Category archives for: Precious Metals

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.

The Lake Shore Souffle has gone flat

At this point all the good news looks like it was baked into the souffle and since January the air has leaked out of the fluffy dish.

The bigger the base the better the case

According to seasonality expert Brooke Thackray the period of seasonal strength for gold is mid July through the beginning of October suggesting that you could be well served to put GLW on your watch list in anticipation of a move later in the year.

The Beta the better

Until the MACD turns or we get a bounce off the 200 day moving average YRI is in a downtrend and the trend is your friend till it ends.

Avion on the tarmac

With increased drilling on their poperties to expand their resource base, and assuming that they can meet their production target of 100,000 ounces this year AVR looks well positioned to advance over the next 12 months.

New broom sweeps clean

From the indicators that I follow PTQ looks like it has a good chance for a further advance from these levels.

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