Tag: gold miners

Gold Is Exceptionally Cheap At The Moment

Gold Is Exceptionally Cheap At The Moment

According to Hathaway, gold is exceptionally cheap at the moment because the radical monetary policies practiced by the world’s leading central banks have led to an egregious mispricing of risk by investors at large. We believe that the Fed’s continuing (and increasingly glaring) inability to normalize interest rates validates our long standing thesis that monetary extremism cannot be unwound without triggering a slew of unacceptably painful consequences for the holders of risk assets and bonds.

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Gold and Miners Jump as Dollar Dumps

| October 2, 2015 | Category: Price
Gold and Miners Jump as Dollar Dumps

Gold and gold miners benefit from falling bond yields today. Gold is a non-yielding asset. As a result, its appeal increases when bond yields fall. That’s especially true if the dollar is dropping as well (more on that shortly). Gold may also be benefiting from increased tensions in the Mideast. The daily bars on the first chart show the Gold SPDR (GLD) jumping the equivalent of $23 dollars today (+2.2%). Gold is recovering from a five-year low, and has a long way to go to reverse its major downtrend. The same is true of gold miners.

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Gold Miners: The Ultimate Contrarian Investment

| September 28, 2015 | Category: Stocks
Gold Miners: The Ultimate Contrarian Investment

Returns have been quite awful to say the least, which from a contrarian perspective gives investors a chance to bet on a short term bounce, if not a long term rebound. Conditions in the Precious Metals sector are very much depressed from the historical basis, as evidenced by the following two charts.

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Now Is The Time To Accumulate Future Gold Mining Tenbaggers

| September 24, 2015 | Category: Stocks
Now Is The Time To Accumulate Future Gold Mining Tenbaggers

One of the people who has proven to be extremely successful in the gold mining area is Keith Neumeyer. He has made First Quantum Minerals and First Majestic Silver successful, and he started those companies at the depths of the previous bear market. His first two gold miners reached billion-dollar market caps. He now is going for a third succes with First Mining Finance (FF). It’s a mineral bank for hard asset investors, where Keith and his team will accumulate high-quality resources at dirt cheap prices due to the 4-year commodity bear market.

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Gold – A Bullish Scenario

| August 27, 2015 | Category: Technicals
Gold – A Bullish Scenario

Gold’s punk price action this week has turned me mildly skeptical, but I’ll follow the bullish lead of a chat room denizen who saw encouraging signs on Thursday. He posted as follows: “Just to let you guys know, [something happened that] I haven’t seen in a very, very long time: NUGT is up 16%, many of the miners I follow…are up quite a bit, and Gold is not down. This is a telltale sign that Gold…is ready for a launch.”

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Gold Miners And Regulators Deathly Silent after Gold Price Attack

| July 31, 2015 | Category: Investing
Gold Miners And Regulators Deathly Silent after Gold Price Attack

The mining industry is thinking that it should just die quietly and obediently! I think its value is likely to fall to zero, and its executives will have nothing to say for themselves or their companies all the way to zero. The industry is worthless, and it’s worthless not so much because of the attack on the monetary metals by central banks. It’s worthless because its own shareholders and executives are content to die quietly.

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Gold Stocks: Take the Low Risk Road

Gold Stocks: Take the Low Risk Road

The S&P 500 Index hit an all-time high in May 2015. The XAU index of gold stocks hit a 13 year low this week – July 8. The XAU to S&P ratio shows that gold stocks have been weak for several years and appear ready to reverse higher. Take the low risk road. At this time the S&P looks like a high risk path while the XAU looks like a low risk road.

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Crowdfunding In Gold: $1 Million For The Next Gold Discovery

Crowdfunding In Gold: $1 Million For The Next Gold Discovery

The gold mining industry is not really known for innovation. This could be changing with the first crowdfunding challenge ever set up by a gold miner. Integra Gold launched a challenge to find the next large gold discovery.

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How To Mimic China’s Profitable Gold Strategy

How To Mimic China’s Profitable Gold Strategy

The strategy that China has taken in the gold market can also be implemented by individual investors, by focusing on specific gold companies who – in the midst of a commodities bear market and global currency war – are out acquiring already-established gold assets.

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Gold Miners Flirting With Key Trendline

Gold Miners Flirting With Key Trendline

So far the Gold Mining sector has failed to staged a strong rebound from the very important support level at around 160 on the HUI Gold Bugs Index. While the price still remains above support, it has not yet moved above the 200 day moving average.

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Gold And Miners Secular Uptrend Pulled Back To Long-Term Support

Gold And Miners Secular Uptrend Pulled Back To Long-Term Support

The support level in COMEX Gold is actually a zone as opposed to a cleanly defined line. Notice how price ran into resistance between $1055 and $1110 back in 2008 / 2009 and then turned that level into support in late-2009 / early-2010. Now, in 2015, Gold has pulled back almost to the support zone with a low so far of $1132. Some analysts are calling for a low of $1030 before the current cyclical bear trend is completely finished. While none of us want to see a price of $1030 on the yellow metal, notice that $1030 would just be a test of the long-term support zone.

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Gold Investors Are Anticipating A Rally In Gold Miners

Gold Investors Are Anticipating A Rally In Gold Miners

NUGT, the 3x ETF, is hovering at or below support with a very clear volume signature. The reason I think this might be a chart to pay attention to is where there is this much smoke, there is usually fire. With 200 Million shares on the week, its important to remember one primary cornerstone of Technical Analysis is volume precedes price. A chart that glitters might be worth some attention even if you choose to use another ticker symbol for your trade.

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Price Targets For Gold, Silver And Miners

Price Targets For Gold, Silver And Miners

Gold reached the target at $1150 and closed above that support level last Friday. Unfortunately, the weekly chart is still suggesting that price is heading lower. The three moving averages are in bearish alignment, MACD is in bear mode (both lines below zero), and the MACD histogram is declining below the zero line.

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