RSSCategory: Articles: Gold Silver Stocks

Gold-Stock Breakout

Gold-Stock Breakout

After weathering a long consolidation followed by a major correction, gold stocks remain deeply out of favor today. But this bearish sentiment is slowly yielding as gold powers higher in its usual autumn rally. Gold stocks are starting to show signs of life again. And after their strong advance since late July, they are now on the verge of a major upside breakout. Odds are this event will herald a major new upleg. Despite the gold-stock sector commanding some of the biggest gains of the past decade, gold stocks have become a four-letter word. The flagship gold-stock index, the HUI, essentially stalled out way back in late 2010. Then it […]

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Precious Metals Breakout: Royalty Companies Outperforming Major Miners

Precious Metals Breakout: Royalty Companies Outperforming Major Miners

For several weeks, we have been attracted to silver (SLV) due to rising demand as a monetary metal and declining supply due to the lack of new discoveries.  Silver is beginning to outperform gold (GLD).  The large miners (GDX) and the juniors (GDXJ) are continued to move higher ahead of Labor Day.  Investors are returning to a new uptrend in precious metals.  Technical breakouts appear to be forming similar to early 2009. The precious metal royalty companies are outperforming such as Royal Gold (RGLD) and Franco Nevada(FNV), which are hitting new 52 week highs and were added to our select list in mid-August prior to the breakout.  We believe we […]

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Formula to Profit from Canada’s Booming Gold Exploration

Bonanza-grade discoveries in precious and base metals are energizing exploration across Canada. Arie Papernick of Secutor Capital Management Corp. believes that unflappable investors stand to be rewarded for buying at the bottom of the market. In this exclusive interview with The Gold Report, Papernick points to promising developments for issuers prospecting in Canadian gold fields, including the mineral-rich black tar sands and the Labrador Trough. He also suggests techniques for preserving capital so to survive the coming black swans. Companies mentioned: AROWAY ENERGY INC. –BALMORAL RESOURCES LTD. – BEAUFIELD RESOURCES INC. – DNI METALS INC. – FANCAMP EXPLORATION LTD. – GOLD CANYON RESOURCES INC. – GOLD REACH RESOURCES LTD. – GOLDQUEST MINING CORP. – GTA RESOURCES AND MINING INC. […]

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Near-Term Targets for Gold, Silver and Mining Shares

Near-Term Targets for Gold, Silver and Mining Shares

It’s amazing. Suddenly, everyone is bullish again. Two months ago you couldn’t give away mining shares or Silver. No one wanted to buy. After back to back weekly gains (for essentially the first time since January) the gold bugs are back and proud. Bullish calls are coming out of the woodwork. This is good and all but as analysts our job is to stay ahead of the market, rather than react to or follow it, as so many professionals do. That being said, today we give you a quick synopsis of where things stand and the potential risks coming into play. Below we chart Gold and Silver in weekly form. […]

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Gold-Stock ETF Rising

Gold-Stock ETF Rising

As gold enters into a season of fundamental strength and what should be a powerful new upleg, there ought to be rekindled interest in gold stocks. In fact, if gold indeed rallies the gold-stock sector will likely see a much-more-powerful upleg than the metal considering how oversold it’s been. And one of the first places investors will go when they are drawn to this sector is the venerable GDX Gold Miners ETF. GDX was the first gold-stock ETF when it was born in 2006. And with net assets of nearly $8.0b, today it is the largest of its kind. GDX’s strong correlation history with gold has made it a popular […]

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Gold, Silver, Mining Stocks: Breakout Time, Not Bubble Time

Gold, Silver, Mining Stocks: Breakout Time, Not Bubble Time

Admittedly, for over a year and a half precious metals investors have been going through a time for testing of our essential position in wealth in the earth equities and bullion.  Investors were experiencing pain and panic at a time that it was easier to throw in the towel as the technical charts appeared to be broken as gold (GLD) and silver (SLV) went below the 200 day moving average.  We advised patience and fortitude despite an onslaught from fellow analysts and media coverage which were attempting to shake out our readers.  Now precious metals and miners appear to be making constructive and powerful breakouts. The casino has ever been […]

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Will Expert David Morgan Call the Bottom on the Metals Market Again?

David Morgan, editor of The Morgan Report, expects gold to top $1,800/oz and silver to top $40/oz by the end of the year and both to take off from there. In this exclusive interview with The Gold Report, Morgan shares the logic behind his predictions and identifies several companies set to benefit from the end of the precious metal doldrums. Companies mentioned: ENDEAVOUR SILVER CORP. – FIRST MAJESTIC SILVER CORP. – FRANCO-NEVADA CORP. – GOLD STANDARD VENTURES CORP. – SILVER WHEATON CORP. – SILVERCREST MINES INC. The Gold Report: What’s your current outlook on metals, the economy and the general market indexes? David Morgan: My outlook is bullish on the metals both short and long term. I think that the bottom […]

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New Cyclical Bull Underway in Gold Stocks

New Cyclical Bull Underway in Gold Stocks

Three weeks ago we wrote that the short-term outlook in precious metals was bullish. Quoting our conclusion: “The bottom line is this sector is very close to a breakout which would likely confirm the May bottom. The price action has started to improve and the sector has not been deterred by the aforementioned bad news which, in normal conditions would have caused a selloff. In the meantime, the public has been bearish the entire year and the dumb money has started to exit the market. It is this combination of factors that lead us to a firm bullish posture over the rest of the summer.” In terms of weekly closing prices, GDX and […]

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Contrary Gold Futures

Contrary Gold Futures

With gold awakening from its usual summer slumber, traders are getting more excited about its prospects. Presumably this shifting sentiment will even grow to encompass futures traders, who’ve been incredibly bearish on the yellow metal for months now. While traders hold futures guys in high esteem, they are just as susceptible to groupthink as everyone else. They are actually a powerful contrary indicator for gold. Just a month ago, it seemed like you couldn’t even give gold away. Bearishness abounded, and commentary and analysis were overwhelmingly pessimistic and calling for major new lows soon. Go back and skim the stuff published on gold in mid-July, and you’ll quickly see what […]

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This Junior Miner Was Able To Raise Capital In A Difficult Market

This Junior Miner Was Able To Raise Capital In A Difficult Market

Recent drilling at Corvus Gold’s (KOR.TO or CORVF) North Bullfrong is the best to date with some very interesting drill holes. Corvus also intercepted significant high grade silver on the property. This project is becoming a significant discovery. Corvus is looking to develop this project in stages. The company is looking to bring this to production by 2014. Drilling will be accelerated in September 2012. The asset is very attractive as it has a low cost of about $28 million to get into production. The North Bullfrog Project is a very important project for Beatty, Nevada which is experiencing high unemployment. There is a lot of local support for this […]

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Early Stage Silver Miners In Friendly Jurisdictions Ready To Move

Early Stage Silver Miners In Friendly Jurisdictions Ready To Move

We may be witnessing the beginning of a major move in the price of silver.  Supply comes mostly from Peru and Mexico where violence is increasing.   Newmont is having to deal with violent protests in Peru, Excellon and Fortuna in Mexico.  Right now, Pan American Silver is suspending investment in its flagship Navidad Project due to the rising resource nationalism in Argentina. Bolivia and Evo Morales may be nationalizing South American Silver’s (SAC.TO) deposit.  The company describes it as “one of the world’s largest undeveloped silver deposits.”  Tahoe Resources large silver deposit in Guatemala is being threatened by nationalism. This violence and rise of resource nationalism is impacting silver […]

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Bring Home Profits from Nevada

Investors do not need to travel the world to make money in gold mining stocks. Nevada has world-class geology, infrastructure and a mine-friendly legal system without the substantial risks of international resource development. In this exclusive Gold Report interview, David Sidders, founder of Xeitel Capital Management, discusses how to keep investments simple by staying close to home. COMPANIES MENTIONED: BRIGUS GOLD CORP. – BULLFROG GOLD CORP. – CORVUS GOLD INC. – ROMARCO MINERALS INC. The Gold Report: What is your overall strategy for gold-related investments at this time? David Sidders: As with any sector in the market right now, everybody is a bit cautious. There’s risk in everything and around every corner. We have problems in […]

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Gold in Stock Bears

Gold in Stock Bears

With the odds for a new stock bear growing, prudent contrarian investors are looking for bear-resistant destinations for their hard-earned capital. Plain old cash tops the list, as it will not only preserve wealth but increase its relative stock buying power as the markets grind lower. But why merely sideline capital if it can still be grown even during a stock bear? Gold has proven its ability to thrive in such markets. Last week I wrote an essay on the rising chances a new stock bear is looming. This primarily has to do with the bull-bear cycles. The stock markets endlessly march forward in a series of alternating bulls followed […]

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Double Bottom Breakout In Junior Mining Stocks Before Labor Day

Double Bottom Breakout In Junior Mining Stocks Before Labor Day

There is an economic malaise all over the world, record unemployment and soaring deficits, yet the general markets are hitting new highs.  How can a market rise despite all the negative gloom and doom economic numbers? We believe the market and intelligent capital is coming to the realization that the Central Banks through the use of Quantitative Easing and record negative interest rates may start a stagflation which is when commodity prices rise higher in the midst of poor economic conditions.  This occurred in the Ford and Carter administration when gold, silver and mining stocks soared. Yields are beginning to rise rapidly since we called the top on treasuries on 7-25-12. Supply […]

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