Posted on May 14, 2013
Be nimble when gold changes direction because it can move quickly.
Posted on May 3, 2013
On the surface it looks as though the bottom is in and stock prices are cheaper now then they have been for some time.
Posted on April 11, 2013
The recent rally in the US$ was more a product of the fall in other currencies than a strengthening of the dollar.
Posted on March 4, 2013
Silver prices have now traded sideways for around 16 months.
Posted on February 18, 2013
Go gently with the implementation of your investment program.
Posted on August 24, 2012
In anticipation of the ECB and the Federal Reserve deciding to stimulate the economy through an infusion of newly created paper money gold prices have started to recover and head north.
Posted on July 31, 2012
This week we have meetings involving the ECB and the Federal Reserve followed by the job numbers on Friday. These meetings, summits, announcements have an effect on the investment community in that investment funds tend to stay on the sidelines until the direction of the markets becomes clear.
Posted on July 23, 2012
Our acquisition programme has been on hold for some time now as gold and silver prices consolidated and the mining sector failed to sparkle. Gold has temporarily been sidelined by the pantomime that is European politics.
Posted on July 11, 2012
"This is a company with a business model that is extremely difficult to argue with. Franco Nevada has a diversified portfolio of high margin, cash flow producing assets principally in North America."
Posted on July 6, 2012
It has been an interesting week on the economic stimulus front with what looks like a co-ordinated effort by the major powers to ignite their respective economies.
Posted on July 4, 2012
The situation in the euro-zone remains dire, however, the euro strengthened when the European Council President Herman Van Rompuy said the euro zone reaffirms its commitment to use its bailout funds to calm markets, thus weakening the dollar, for now.
Posted on June 15, 2012
In the early days of this bull market in precious metals we all did well as most mining stocks sprang to life and made considerable gains.
Posted on June 7, 2012
Gold prices jumped last week when the unemployment rate was reported unchanged at 8.2%.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Posted on July 18, 2011
So there you have it, after 6000 years of being money, gold is not money according the Federal Reserve Chairman, Ben Bernanke.
Posted on July 15, 2011
We made our first purchase of First Majestic Silver Corporation (FR:TSX || AG:NYSE) on 9th Feb 2011 at $13.13 and decided to hold despite a rapid rise in the order of 92% gained within two months of purchase. As we can see from the chart the stock price has eased along with the correction in silver prices.
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