Three Threats to Gold Miners

This is the biggest menace to gold mining and it is one that a lot of traditional investors cannot see coming. Altcoins like Bitcoin, Ethereum, Litecoin, NEO, and DASH serve as a hedge against inflation. Yet they are far easier to buy, sell and trade than gold.

Read more

Can Gold Miners Still Make Money?

One potential culprit for gold’s weak performance is cryptocurrencies. The altcoin market might be sucking up money that might normally be going to gold.

Read more

Bitcoin Approaches $1,500 and Ethereum Nears $90

This indicates that bitcoin has replaced gold as the world’s hedging mechanism of choice. Average investors may actually prefer bitcoin to gold in uncertain times which is very bad news for gold bugs and gold-mining stockholders.

Read more

Is Bitcoin a Threat to Gold Mining Stocks?

This sampling shows that the gold-mining industry is already in deep trouble. My prediction is that worse pain is yet to come courtesy of bitcoin. Instead of recovery gold miners face low prices and complete collapse in 2017. Expect some terrible earnings reports for gold miners that will send their shares plummeting in January 2017.

Read more

Are Gold and Gold-Mining Stocks Really Doomed?

The logical conclusion we need to make here is that we are at the beginning of a long-term slump in gold. The combination of low interest rates and high stock market returns is taking all the luster out of the gold market, and it is not likely to return any time soon.

Read more