Goud en Zilvermijnen

[Leo3.14]

Zilverprijs daalt van 16.25 naar 15.83 $.
We komen van 50$.

Da 's een scheet in een netzak.

CDE daalt van 10 naar 9$ op 1 dag.

Someone is shaking the tree.

[Gwyde]

As the final curtain on 2016 was drawn, it's time to take stock of the markets during the year.

American stock markets are up, with the DJI failing to gain 20K but booking a decent 13.4% gain over 2016 closing at 19763. Last Wednesday we were within a sigh of 20K. The S&P added 10.05% over the year to close at 2238.8 while the Nasdaq Comp added 8.43% to 5383.1.

Despite a poor last quarter, gold holds on to a 8.5% gain over 2016, closing at 1150.9. Silver does better with a 14.8% advance to $15.88. After a four year slide, PM miners now outperform the metals, with the HUI up close to 64% closing at 182.3 on Dec 30. As a result, HUI/Gold firmed to 0.158. The detailed yearly article provides more info.

It is illustrative that, despite timid advances of precious metals since before XMas, miners showed resilience with the HUI advancing 7.9% over the short trading week (moreover despite sliding towards 2017 on Friday Dec 30). Gold was up 1.65% over the week, while silver only added 1.65%. The PGM's were mixed with Pt lagging with a 1.12% advance to $901 but Palladium showing more vigor: up 2.9% to $678.

Our Benchmark ETF's were mixed, with only GDXJ outperforming the HUI index. The Global-X silver miners ETF SIL only advances by a modest 2.75%, while the gold explorer ETF GOEX slides against the trend. With a 9% advance for the week, our Contributor driven Explorer and Junior Mining spreadsheet is well off. The long term (blunt average) decline is mitigated to 15.46% while cap weighed were again breaking even.

Asanko Gold and Mirasol Resources once more turn long term declines to advances, bringing the advance/decline ratio to a less cumbersome 6 to 13. Both Osisko Royalties and Osisko Mining mitigated long term declines to single digits.

Among references, the gold and silver COMEX future contracts now are rolled over to Dec 2017.

[Gwyde]

Hardnekkige typo in vorige post. Dus hier is de paragraaf opnieuw.

It is illustrative that, despite timid advances of precious metals since before XMas, miners showed resilience with the HUI advancing 7.9% over the short trading week (moreover despite sliding towards 2017 on Friday Dec 30). Gold was up 1.65% over the week, while silver only added 1.28%. The PGM's were mixed with Pt lagging with a 1.12% advance to $901 but Palladium showing more vigor: up 2.9% to $678.

[Gwyde]

Precious metals have been steaming ahead into 2017 ending on a soft spot on Jan 6. Gold ends the week at $1172.2, up 1.85% while silver added 3.53% to $16.44. The HUI index is up 7.58% to 196.58, making HUI/Gold firm to 0.168.

With a 8.36% advance, our Contributor driven Explorer and Junior Mining spreadsheet is outperforming both the HUI and GDX, but other benchmark ETFs do even better. The long term (blunt average) decline is mitigated to 8.39% while cap weighed the advance extends to 9.13%: on average small and mid-caps are better off than the few micro or nano-caps on the list.

Three picks (OSK.TO, OR.TO and BTG) climbed out of the red, improving the advance/decline balance to 9 against 10. No picks are down over the week, but Miranda Gold and Continental Gold are flatlining. Among the 7 double digit advances, Argonaut Gold makes the most impressive weekly gain (+29%), yet the stock still is down 62% since inclusion.

Best wishes and prosperous trading.

[Gwyde]

After a soft spot on Jan 06, precious metals have been firming on balance. Last week, gold added 2% to $1196, up 3.9% YTD. Silver adds 2.25% to $16.81, up 5.9%YTD. The HUI lags gold this week, up 1.39% for the week to 199.3. After its stellar performance, some 'relative correction' is not unhealthy: Au/Hui weakens to 1.666. You find fresh graphs of HUI/Gold on the Gold Miner Pulse blog page. On the Miners Performance page, a first 2017 update reveals a decent average improvement since end 2016.

Our Contributor driven Explorer and Junior Mining spreadsheet leaves behing the HUI and all benchmark ETF's. With a weekly advance of 6.45% we've been well off. There are 14 advances against 4 declines, with Miranda Gold flat over the week. Advances are led by Ivanhoe Mines IVN.TO (Turquoise Hill) with a 20% weekly gain. The long term decline is reduced to 2.48% while the cap weighed advance sweetens to 16.77% (+7.01%) thanks to advances of heavyweights Pretium Res and Osisko Gold.

Monday is Martin Luther King day, enjoy a short trading week on Wall Street.

[Leo3.14]

HUI/Spx ratio

Uitbraak, pullback and GO

Mijnen gaan potten breken komende jaren.
Eb is bijna gedaan.

[Gwyde]

Trump supporters from the rust belts have shown up in front of Congress less massively than anticipated, leaving the National Mall sparsely crowded at the inauguration of the most controversial president in decades. Traders obviously were watching in a screen window, while the algorithms were counting words indicating what the market reaction was likely to be. After a lackluster week, precious metals rallied, with gold eventually up 1.17% for the week to $1210 and silver firming 1.49% on balance to $17.06. PGM diverged, with platinum (up 2.2% on Friday) unable to recover from the midweek slide, easing by -0.41% on balance to close at $978, while palladium took the lead, firming 5% to $787.

The HUI gold miners index adds 1.67% over the week with HUI/Gold almost steady at 0.168. You find fresh graphs of HUI/Gold and SIL/Silver on the gold miner pulse blog page. Benchmark ETF's are struggling to catch up with the HUI: GDX equals its 1.67% weekly advance, but GDXJ lags with a 0.95% advance, while GOEX comes in last with a 0.54% timid advance. SIL is up 1.5%, in line with the metal. For a second consecutive week, we're beating the benchmark: our Contributor driven Explorer and Junior Mining spreadsheet adds 3.59%, climbing above break-even to a timid 1% long term advance. We still have 9 picks advancing against 10 declining over the long haul. Last week's advances were led by IVN (Turquoise Hill, former Ivanhoe Mines), nanocap Miranda Gold and explorer Osisko Gold (OSK.TO).

[Gwyde]

While Dow 20K is the talk of the week, precious metals had a hard time, despite the Chinese new year. The usual shenanigans with futures expiring were the counter current driving gold below $1200. On balance gold ends the week off 1.55% to $1191.3 while silver manages to hold ground (+0.35%) at $17.12. After lagging most of 2017, platinum adds 0.6% to $984 while palladium pays the price for its prior audacious rally and now sheds 6% over the week to $740.

Resilience is the key-word for miners almost ignoring the gold slide. Despite selling off on Wednesday and Thursday, the HUI manages ending the week with a modest 0.1% gain to 202.8. As a result, HUI/Gold sweetens to 0.171 as is shown in the updated HUI/Gold graph on the Gold Miner Pulse blog page. On the Miners Performance page, a second 2017 update reveals a continuing improvement since mid January.

Miner ETFs stay close to home, with modest gains for GDX, GOEX and SIL but a small decline for GDXJ. With a 3% weekly gain, our Contributor driven Explorer and Junior Mining spreadsheet is beating the benchmarks for a third consecutive week. (Don't worry, we will lag some other time, I'm not cooking the books)

Over the long haul, the advance sweetens to a still modest 4.05%, though cap weighed that amounts to 24.84%. (Note that including exits, we're still in the red.) On our list advances led declines 14 to 5 last week, with a double digit slide for Argonaut Gold being the only drag. The most influential gain is a 13% advance for Ivanhoe Mines (IVN.TO) which is topping our list.

[Dirkgold]

Weeral veel lawaai in de filipijnen....
Niet leuk voor de sp
http://www.bnn.ca/commodities/video/oce ... ed~1048639

[Gwyde]

We have something with round numbers. Obviously DOW 20K is back, but so is $1200 gold and $1000 platinum, though much less touted. Over the week, gold strengthened 2.37% to $1219.5 while silver added 2.16% to $17.49. The PGM's lag with platinum up 1.93% to $1001 while palladium is up a tiny 0.95% to $747 after a counter-trend Friday slide. The HUI adds 4.57% over the week, closing at 212.1. HUI/Gold is advancing little to 0.174. You find fresh graphs on the gold miner pulse blog page.

Decent weekly gains among the benchmark ETF's: from 4.87% for SIL to 6.48% for GDXJ. Our Contributor driven explorer & Junior Miner List sits in the caboose gaining only 3.46% last week. We do have 16 picks advancing, but profit taking on Ivanhoe Mining (our top performer) is limiting the advance. Over the long haul we now have 10 picks up against 9 down. After a double digit rally, Integra Gold joins the long term winners.