RSSCategory: Articles: Gold Silver Stocks

Why Cash Flow Is Crucial To Gold and Silver Mining Investors

Why Cash Flow Is Crucial To Gold and Silver Mining Investors

Since July we have alerted our readers to a breakout in gold and silver prices as we expected a risk on rally in commodities with the catalyst being QE3 combined with worldwide stimulus moves from Central Bankers.   Since that time silver has soared 30% higher almost 10 straight weeks in a row as Bernanke announces a QE 3, 4, 5+…? and record low interest rates until mid 2015. Silver has been outperforming gold over the past 10 weeks as investors are hoarding and buying poor man’s gold to hedge against worldwide quantitative easing and pump-priming being implemented by Central Banks around the world to devalue their respective currencies.   The Bank […]

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HUI looks strong – Following S&P 500 Higher

| September 19, 2012 | Articles: Gold Silver Stocks
HUI looks strong – Following S&P 500 Higher

The mining shares are seeing some very good inflows of speculative money. The result has been an advance for 8 out of the last 9 weeks. The chart shows the index blowing through resistance levels with relative ease with the next Fibonacci retracement level within striking distance. As the trend is higher, we would expect dips in price to be bought. Initial support for the index is down near the 50% retracement level that comes in near the 505 region. AT some point longs will decide to take some money off the table after a run of this nature but as to where and when this will occur, we will […]

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Project Funding in the Mining Sector

Over the past summer we suggested that we would see more money become available to quality mining projects from banks sitting on tons of cash ready to loan out on credit worthy projects in their ever increasing need for higher yield. In our September 11th, 2012 blog post we stated that “Project funding will become available via bank loans on favourable projects; we can expect alot of money coming into the resource space and new projects will move towards production”. Here is an exerpt from the TDV Golden Trader newsletter sent out to subscribers on July 23, 2012: I suspect alot of that money will come into the commodities market and especially into the […]

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Bubbles, Bubbles, Everywhere

| September 18, 2012 | Articles: Gold Silver Stocks
Bubbles, Bubbles, Everywhere

Here is a great weekend report by a friend and trader who runs the financial site Financial Tap. Every once in awhile he makes his reports available to the public so they can see the quality analysis he brings to the table and he also offers a free trial to his premium service. CYCLES ANALYSIS GOLD – Cycle Counts Cycle Count Observation Outlook Daily Day 10 Range 24-28 Days Neutral Investor Week 18 Range 18-22 Weeks – 4th Daily Cycle Neutral 8Yr Month 47 Range 90-100 Months Bullish Secular Bull Gold in a secular Bull Market Bullish Gold is moving almost vertically now, the pent up energy of a year worth of […]

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Brock Salier Unlocks the Secrets of Gold Miner Valuations

What does high grading have to do with the disconnect between high gold prices and low valuations among junior and mid-cap producers? In this exclusive Gold Report interview, Brock Salier, a mining analyst with GMP Securities Europe LLP in London, explains high grading and provides insights into the future of gold mining in Africa, from high-grade underground assets to low-grade near-surface discoveries. Companies mentioned : AFRICAN BARRICK GOLD PLC : AUREUS MINING INC. : BANRO CORPORATION: BARRICK GOLD CORP. : CLUFF GOLD PLC : LA MANCHA RESOURCES INC. : LONCOR RESOURCES INC. : OREZONE GOLD CORPORATION : PAPILLON RESOURCES INC. : RANDGOLD RESOURCES LTD. : RIVERSTONE RESOURCES INC. : ROXGOLD INC. : TERANGA GOLD CORP. : VOLTA RESOURCES INC. The Gold Report: Brock, […]

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Five Must-Haves for Junior Mining Companies

Valuation disconnects among producers, rising gold price and juniors facing funding crunches are among the factors fueling a spate of M&A activity. In her first exclusiveGold Report interview, Aleksandra (Sasha) Bukacheva, a mining research analyst with Fraser Mackenzie in Toronto, shares her list of likely targets and suitors in the zinc, copper and precious metals spaces. Companies mentioned: FORAN MINING CORP. : IMPERIAL METALS CORP. : LUNDIN MINING CORP. : MCEWEN MINING INC. : MINERA IRL LTD. : TREVALI MINING CORPORATION The Gold Report: Sasha, what are four or five must-haves for investing in junior mining companies in today’s market? Sasha Bukacheva: To start, I prefer metal producers to developers and explorers, especially in this market. In […]

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Silver Bull Seasonals 2

Silver Bull Seasonals 2

Silver is mined year-round at a fairly constant rate across the globe. Thus it is somewhat counterintuitive that this metal would exhibit marked seasonal tendencies tied to the calendar. But it sure does. Unlike the agricultural commodities, silver’s seasonality is driven by fluctuations in demand rather than supply. And silver is just entering its strongest time of the year, which is very bullish for it and its miners’ stocks. The primary driver of silver price action is gold. The vast majority of the time with few exceptions, silver’s fortunes are closely slaved to gold’s. Investors and speculators are only likely to plow capital into silver and drive up its price […]

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HUI Technical Chart

| September 15, 2012 | Articles: Gold Silver Stocks
HUI Technical Chart

The HUI is closing in on a KEY technical resistance level on its weekly chart at the 50% Fibonacci Retracement level of its last year summer high and this years trough. That level is basically right at the high made in today’s session as it comes in beginning at the 504 level. If the HUI closes the week through this level on a good strong note, look for the index to move towards the 540 level. Note that all of the major moving averages, whether the shorter term 10 and 20 week or the 50 week moving average are either turning higher or flattening out and beginning to turn.

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Gold And Silver Stock Picking Is Key To Success

Gold And Silver Stock Picking Is Key To Success

It’s not an understament to say that gold and silver stocks are historically cheap. The correct way of looking at it, is to measure the value of the leading gold stock indexes by one ounce of gold. Below are long term charts of two gold stock indexes: the HUI and Barron’s Gold Mining Index. They are both measured in gold based on the spot price of September 7th, 2012. Chart courtesy: Goldchartsrus.com Both charts tell the same story: only on exceptional occasions during the current powerful gold bull market have we seen such low valuations of gold and silver stocks. Sounds like an opportunity to pick undervalued gold shares? Yes […]

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Gold and Silver Miners Breakout As Open Ended QE3 Announced

Gold and Silver Miners Breakout As Open Ended QE3 Announced

The Fed has announced the next round of QE after the Europeans, Chinese, Japanese and South Koreans make stimulative moves to devalue their currencies and boost their economies.  This is very bullish for gold and silver.  Gold and silver is extending its rally from early August while the miners breakout being led by the silver miners We have reiterated for some time that the Fed’s solitary success has been in inflating U.S. debt assets to create the feeling of wealth through record low interest rates in order that consumers with deep pockets will spend and invest in quality companies which in turn will create capital expenditures for an ongoing recovery.  […]

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Bonanza Discoveries That Will Drive Gold Stocks

New deposits and economic triggers will drive gold stocks, says Eric Coffin, the editor of HRA Journal. In this exclusive interview with The Gold Report, Coffin identifies the management characteristics of gold juniors that make money for investors. A successful gold explorer in his own right, Coffin names his picks from the Yukon to the Caribbean. Companies mentioned : ATAC RESOURCES LTD. : COMSTOCK METALS LTD. : EUROMAX RESOURCES LTD. : EVOLVING GOLD CORP. : GOLDQUEST MINING CORP. : KAMINAK GOLD CORP. : KINROSS GOLD CORP. : NORTHERN TIGER RESOURCES INC. : PRECIPITATE GOLD CORP. : PREMIER GOLD MINES LTD. : RESERVOIR MINERALS INC. : SILVERCREST MINES INC. The Gold Report: Eric, why is there a bear market for metal mining companies in a season […]

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Why Are The Silver Miners Outperforming?

Why Are The Silver Miners Outperforming?

We have seen major developments in the silver mining sector (SIL) which shows that the majors are hungry for the juniors.  Coeur D’Alene (CDE) has made some strategic investments in some juniors silver explorers in British Columbia and Mexico, Hecla (HL) made a bid for U.S. Silver and Silver Wheaton (SLW) has signed its first major royalty deal in years.  This signals that the smart money believes we are near a bottom and we may just be at the beginning of a major move in the junior silver miners.  The majors are hungry for new deposits in mining friendly jurisdictions.   Since Bernanke’s Jackson Hole speech that sparked a risk […]

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Gold Stocks: History Argues for More Upside

Gold Stocks: History Argues for More Upside

Gold and silver stocks are not only the most volatile sector but the highest beta sector. Therefore the percentage moves can be quite exaggerated relative to the market. Currently, the shares have emerged from a W bottoming pattern. They have gained substantially (in percentage terms) in just the past month. I wanted to consult history and in particular the rebounds following the bottoms in 2000, 2005 and 2008 to get a sense of the reasonable upside potential over the coming months. Judging from history, one should not be alarmed about the recent gains because these rebounds tend to run much longer and higher. Below we chart the HUI in weekly […]

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Senior Golds Look to Juniors for Growth

Senior producers seeking to replenish depleted gold reserves will be looking to promising juniors to provide needed ounces, suggests Dave Goguen, director of institutional sales for PI Financial Corp. In this exclusive interview with The Gold Report, Goguen provides his views on where senior gold producers will be hunting and which companies will meet newly stringent criteria in the risk-averse but increasingly gold-hungry world marketplace of today—and tomorrow. Companies mentioned : ALMADEN MINERALS LTD. : B2GOLD CORP. : BELO SUN MINING CORP. : ESPERANZA RESOURCES CORP. : TIMMINS GOLD CORP. : TOREX GOLD RESOURCES INC. The Gold Report: Dave, tell us a little bit about PI Financial. David Goguen: PI Financial Corp. (PI) is one of Canada’s largest, independent, employee-owned full […]

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