first majestic silver

John Hummel

John Hummel Articles

As the chart of the GDX Gold Mining Index below illustrates, gold stocks have been moving sideways at a very depressed price level for close to the last six years, at price levels off over 67% from their 2011 high. Given that gold’s price...
From late January of this year through mid-April, cash gold held in a tight range of approximately 1300 to 1350. Several times in our commentaries we stated a high expectation that gold would breakout to new recovery highs.

Palladium, platinum and silver are the most common substitutes for gold that closely retain its desired properties.

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