals, which is typical for the first impulse phase of the miner recovery. Since gold miners slid to share price levels beneath those of the worst nightmares of long term mining investors, the initial recovery with the HUI index doubling has been swift. Higher gold prices are oxygen to a mining sector which had been operating near AISC (all-inclusive sustaining costs). The slope of the HUI/Gold curve tends to flatten, which also reflects gold now staying in a trading range between $1315 and $1375."

[Dirkgold]

+30%
goede drill results.
zo mogen er nog wat dagen komen.......
Update woensdag 2.23 ( +15% )

[Dirkgold]

Gsv 2.39
+24% bijna.
Kan niet verkopen door diefje staat.
20u14 2.46

[doubleyou]

Gsv 2.39
+24% bijna.
Kan niet verkopen door diefje staat.
20u14 2.46

Soms moet een mens wel eens iets van tafel pakken
+24% -1/3 blijft +16%
helemaal niet plezierig dat staat met jou verdienste gaat lopen
maar soms moet je beslissing nemen
als je nog bijna 6 maand moet wachten
kan het ook -24% worden
en die zijn dan wel helemaal voor jou

[Dirkgold]

gsv
tis wel 2 dagen na mekaar 30%
AH nu 2.64
ga toch eens wachten op de conf call aangaande de drill results.
tis moeilijk niet te verkopen.

[Dirkgold]

Gsv
Hoogste vandaag 3.20
Toch een beetje verkocht. ( aan een lagere prijs )
Massaal volume, meer dan 10 milj stuks.
Normaal zon 800k
Morgen een conf call om de drill results toe te lichten.