The article began «It's difficult to find any positive news in
the depressed gold market.
Back then, Barrick was not a bloated organization that had lost investor confidence, nor was it facing a mountainous $ 13 - billion debt in
a depressed gold market.
Not exact matches
At Barrick
Gold, which has taken its lumps on the
market this year, one lone insider appears to be taking advantage of the company's
depressed share price.
With the bear
market that started in 2011 likely being over, further hints on economic weakness could cause a sustainable rally
gold, even without a clear signal from the central banks that, in fact, interest rates will remain
depressed for the foreseeable future.
The reason I'm doing this is — my work suggests that
depressed gold shares offer a tremendous opportunity after a 3 1/2 year bear
market, with many down > 80 %.
In summary, history tells us to expect continuing weakness in silver relative to
gold during the first two years of the next precious - metals bull
market (which has possibly just begun), whereas the unusually -
depressed current level of the silver /
gold ratio suggests that the historical precedents might not apply this time around.
-- in our view, the weakness in
gold bullion is mainly due to
depressed activity in the physical
market for
gold in the summer months, as global jewellery manufacturers are typically not very active during the period.