Paulson Steps Up Gold Bet to 44% of Firm’s Equity Assets at Bloomberg. George Soros more than doubled his GLD position to $137.3 million in Q2 (Zero Hedge). Meanwhile, the S&P 500 has clobbered gold stocks (chart).
When Silver Wheaton announced the large Hudbay royalty stream purchase last week, their CEO noted “exploration upside potential” as a must for new streams. That is a change in attitude, because in years past the idea was not even on SLW’s radar screen. They took the page from Franco-Nevada’s playbook. Royal Gold has not seen the memo.
I don’t do juniors, but this is why some gamble: Vancouver gold junior surges 49% after Colombia find at Mining.
Yes, the Action in Silver is Constructive by All Star Charts.
Gold charts considered four ways at Dragonfly Capital. We’ve been waiting on the longest impending breakout ever.