Seabridge Gold

Investor: CASE FOR GOLD

PLEASE NOTE THAT THIS INFORMATION EXPRESSES THE VIEWS AND OPINIONS OF SEABRIDGE GOLD MANAGEMENT AND IS NOT INTENDED AS INVESTMENT ADVICE. SEABRIDGE GOLD IS NOT LICENSED AS AN INVESTMENT ADVISOR.


The Gold Market
Tuesday, 7th August 2007

The past several weeks, we have been treated to some of the most extraordinary developments we have seen in financial markets in many years. Gold has not yet expressed its response but, in our opinion, the stage has now been set for reinstatement of gold as a preferred investment in the months ahead.

Read More


The Gold Market
Wednesday, 2nd May 2007

As we write this, the mood is somewhat sour in the gold market. Gold has failed to reach the highs of last May, never mind the 1980 record high. Recently, other investment classes which are normally countercyclical to gold such as equities and industrial metals have performed better than gold although the gold price remains in an up-trend against the U.S. dollar. In general, gold shares have underperformed gold itself for more than the last three years, with notable exceptions such as Seabridge.

Read More


The Gold Market
Friday, 10th November 2006

Gold continued its downward trend in the third quarter, reaching a low of US$560 per ounce in early October. A great many self-appointed experts declared that the bull market in commodities had ended and applied this assessment to gold as well although there is very little evidence to support the notion that gold is a commodity like any other. Despair mounted, marking the bottom of a needed correction from the May high near $730. The gold price has since recovered strongly.

Read More


The Gold Market
Wednesday, 9th August 2006

Volatility was the outstanding feature of the gold market in the second quarter of this year. After barely nudging through $500 at year-end, gold sprinted into the $730 area in May on perceptions that global liquidity would continue to expand rapidly. These perceptions quickly did an about face, led by the Bank of Japan’s move to withdraw substantial liquidity from its banking system. Gold fell precipitously, hitting a low of $541 in overnight markets before bouncing off its 200-day moving average, just as it has done in every other major correction since 2001. Recovery has been uncharacteristically swift with gold trading around the $650 mark as this is written.

Read More


The Gold Market
Wednesday, 3rd May 2006

At Seabridge, it is our contention that the real bull market in gold may not have begun yet. There is a bull market in commodities in which gold has participated somewhat fitfully but this bull market is based upon a perceived shortage of commodities in response to rapid economic growth. Commodity production has been constrained by a lack of investment due to low prices in the 1980s and 1990s while demand has risen in the third world, especially China. This imbalance has been made much worse by an unprecedented flow of speculative capital from commodity and hedge funds chasing momentum and driving prices to record highs in nominal terms.

Read More


The Gold Market
Tuesday, 14th March 2006

The past year was a most interesting one for gold. On the one hand, the gold price rose 18% during 2005 and touched a 25 year high early in 2006. Gold rose against all major currencies and against most other asset classes including U.S. equities and bonds. The gold market also exhibited increased momentum as it attracted new investment flows. It took the gold price three years to rise 25% from its bear market low of U.S.$252 set in 1999. It took only 90 days for the gold price to rise 25% from U.S.$440 to U.S.$550 as we entered 2006.

Read More


1 ... 4 5 6 7 8 9 10 11 12 » Next All