RSSCategory: Articles: Gold Silver Stocks

Financial Astrology: Metals Under Accumulation

Financial Astrology: Metals Under Accumulation

The recent pullback in silver is counter intuitive to the HUI and suggests something is not jiving with the paper price of silver.  There are currently very strong aspects with Jupiter (silver) and Saturn (gold and mining) to the U.S. chart that would suggest institutional investors acquiring large amounts of the precious metals.  There could be more backwardation going on behind the scenes as the miners look bullish while the paper prices are moving lower.  Silver Wheaton (SLW),  Pan American Silver (PAAS),  Mag Silver (MVG), and Coeur D Alene (CDE) have not pulled back in line with the paper price and continue to look bullish. I would have expected more […]

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Randgold Resources Limited Heading Towards the Buy Zone

Randgold Resources Limited Heading Towards the Buy Zone

From its yearly low of $72.91 in May, Randgold Resources (GOLD) surged to a high of $127.27 in early October, up a staggering 75%. Having recently retreated to $117.61 Randgold is drifting back into the buy zone. Randgold currently operates 4 mines, 3 in Mali and 1 in the Ivory Coast. A development in the Democratic Republic of Congo (DRC) is set to pour its first gold in 2013 and further exploration projects are underway in the DRC, Ivory Coast, Mali and Senegal. A major concern for Randgold investors in the past year has been the Mali Military Coup, sparked in late March. The share price plummeted on this news and the […]

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Stock Bull Topping

Stock Bull Topping

With the US stock markets near major multi-year highs, traders are naturally very optimistic. Predictions abound for a continuing advance to new all-time highs. But behind this happy facade, the secular picture is actually quite bearish. The powerful stock bull of recent years appears to be topping in recent months. This means the odds are ballooning that a new bear market is being born or soon will be. Few, if any, things are more important for stock investors to understand than the bull-bear cycles. They can only be ignored at great peril. Investors who refuse to study them inevitably end up buying stocks at the wrong times in these cycles. […]

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Correction in Gold & Silver Stocks Nearing End

Correction in Gold & Silver Stocks Nearing End

We expected a correction after the gold and silver shares ran into predictable resistance that coincided with October seasonal resistance. That was predictable. Now we are 19 days into the correction and we see some stealth signs of strength and signs of the correction nearing its end. Let’s take a quick look at GDX before we get to the analysis. There are numerous positive elements to the current technical makeup of GDX. First, is the price action. The market has very strong support at $48 to $49. It first bottomed at $50.90 and then at $50.81 on Monday. Since then, GDX pushed higher to $53. Secondly, note that the RSI […]

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Gold & Silver Mining Stocks Hold Well Despite Metals’ Correction

Gold & Silver Mining Stocks Hold Well Despite Metals’ Correction

Based on the October 12th, 2012 Premium Update. Visit our archives for more gold & silver analysis. Despite a lukewarm, lackluster first half of the year, Gold has so far risen by 13 percent in 2012, nothing to sneeze at. The price of gold rose by about $215 in 2012, with most of the gains, $165 worth, having materialized in the last two months. This was after the U.S. Federal Reserve announced its plan to resume buying bonds to prop up the economy. The underlying bullish case for gold remains intact, given the prospect of indefinite loose monetary policy. Central banks have been supporting gold this year and it’s no […]

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Cheap Gold Stocks part 4

Cheap Gold Stocks part 4

After surging sharply in August and early September, gold stocks have been consolidating sideways ever since. Naturally this loss of momentum has sapped the nascent trader enthusiasm for this sector. But stalling out temporarily certainly doesn’t negate gold stocks’ dazzling fundamentals. They remain deeply undervalued relative to gold, the metal that drives their profits and hence ultimately their stock prices. While sentiment (greed and fear) dominates short-term stock-price swings, over the long run stock prices are nearly exclusively determined by fundamentals. Investors buy stocks to own fractional stakes in the underlying companies’ profit streams. The bigger those profits grow, the higher the stocks are bid of the companies earning them. […]

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Analysis on Platinum And Precious Metals Stocks

Analysis on Platinum And Precious Metals Stocks

I would be a buyer with slightly more weakness in this sector. Below I’ve indicated potential areas of support on the stocks I like in this sector. I believe this pullback will be swift and extremely volatile, and it will be bought quickly so you’ll have to be quick on the buy button. There is just too much strength in the RSI for this rally to be over. “To learn more about All About Trends and receive our free report — “How To Outperform 90% Of Wall Street With Just $500 A Week”, sign up for our free newsletter here.   “All About Trends” learns you to master trading techniques to […]

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COT Report Is Short Term Bearish For Gold

COT Report Is Short Term Bearish For Gold

The Gold Cycle looks fairly easy to read; once you strip out any biases you may carry.  Quite simply, it’s screaming Investor Cycle top and warning of a significant decline.   Sure when viewed through the idea of endless printing and world crises’, one could easily suggest or envision much higher prices before any significant pullback.  This type of thinking is actually what drives IC tops, an unrelenting belief that a Cycle will continue higher based on short term speculative interest and a fear of missing another move. But the facts are that we’re very deep in the timing band for an IC top, we have a very bearish COT report, […]

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Junior Mining Stocks Could Soon Outstrip the Senior Ones

Junior Mining Stocks Could Soon Outstrip the Senior Ones

It would behoove those who still cling to a misguided faith in fiat currencies to pay close attention to what is happening in Iran. The rial swooned in a free fall as much as 18% on Monday to a record low against the US dollar. The collapse was so steep that Iranian currency websites blanked out the rate. The currency has reportedly lost 80% of its value since the end of 2011. It is literally getting to a point that it will not be worth the paper on which it is printed. The economic sanctions imposed on Iran over its disputed nuclear program are hitting Iran where it hurts. Inflation […]

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Potential Intermediate Term Targets for Gold & Gold Stocks

Potential Intermediate Term Targets for Gold & Gold Stocks

The precious metals complex rebounded strongly in August and September, which is typical when the larger trend is bullish. We believe the larger trend turned bullish with the bottom in May. However, weeks ago we noted targets of $1800 for Gold and 57 for GDX as resistance points. The market has begun a corrective period which should last deep into October. Nevertheless, such a correction would provide an excellent entry point before the market makes its next move higher. Today we examine potential medium term and intermediate term targets for Gold and the gold stocks. Starting with Gold, we find it correcting and consolidating after reaching resistance at $1800, which […]

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Silver Miners ETF

Silver Miners ETF

It’s hard to believe that silver was trading at only $4 just 11 years ago. And amazingly it was only 7 years ago that silver had hit $10 for the first time in nearly two decades. Now at over $30 and rising, silver is flexing its muscles as one of the best-performing assets of the last decade. There’s no arguing that silver’s secular bull has been spectacular. Since its 2001 low, silver had soared a staggering 1094% to its 2011 high. And based on its structural fundamentals, silver’s bull still likely has plenty of room to run in the years to come. Investors who’ve been accumulating this precious metal over […]

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Junior Miners (GDXJ) Are Outperforming Gold Bullion (GLD)

Junior Miners (GDXJ) Are Outperforming Gold Bullion (GLD)

Jeb Handwerger, editor of GoldStockTrades.com, says the technicals are lining up for precious metals players, not just the fundamentals. The fundamentals for gold and silver appear to be making a positive turn as the US, ECB and Bank of Japan simultaneously signals Worldwide QE3. The charts are just beginning to make new uptrends and may have much more room to go. One must remember both gold and silver have not made new inflation adjusted highs despite record sovereign debt levels and a coordinated worldwide currency debasement.  There is much more room to go in this rally as many investors still need to unwind a record position in cash and treasuries. […]

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Time To Establish New Gold Positions

| September 28, 2012 | Articles: Gold Silver Stocks
Time To Establish New Gold Positions

The following is an excerpt from the premium mid week update from the The Financial Tap, which  is dedicated to helping people learn to grow into successful investors. They provide cycle research on a number of markets through weekly updates and the offer real time trade alerts to take advantage of market inefficiencies. They offer a FREE 15-day trial where you’ll receive complete access to all the valuable resources on the site. The miners have taken a 4 day beating and just like that (as warned in the weekend report) they gave back 10% of their gains.  I was looking for at least a gap fill back at the $51.50 level and preferably a move […]

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This Gold and Silver Miner May Be The Next Takeout Target

This Gold and Silver Miner May Be The Next Takeout Target

In 2010, we predicted the acquisition of Fronteer Gold by Newmont Mining (NEM) for $2.3 billion dollars. One gold and silver miner which we believe is a near term takeout target possibly before the end of 2013 is Paramount Gold and Silver (PZG). We highlighted this company a few weeks ago and already it has made a powerful move. The primary reasons we believe the majors are looking at Paramount is that they have known advanced NI 43-101 resources of over 100 million ounces of silver and 4 million ounces of gold at their two properties in mining friendly Nevada and the historic Sierra Madre Trend Mexico. This is a […]

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