Weekly StatsGold got a little shaken last week and TA suggests that it will be on descent for a while as the Greenback seems to get some hype. What could reverse the interest in gold is the investors quitting the stock markets bubble into bonds and hopefully gold as the interest rates are starting to get attractive. If inflation is tamed, well those bonds might kill it for some time.
The biggest sellers were Anonymous (219K), TD Sec (76K) and Scotia (38K). The buyers were RBC (171K), ITG 84 (65K) and CIBC (41K).
| House Positions for C:SGNL from 20230925 to 20230929 |
| 1 Anonymous | 55,882 | 10,822 | 0.194 | 218,744 | 43,515 | 0.199 | -162,862 | 32,693 |
| 7 TD Sec | 24,325 | 4,860 | 0.20 | 75,606 | 14,410 | 0.191 | -51,281 | 9,550 |
| 85 Scotia | 0 | | 37,640 | 7,520 | 0.20 | -37,640 | 7,520 |
| 80 National Bank | 2,796 | 541 | 0.193 | 8,745 | 1,693 | 0.194 | -5,949 | 1,152 |
| 76 iA | 0 | | 250 | 47 | 0.188 | -250 | 47 |
| 39 Merrill Lynch | 100 | 19 | 0.19 | 0 | | 100 | -19 |
| 5 Citadel | 250 | 47 | 0.188 | 150 | 32 | 0.213 | 100 | -15 |
| 124 Questrade | 2,500 | 500 | 0.20 | 500 | 95 | 0.19 | 2,000 | -405 |
| 14 Virtu ITG | 2,351 | 453 | 0.193 | 120 | 24 | 0.20 | 2,231 | -429 |
| 13 Instinet | 2,500 | 500 | 0.20 | 0 | | 2,500 | -500 |
| 36 Latimer | 3,764 | 717 | 0.19 | 170 | 34 | 0.20 | 3,594 | -683 |
| 88 Credential | 4,000 | 774 | 0.194 | 0 | | 4,000 | -774 |
| 19 Desjardins | 7,150 | 1,362 | 0.19 | 0 | | 7,150 | -1,362 |
| 79 CIBC | 41,000 | 8,023 | 0.196 | 24,000 | 4,792 | 0.20 | 17,000 | -3,231 |
| 84 ITG84 | 64,520 | 12,541 | 0.194 | 0 | | 64,520 | -12,541 |
| 2 RBC | 170,909 | 34,217 | 0.20 | 16,122 | 3,217 | 0.20 | 154,787 | -31,000 |
| TOTAL | 382,047 | 75,376 | 0.197 | 382,047 | 75,379 | 0.197 | 0 | 3 |
Gold lost -3.2% and brought with it the seniors miners (-6.8%) and the juniors (-5.6%). Signal Gold closed the week at 20 cents on a low volume week but the bulk of the shares were sold around 19.5 cents. It's just too bad that we are trying to promote THE BEAST in these flat markets for the precious metals. If it continues like that, it seems that the sharks will get what they want.
| | Date | Open | Close | Yield | Volume ** | VWAP*** | VWAP Var. | WAGP**** | WAGP Var. |
| | Sept 25, 2023 | 0.21 | 0.20 | -2.44% | 213 848 | 0.196 | -5.31% | 1 892.60 | -1.72% |
| | Sept 18, 2023 ! | 0.215 | 0.205 | -4.65% | 129 555 | 0.207 | -2.82% | 1 925.80 | 0.54% |
| | Sept 11, 2023 ! | 0.215 | 0.215 | 2.38% | 319 922 | 0.213 | 1.43% | 1 915.40 | -0.57% |
| | Sept 4, 2023 *! | 0.21 | 0.21 | 0.00% | 92 970 | 0.21 | 4.48% | 1 926.30 | -0.71% |
| | Aug 28, 2023 | 0.205 | 0.21 | 0.00% | 202 900 | 0.201 | -4.29% | 1 940.10 | 1.77% |
| | Aug 21, 2023 ! | 0.22 | 0.21 | -2.33% | 101 050 | 0.21 | -4.55% | 1 906.40 | 0.32% |
| | Aug 14, 2023 | 0.22 | 0.215 | -4.44% | 117 950 | 0.22 | -2.65% | 1 900.40 | -1.20% |
| | Aug 7, 2023 * | 0.225 | 0.225 | 0.00% | 189 593 | 0.226 | 0.89% | 1 923.50 | -0.94% |
| | July 31, 2023 | 0.24 | 0.225 | -2.17% | 263 401 | 0.224 | -5.49% | 1 941.80 | -0.77% |
| | July 24, 2023 | 0.235 | 0.23 | 0.00% | 418 206 | 0.237 | 4.41% | 1 956.90 | -0.53% |
| | July 17, 2023 | 0.22 | 0.23 | 4.55% | 162 910 | 0.227 | 1.79% | 1 967.30 | 1.18% |
| | July 10, 2023 ! | 0.23 | 0.22 | -4.35% | 213 292 | 0.223 | -2.62% | 1 944.40 | 1.14% |
| | July 3, 2023 *! | 0.235 | 0.23 | 2.22% | 90 348 | 0.229 | -6.53% | 1 922.40 | 0.52% |
| | June 26, 2023 | 0.22 | 0.225 | 9.76% | 400 427 | 0.245 | 13.95% | 1 912.40 | -0.68% |
| | June 19, 2023 ! | 0.24 | 0.205 | -14.58% | 677 700 | 0.215 | -11.52% | 1 925.40 | -1.51% |
| | June 12, 2023 ! | 0.245 | 0.24 | -2.04% | 718 018 | 0.243 | -1.22% | 1 955.00 | -0.37% |
| | June 5, 2023 ! | 0.26 | 0.245 | -5.77% | 744 404 | 0.246 | -2.38% | 1 962.20 | -0.07% |
| | May 29, 2023 ! | 0.26 | 0.26 | 0.00% | 626 609 | 0.252 | -5.62% | 1 963.60 | 0.13% |
| | May 22, 2023 *! | 0.28 | 0.26 | -3.70% | 470 743 | 0.267 | -6.97% | 1 961.10 | -1.19% |
| | May 15, 2023 ! | 0.295 | 0.27 | -6.90% | 583 135 | 0.287 | -1.03% | 1 984.70 | -2.03% |
| | May 8, 2023 | 0.305 | 0.29 | -4.92% | 399 568 | 0.29 | -4.29% | 2 025.80 | 0.60% |
| | May 1, 2023 ! | 0.315 | 0.305 | -6.15% | 382 092 | 0.303 | -6.77% | 2 013.80 | 1.33% |
| | Apr 24, 2023 | 0.33 | 0.325 | -2.99% | 284 706 | 0.325 | -6.61% | 1 987.40 | -0.30% |
| | Apr 17, 2023 ! | 0.35 | 0.335 | -1.47% | 120 859 | 0.348 | 1.16% | 1 993.30 | -1.31% |
| | Apr 10, 2023 | 0.35 | 0.34 | 0.00% | 287 060 | 0.344 | 1.18% | 2 019.70 | 0.66% |
| | Apr 3, 2023 * | 0.345 | 0.34 | 0.00% | 346 063 | 0.34 | 1.49% | 2 006.40 | 2.16% |
| | | | | | | | | | |
| | * Market was open 4 days or less during the week in Canada | | | | |
| | ** Volume on the TSX only | | | | | |
| | *** Volume Weighted Average Price | | | | | |
| | **** Weekly Averaged Gold Price in $US | | | | | |
| | An exclamation mark (!) indicates that news were published during the week |