Category archives for: Precious Metals

Kinross needs to re-test $16.00

At this point I would say we need to re-test $16.00 to get the stock out from under the selling pressure its been under.

Sellers in control of Scorpio Mining.

Right now investors are in a selling mood and the best you can hope for at the present time is for the stock to hold onto support at $0.625!

Yukon-Nevada Gold Corp moving sideways

On a fundamental basis YNG has yet to produce enough gold to generate a profit and as a results will have to continue to issue shares to fund its programs. Selling shares at $0.275 is certainly not the price that management wanted but its what the market was willing to pay.

Gold higher by 2015

If you have a 5 year time horizon, have taken the bit on a continued advance in gold, and have an appetite for risk then the warrants offer a reasonable reward for the risk you are taking.

Value is in the ground

If your view of the future is driven by concern about inflation what that implies for the value of gold then NG is a good hedge against that outcome.

IAMBEINGSOLD

The breach of support along the 200 day moving average is also a signal that should not be ignored as it certainly lifts the threat level.

Every picture tells a story

The next level of support comes in at $7.50 then at $7.00. I think that you may have to wait till the summer to get a reversal of the current trend.

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