Gold Mining News

Did JPMorgan Cover More Short Positions Yesterday?

Well, that little dip in the gold price in the wee hours of yesterday morning didn't amount to much… although it did set the low [around $1,231 spot] for the Tuesday trading session. 

Gold and Silver's Daily Review for 1st September 2010

To our surprise Asia drove the gold price well into resistance at $1,250 up two dollars on New York's close.   This was evidence of the steady tide of demand from the east.   There was little […]

GOLD SETTLES $11.10 HIGHER … ($1250.30)

The Gold market rally continues to be fueled by physical demand both from Asian sector purchasing bullion for their upcoming Wedding and Festival seasons as well as savvier global investors who seek safer haven investments.

Gold Forecaster – Why the Bank of Japan's Economic Stimulus is good for the Gold Price

The issue this week was the meeting of the Bank of Japan where they debated what to do about a Yen strong enough to damage Japanese exports, the mainstay of the Japanese economy.   It was […]

Now That GATA Can Be Quoted, Can Central Banks Be Asked?

Monday was an extremely quiet trading day in both precious metals, despite the fact that it was also the last trading day in the August contract.  Gold was in a four dollar trading range throughout Monday… […]

Roger Wiegand: Opportunity in Crisis

Source: Brian Sylvester of The Gold Report 8/30/10 http://www.theaureport.com/pub/na/7226 Listening to Trader Tracks Editor Roger Wiegand talk about market conditions and precious metals is like listening to your favorite uncle tell stories at Thanksgiving.

How to Invest in Junior Gold and Silver Companies

The various large-cap gold stock indices are readying for a major breakout. As we’ve noted, this isn’t just a breakout through 2008 highs but a breakout through highs dating back to 1980. Yes, there are […]

Proposing an Overnight Gold Fund

There is much debate within the precious metals industry regarding the alleged suppression, or at least manipulation to an extent, by either central banks or the proprietary trading divisions of large banks, or a combination […]

The True Value of Gold

Gold traded in a $5 price band in Far East and half of London trading on Friday.  Then, when the Comex opened, gold traded in a $10 price band.  Options expiry passed with barely a whimper.  […]

UBB blast persuades MSHA to issue guidelines for industry compliance with ventilation regulations

As a result of troubling testimony heard in a recent field hearing regarding the explosion of Massey Energy’s Upper Big Branch mine, the US Department of Labor’s Mine Safety and Health Administration has announced the […]

Great Quest Options its Taseko Project to Granite Creek Gold Ltd

Great Quest Metals Ltd., (TSXV: GQ; Frankfurt: GQM) has optioned its Taseko project to a newly formed company, Granite Creek Gold Ltd., in exchange for the issuance of 6.75 million shares of Granite Creek over […]

Gold and Silver's Daily Review for 30th August 2010

The week started with gold holding the levels last Friday saw in New York at $1,235.   It was Asia's day as London enjoyed a sunny holiday.   The issue of the day was the meeting of […]

Gold Bullion Likely To Pullback Then Rocket Higher

Back in latter June I forecasted a big top in Gold, mostly due to the 5 wave structures up from the October 2008 lows to June highs, and the 5 waves up from February lows […]

In today's economic climate it is absolutely imperative to diversify some of your assets into gold.

Each day it is estimated that the foreign exchange market (often called forex or FX market) trades an estimated US$4 trillion. Up and until now and in spite of the introduction of the euro on […]

Silver and Gold Fall from Favor

It seems many main stream commentators from the financial channels have abandoned the precious? Rather than beating the drum that gold is over $1000 per ounce we hear that gold is in a bubble.

Safe Haven Buying Continues…

This week the Gold market encompassed a range of $34.30 trading between $1211.70 and $1246.00. The current economic climate has sent savvier investors into safer investments primarily Gold and Silver.

Gold and Silver's Daily Review for 27th August 2010

Overnight the gold price stepped back a step or two and settled at $1,235 overnight.   The market is cautious now as the biggest resistance from $1,240 to $1,260 stands in the way of more rises.   […]

You'll Buy Gold Now and Like It!

The gold market offered little in the way of price excitement on Thursday.  The price flat-lined in Far East trading until 1:00 p.m. Hong Kong time… and then rose to its high of the day […]

Proposing an Overnight Gold Fund

There is much debate within the precious metals industry regarding the alleged suppression, or at least manipulation to an extent, by either central banks or the proprietary trading divisions of large banks, or a combination […]

Gold Settles $3.60 Lower… ($1237.70)

Today’s Gold session traded a very quiet $8.80 range. Gold traded lower off the better than expected Initial Jobless Claims data. For the week ending August 21st Initial unemployment claims dropped by 31,000 to 473,000 […]

Minor Tweaking through the Dog days of August

Gold has bounced above $1200 per oz. Molycorp (MCP) has pulled out of its post-IPO swoon and is back above the issue price. Other REE names have perked up helped by MCP and by the […]

How To Trade Gold and Silver's Volatility

Understanding the key differences between both gold and silver's risk/volatility levels plays a large part in how I choose a low risk trade setup. Those of you who follow me already know the GLD etf […]

Gold Demand Up 36% in the Second Quarter: WGC

The gold price was pretty flat during Far East trading, but tacked on about five bucks shortly after London opened yesterday morning.  Then it didn't do much until New York opened… and from that point, […]

Gold and Silver's Daily Review for 26th August 2010

The gold price is fighting resistance all the way up now.   It has to break through $1,260 to show convincingly that it has done so.   This level represents a new high, if it can do […]

Harvest Gold Corp. (TSXV: HVG) – Excellent Drill Results at Rosebud; More Assays Forthcoming

About Harvest Gold Corp. Harvest Gold is a TSX Venture listed junior mineral exploration company. The company’s flagship property,Rosebud, hosts a past producing, high grade underground mine operated by a Hecla Mining (NYSE: HL) and […]