Gold Mining News

INSIDE JOB The Movie Having a day out in the big city of Auckland with an old Buddie who is an accountant, we decided to paint the town red and so we went to the Auckland Film Festival […]

Gold Settles $6.50 Lower… ($1207.00)

Today’s Gold traded another volatile and wide range ($15.70) as the market is in search of some market moving fundamentals to give traders direction. The gold market has been locked in a technical trading range […]

A New Copper-Gold Porphyry For Boxxer Gold?

Boxxer Gold Corp. (TSX.V:BXX) is preparing to drill 26 areas of mineralized skarn and 32 geophysical (IP) targets on its 100% owned Boss porphyry copper-gold project in the Goodsprings Mining District in southern Nevada. Having […]

"Buy Gold, Buy silver… and Have Faith"

Gold's low for Tuesday [around $1,195 spot] occurred within the first fifteen minutes of trading in the Far East on Tuesday morning.  After that, gold didn't do much until the London open when there was a little break-out […]

Gold and Silver's Daily Review for 14th July 2010

"Asia held the gold price at its recent high of $1,214, before London opened.   London's first Fix was at $1,212.25.   Three of the five banks were buyers and one neutral leaving only one seller at […]

John Lee: Blame Volatility on Summer Doldrums, Not Deflation

Source: Brian Sylvester of The Gold Report 7/12/10 In 2004, Analyst John Lee founded Mau Capital Management, a hedge fund based in Vancouver that invests mostly in junior mining companies. In this exclusive interview with […]

Gold Settles $14.80 Higher … ($1213.50)

Today’s gold traded covered a vast $22.30 range as a weaker U.S Dollar and stronger Crude oil prices helped to fuel the $14.80 gain for the yellow metal. News from the Euro Region started the […]

Endeavor set to become a gold producer

As a general rule, the most successful man in life is the man who has the best information An innovative merchant bank focused on the natural resource sector Endeavour Financial Corporation (EDV-TSX) has seen its […]

Gold: Rushing The Line!

My subscribers are probably the largest group of GDXJ shareholders.  If I told everyone last week that "it's gonna crash, it's 2008, sell everything!" I probably could have tanked the GDXJ down to the $15 […]

7 Red Flags Tell Us Why The S&P 500 Could Be Going Down to 865

If you’re in the market, you can’t just sit and hope things work out. You have to be proactive and prepare for the worst as well as the best. [I have identified] seven red flags […]

JPMorgan et al Show Up at the London P.M. Gold Fix Again

Gold's high of the day [around $1,213 spot] was moments after Far East trading began on Monday morning… which was shortly after 6:00 p.m. in New York on Sunday night.  The price was down about $10 by […]

Gold and Silver's Daily Review for 13th July 2010

"Asia began the day taking the gold price up $5, then London added $1.50 to Fix at $1,206.50.   With the $ weakening slightly in many currencies, but not enough to influence gold New York was […]

SP 500 and Gold still have a good bit of downside to come?

Back on June 30th, I updated my subscribers that I was looking for an interim bounce in the SP 500 from the 1007 Fibonacci Pivot point to about 1071-1074, followed by much further downside.  The […]

Silver's Historical Correlation with Gold Suggests A Parabolic Top As High As $714 per Ounce! Almost 70 respected economists, academics, gold analysts and market commentators (see list below) are of the firm opinion that gold is going to go to at least $2,500 if not as high as $10,000 […]

Gold Settles $11.10 Lower… ($1198.70)

Once again today's gold market covered a vast range ($17.40) and traded in a very technical manner. The global demand for physical gold remains high however, the recent sell-off in the gold market may suggest […]

Will Gold ever be a Means of Exchange? Will Gold be a measure of Value? When gold is written about as money, it means different things to different people.   Money is, after all, what most people see as a means of exchange; you use money to pay for goods […]

Gold may trade sideways for a few weeks before the next break to the upside.

According to reports that appeared in the Wall Street Journal and Financial Express some of the central banks that had recently increased their gold reserves have entered into gold swaps (exchanging their gold in return […]

Barrick Gold Corporation and Goldcorp Incorporated Hedging Silver

The following is a comment received from one our readers regarding Barrick Gold Corporation (ABX) and Goldcorp Incorporated (GG) regarding their agreements with Silver Wheaton Corporation (SLW) to forward sell their silver and reads as […]

The Best Seat in Town

"What do we mean when we say that first of all we seek liberty? I often wonder whether we do not rest our hopes too much upon constitutions, upon laws and upon courts. These are […]

Is Gold About To Rocket and SP500 Tank Video

Last week we saw stocks move sharply higher as traders started to cover their short position which added fuel to an already oversold market ready to bounce. Overall volume was not that strong on the […]

Silver’s Historical Correlation with Gold Suggests A Parabolic Top As High As $714 per Ounce!

Almost 70 respected economists, academics, gold analysts and market commentators (see list below) are of the firm opinion that gold is going to go to at least $2,500 if not as high as $10,000 per […]

More Clueless Mainstream Commentary on Gold

By Jordan Roy-Byrne, CMT Once again we see another bearish piece on Gold in the WSJ. Rather than attack the author personally, we want to illustrate how the article is another example of the lack […]

Exactly How Much Gold Does A Portfolio Need In It To Be Immune From Inflation?

We are reading a lot of hype these days about gold and the necessity to own it but only about 2% of ‘investors’ actually have gold in their portfolios and those that have done so […]

The Fed and the IMF say:

Gold pretty much traded sideways during the Far East session… with the gold's low of the day… such as it was… occurring shortly before 10:00 a.m. Hong Kong time on Friday morning… which translates into […]

Gold Settles $13.50 Higher… ($1209.80)

Today’s Gold trade covered a $19.50 range as the market rallied from early losses to post a gain of $13.70. the market remains skittish as traders are uncertain on how to decipher the recent economic […]