Kitco News
(Kitco News) – The head of Japan’s energy ministry told the Financial Times that nuclear power is essential if the country is going to meet its green targets.
The post Green pledge pushes Japan to nuclear restart, Cameco trades up appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Foran Mining Corporation (TSXV: FOM) closed its previously announced marketed best efforts private placement, which was upsized from C$20.0 million to C$25.0 million.
The post Foran closes C$25 million financing, plans to build ‘zero carbon copper mine’ appeared first on WorldSilverNews.
Sprott Gold Report/John Hathaway/1-22-2021
“The fate of the stock market and the outlook for gold are more intertwined than most realize. A major headwind for gold has been the consensus comfort level with potential returns from mainstream investment strategies. While gold has performed well over the past few years, gold’s outperformance is still a well-kept secret. If a general bear market sets in, many more individual and institutional investors will look towards gold and related mining stocks. In the meantime, macroeconomic and valuation factors continue to build in gold’s favor.”
USAGOLD note: We referenced this report in yesterday’s Daily Market Report and repost it here for those who may have missed it. Hathaway makes a strong case for gold based on macroeconomic fundamentals and says that “persistent low bond yields could lead to a double or triple rise in gold prices even in the absence of a financial market meltdown.”
The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.
King World News/2-1-2021
“Our bias has been that this bull market in Gold could take us to $2,500 (possibly even this year) and on a multi-year basis towards $4000. IF (and it is a big if) we look at those numbers in conjunction with the Gold-Silver ratio targets what do we get?”
USAGOLD note: That very bullish forecast comes from Citibank analyst Tom Fitzpatrick and it was also reported at the CNBC Pro portal. Fitzpatrick says that if silver gets to $50 “a 3rd time our bias would be ‘3rd time a charm” and we would suspect that it could give way.”
The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.