Tag: Barry Dawes

Streetwise: Gold Hits New US High

by Barry Dawes

In a recent article from Streetwise Reports, Barry Dawes of Martin Place Securities discusses the current state of the gold and silver markets. He emphasizes that gold, referred to as the "Metal of Prosperity," is rising after decades of suppression. Dawes suggests that recent changes in U.S. economic policy are allowing commodity prices to reflect true supply and demand dynamics. He also notes that silver is following gold's upward movement, with mine production lower than a decade ago and demand growing in new uses.

Streetwise: What To Make Of Gold Stocks Now?

by Barry Dawes

In a recent article from Streetwise Reports, Barry Dawes of Martin Place Securities discusses the current state of gold stocks, noting that the 13-year downtrend has been broken and is now undergoing a backtest. He observes that while the market is in a significant bull phase, the direction of gold prices remains uncertain, with potential for a C wave decline. Dawes also highlights the varying performances of gold stocks across different markets, suggesting that inconsistent valuations indicate early stages of investor participation in this bull market.

Mining Journal: Australia’s gold renaissance

by Alison Sammes
mining-journal-logoThe current move up in the US$ gold price is doing wonderful things for the Australian gold industry today. For the past three months since May 1, 2016, the average weekly close has been A$1,753/oz and so far in our July/June financial year it has been A$1,768 after being A$1,663 for the June 2016 half – A$100/oz better than the June half. Read the full article in the Mining Journalhttp://www.mining-journal.com/gold-and-silver-investor-hub/gold-and-silver-investor-hub-research/australias-gold-renaissance/

CNBC: Oil rebalancing much closer than IEA suggests

by Alison Sammes
cnbc-13-sep-2016-oil-rebalancing-much-closer-than-iea-suggestsTuesday, 13 Sep 2016: Barry Dawes appeared on CNBC's  "Commodities Corner" talking about the oil market. Watch the full video on the CNBC website: http://video.cnbc.com/gallery/?video=3000550878&play=1
OPEC has been increasing their demand figures and forecasts every month, while decreasing their output, says Martin Place Securities' Barry Dawes.

CNBC: Gold is in a powerful bull market

by Alison Sammes

cnbc-13-sep-2016-gold-is-in-a-powerful-bull-marke-investor-3

Tuesday, 13 Sep 2016: Barry Dawes appeared on CNBC's  "Commodities Corner" talking about the gold market. Watch the full video on the CNBC website: http://video.cnbc.com/gallery/?video=3000550879&play=1

Every correction in the gold market has been quite shallow, which hints at strong underlying demand, says Barry Dawes from Martin Place Securities.

 

Interview: This Is a Powerful Bull Market in Gold

by Alison Sammes
Don't miss Barry Dawes' interview on "The Street" with Daniela Cambone.
KITCO NEWS - Gold is in a strong bull market, and it's only going to get better, this according to Barry Dawes, executive chairman of Australian-based investment firm Martin Place Securities. But, unlike the doomsayers, Dawes is calling for a global economic boom and thinks gold stands to gain. 'This is a powerful bull market in gold,' says Dawes, noting that even more powerful forces are at work that will change the global allocation of capital. 'The world has never been as wealthy and the wealth is no longer a U.S. or Europe dominated force. China, India and South East Asia are now wealthy blocs with over 3,300 million people,' he said. In an interview with Kitco News, Dawes said he is calling for $1,500 an ounce gold by year end. 'The strength in the gold market has been displayed since the lows in January 2016 and long before Brexit became a market issue. Markets respond to the major long-term issues and tend not to be reversed over short-term matters,' he said. ... Read the full article on Kitco News 
Watch the interview with Daniela Combone on The Street: https://www.thestreet.com/video/13666564/this-is-a-powerful-bull-market-in-gold.html or on YouTube:

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