Bob Kirtley - gold-prices.biz

Endeavour silver corporation: new acquisition doubles reserves

Posted on April 18, 2012

Endeavour Silver Corporation (EXK) have just announced that they have entered into a definitive agreement whereby Endeavour will acquire 100% interests in AuRico Gold's operating El Cubo silver-gold mine in Guanajuato State, Mexico and the Guadalupe y Calvo silver-gold exploration project in Chihuahua State, Mexico, for total consideration of up to US$250 million.

Gold stocks: tread carefully

Posted on March 9, 2012

Clarity of vision can be lost in the everyday hustle and bustle of market gyrations, news events, political posturing and the whirlwind of activity that is our daily labor.

Apple Incorporated or Silver Wheaton Corporation?

Posted on March 6, 2012

Apple Incorporated (AAPL) or Silver Wheaton Corporation (SLW) some would say its a little like David and Goliath or Bambi meets Godzilla.

Agnico-Eagle Mines Limited: up 6.96% today

Posted on February 17, 2012

But as they say 'One swallow does not make a summer' and this one day bounce does not make up for the recent dismal performance of this stock.

Bullish Momentum Building in Gold and Silver

Posted on October 31, 2011

After correcting from above $1900 to below $1550, gold prices have undergone the necessary consolidation and now look poised to challenge the old highs.

The devil is in the detail of the one trillion euro deal

Posted on October 31, 2011

Euphoria hit the financial markets as the news was announced of a one trillion euro bailout package. The large European banks jumped by as much as 20% in a single day increasing their market caps by billions. This burst of excitement followed through to the United States where the DOW leaped forward as the banking sector lead the way to higher ground.

Posted on September 26, 2011

During the first financial crisis whereby the like of Lehman Brothers failed we heard the war cry ‘Too Big To Fail’ trotted out by our political masters.

Exciting times for gold bugs as the Eurocrats dither

Posted on August 22, 2011

Gold prices push higher as once again the ineptitude of our political masters fails to deliver. German Chancellor Angela Merkel and French President Nicolas Sarkozy had scheduled yet another problem solving high level meeting, out of which their followers expected a stroke of economic genius.

Silver prices update

Posted on July 20, 2011

The demand for silver remains very strong despite the regulators delivering an almost knock out blow when they changed the rules half a dozen times effectively inflicting margin calls on those who use margin.

Decline in US real rates to send gold past $1800

Posted on July 19, 2011

One of main determinants of gold prices in the medium to long term is US real interest rates. US real rates are the rate of interest that can be earned on US Government bonds, minus the expected rate of inflation. One can monitor US real rates by watching the yields on Treasury Inflation Protected Securities (TIPS) and we watch them closely since they exhibit a negative relationship with gold.