Tag: mining shares

Why Aren’t Gold Prices Rising?

| August 20, 2014 | Category: Price
Why Aren’t Gold Prices Rising?

So if demand for gold bullion is rising, as evidenced by central banks buying more, gold coin sales near record highs, and gold demand in India rising again now that the government is easing tariffs on gold imports, the million-dollar question is why aren’t gold prices rising? There is plenty of discussion about gold manipulation. I can’t comment on that, but in this article I will tell three things about gold bullion.

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Marc Faber: Gold Is One Of The Few Cheap Assets

Marc Faber: Gold Is One Of The Few Cheap Assets

Every investor understand the principle buy low and sell high. When prices are low, nobody wants to buy. When I compare gold shares and the price of gold to the S&P 500, the S&P is up substantially since 2011 and gold is down. So if you compare the performance of gold shares to the S&P, I think it’s been a disaster for gold shares. When I look around, I think the price of gold is one of the few assets that are relatively inexpensive.

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Time To Accumulate Stock Of Gold Stocks?

| February 16, 2014 | Category: Stocks
Time To Accumulate Stock Of Gold Stocks?

We often see comments to the effect of interest in gold miner stocks as a play on gold. Ten days ago, we did an analysis of silver-related stocks, Taking Stock of Silver Stocks, looking at SLW, PAAS, CDE, AG, SSRI, and HL. While many view mining companies as a proxy for gold, they are not necessarily so. There are many influences that can affect the performance of a mining stock that are unrelated to the performance of the underlying physical: management, cost of mining, depletion, labor issues, added debt, etc. What we know about charts is that they do not lie and most accurately depict conditions and character for each […]

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Entire Precious Metals Complex At Major Resistance

| February 10, 2014 | Category: Price
Entire Precious Metals Complex At Major Resistance

Purely from a chart perspective, price patterns show that the whole precious metals complex, i.e. the four metals and the mining indexes, are all simultaneously trading at key resistance levels or at the end stages of a trading range. Let’s look the price chart of each.

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The HUI Has Penetrated Its June Lows, Gold and Silver To Follow

| November 28, 2013 | Category: Investing
The HUI Has Penetrated Its June Lows, Gold and Silver To Follow

The June low for the gold mining sector was believed to the bottom for gold miners and as such presented a buying opportunity for the precious metals community. At the time we greeted this event with some trepidation and described the capitulation as a capitulation of sorts, but not a final one. In any bull market we have to climb the wall of worry and gold and silver did exactly that in the first phase of this bull market as many objectors denounced its progress. This wall of worry will always be with us as gold clings on in the hope that there is a U-turn coming and the bull […]

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Gold, Silver And The Mining Sector Have Not Bottomed Yet

| November 19, 2013 | Category: Price
Gold, Silver And The Mining Sector Have Not Bottomed Yet

As a bull on both gold and silver I do expect that this sector will shine once again, hopefully in the not too distant future. However we are still of the opinion that this gold bull market remains in a bear phase for now. The timing of market directional changes is critical to the success of any investment. We all know that it is impossible to pick the very top or the very bottom of the market and so enter and exit the market with absolute perfection. That just does not happen, but it is incumbent on us to try and get as close as possible to these turning points in order to maximise our profits.

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Gold Mining Equities: A Play Against the Tide

| August 22, 2013 | Category: Stocks
Gold Mining Equities: A Play Against the Tide

It is our view that at current prices gold mining stocks offer a bargain opportunity. On one hand gold mining equities are extremely cheap and discount a gold price of approx. $1,000 per ounce. By owning gold equities an investor is capitalizing on gold, but at a great discount. On the other hand, at current valuations, “in-situ” ounces in the ground are historically cheap and some companies do not get any value for their gold in the ground at all because the investor community is pricing gold equities based on free cash flow only, the rest does not count at the moment.

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Are We At Maximum Pessimism In Resource Stocks?

Are We At Maximum Pessimism In Resource Stocks?

Bear markets, like we are in now, beget bull markets. Bull markets beget bear markets. When you are feeling terrified, you have to be aggressive; when you are feeling brilliant, you have to sell. If you do not do that, you will be a victim. It is just the way it works. If you ignore the fact that these are capital-intensive and cyclical businesses, you are roadkill on a good day.

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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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Rare Earth Investment Update

| February 26, 2012 | Articles: Insights
Rare Earth Investment Update

By Jeff Clark, Casey Research We’ve received a number of inquiries from Casey Research subscribers about our opinion on the current rare earth metals market. We have covered this topic previously, but this article, we’ll take a fresh look. As a matter of a recap, rare earth elements (or REEs) is a generic name for 17 metals widely used mostly in high-technology devices, such as mobile phones, laptops, flat screen televisions, hybrid car batteries, lasers, optics, and military equipment. New uses for these metals are being constantly found, but more on that later. Despite the name, these metals are not actually rare in nature. The name refers to the fact […]

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Buying Opportunity During Precious Metal Corrections: New Gold

Buying Opportunity During Precious Metal Corrections: New Gold

From the players who gave Newmont (NEM) and Franco Nevada (FNV) to the world of precious metals, there are significant new developments. Gold Stock Trades focusses on the significance of expansionist moves that slowly but surely augurs a profitable future for New Gold. New Gold has consolidated the ownership of the Blackwater Property by taking over Silver Quest.  The importance of this particular chess play not only allows New Gold (NGD) to command precious territory in British Columbia, but builds a commanding (100%) ownership of a rapidly growing deposit in a mining friendly jurisdiction. New Gold has a growing and large cash position.  They are committed to using these dollars […]

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Takeovers the Path to Golden Returns

Sascha Opel, publisher of one of Germany’s most popular commodity newsletters, looks at the economy with rose-colored glasses. He sees the end of the Euro crisis and sees Asian growth as the engine pulling the world out of its economic malaise. He finds the path to golden returns in gold and silver companies likely to be taken over and in this exclusive interview with The Gold Report, he’s not afraid to name likely targets. COMPANIES MENTIONED: ALACER GOLD CORP. –ALLIED NEVADA GOLD CORP. – ASTUR GOLD CORP. – CARPATHIAN GOLD INC. – CENTAMIN EGYPT LTD. –COLOSSUS MINERALS INC. – COLT RESOURCES INC. – CORRIENTE RESOURCES INC. – DETOUR GOLD CORP. – MANSFIELD MINERALS INC. – OREX MINERALS […]

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Gold Shares continue to lose ground against gold itself

Gold Shares continue to lose ground against gold itself

The gold mining shares, as evidenced by the HUI, continue to lose ground against the price of gold bullion itself. They are approaching the three year low in this ratio that was made 3 weeks ago. One would think that they would find some buying support soon for valuation reasons. The hedge funds continue to ply that ratio spread trade which they will do until they can no longer make any profits off of it. Maybe we are seeing a bit of a delayed reaction to news that the Obama budget contains a hefty 5% royalty tax on their revenues. That budget has zero chance of passing in its current form […]

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The S&P 500 has upleg room to run

The S&P 500 has upleg room to run

The US stock markets have been on fire lately, still marching higher even after the S&P 500 powered to its best January in 15 years.  Doubted from its very birth, this latest stock-market upleg continues to inexorably climb the proverbial Wall of Worry.  But while bears keep on arguing for its imminent demise, today’s upleg actually still has plenty of room to run higher.  Despite the naysayers, it isn’t too late to buy in yet. To understand where the winds of probability are likely blowing the stock markets next, we first have to gain crucial perspective on where they have been. And good charts are worth far more than a […]

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