These Stocks Could Offer A Bargain As Silver Soars

Aibek Burabayev - INO.com Contributor - Metals


Silver hit a 3-month high last week, but there is still plenty room for gains on the way to the conservative upside target above $21 level.

Last week I analyzed the top gold stocks, and I thought it would be interesting to look at the silver stocks to see if there are good opportunities amid Silver's growth. My previous update on the top silver stocks ranked by P/E was posted in July. This time I will use ROE (return on equity) as a selection criterion.

Table 1. Top Silver Stocks By Return-On-Equity (ROE)

Top Silver Stocks By Return-On-Equity (ROE)
Image courtesy of finviz.com

Top 3 silver stocks by ROE are SSR Mining Inc. (SSRM) (former ticker SSRI), Coeur Mining, Inc. (CDE) and Pan American Silver Corp. (PAAS) .

The leading silver stocks show pale performance compared to the top gold stocks, which have a ROE range between 10% and 30% while only one of the silver stock’s reading is above the 10% threshold. But the ROE above 8.5% is still an outstanding performance overall. Continue reading "These Stocks Could Offer A Bargain As Silver Soars"

Stocks To Watch Amid Gold's Rise

Aibek Burabayev - INO.com Contributor - Metals


Gold broke above both daily and monthly resistances, and we could witness a further strong move to the upside. In this post, I would like to find out if there are gold stocks with upside potential to follow the strengthening metal using my unique selection criteria.

When you buy stocks, you become shareholders of the company participating in the equity. That is why this time I decided to sort the gold stocks by ROE (return on equity) and chose the top 5 (in the table below) to analyze. The range includes stocks with a market cap over $300 million.

Table 1. Top Gold Stocks By Return-On-Equity (ROE)

Gold Stocks
Image courtesy of finviz.com

These top stocks tickers are ABX (Barrick Gold), SBGL (Sibanye Gold), IAG (IAMGOLD), GSS (Golden Star) and HMY (Harmony Gold Mining). Continue reading "Stocks To Watch Amid Gold's Rise"

Gold And The Era Of Rising Interest Rates

Aibek Burabayev - INO.com Contributor - Metals


The U.S. dollar is the primary benchmark for the expense of the time value of the money around the world. It affects all asset classes, and I want to analyze it to see if the speculation about the coming cycle of the rise in interest rates is valid or not.

The wise trader once said; “if you want to know the market trend just squeeze the chart to see the perspective.” I used that advice to focus on the long-term perspective, and in this post, I would like to share the result of my research in the three graphs below.

Chart 1. The Yield Of 10-Year U.S. Treasury Notes Quarterly: Downtrend Could Be Over Soon

Quarterly Chart of 10 Year U.S. Treasury Notes
Chart courtesy of stooq.com

The chart above shows the history of the yield on the 10-Year U.S. Treasury notes (UST) from 1980 to present day. I chose that period to highlight the whole move down of the yield from the top in 1981 at the 15.84%. I chose this instrument as it is a benchmark showing investors’ sentiment about the future interest rates for the U.S. dollar. Continue reading "Gold And The Era Of Rising Interest Rates"

Copper Eyes $3 Amid Upbeat Chinese Data

Aibek Burabayev - INO.com Contributor - Metals


Back in May, I posted an update for copper where I shared my concerns about the possible negative impacts of the cooling Chinese economy. At the same time the technical chart didn’t confirm those concerns and on the contrary, showed a possible upside move for the metal.

In this post, I would like to share some macro economic charts and an update of the technical chart.

Chart 1. Copper Vs China Industrial Production (Monthly)

China Industrial Production vs. Copper
Chart courtesy of tradingeconomics.com

I chose the period of the chart above from the start of 2016 intentionally to highlight the time when the metal began to consolidate after a huge drop down. Continue reading "Copper Eyes $3 Amid Upbeat Chinese Data"

Gold & Silver: Gold Breaks Up As Silver Licks Wounds

Aibek Burabayev - INO.com Contributor - Metals


The broad weakness of the U.S. dollar supported precious metals and currencies. Gold has been saved from silver's Flash Crash destiny so far. Below are the updated charts for gold and silver.

Chart 1. Gold Daily: Breaking Upside

Daily Gold Chart
Chart courtesy of tradingview.com

The experimental clone chart for gold that I posted in April amazingly finished its move down as planned although later than expected. The anticipated reverse to the upside followed the end of the consolidation highlighted with the gray rectangle. Continue reading "Gold & Silver: Gold Breaks Up As Silver Licks Wounds"