If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!Treasury Secretary Timothy Geithner is trying to give support to the currency as tensions have grown on a devalued dollar. This past week he stressed the importance of a sound currency. The US definitely wants to devalue the dollar in…
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Time to Buy Uranium Miners In Wyoming?
Uranium miners that are close to production in Wyoming are gaining a lot of enthusiastic interest from investors over the past few weeks. Some of the miners out of Wyoming have made huge percentage gains such as Uranerz (URZ), UR Energy (URG), Cameco (CCJ) and Uranium One (UUU:TSX) as more mines are expected to…
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Treasuries Collapse On Caution Over Quantitative Easing Policies
Last week before the jobs report on Friday I wrote an article that concluded, “The weakness in the dollar will also put hawkish pressures on the Fed. Many are expecting more quantitative easing but the market may have a surprise if the Fed changes its language to support the dollar and curb the speculation into…
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Look For Pullback In Gold and Silver As A Buy Point
These past few weeks, as the equity markets rallied based on the belief of further quantitative easing by the Fed in November’s meeting, the dollar has collapsed, which I warned readers about a couple of weeks ago. Since that time, gold and silver have had a historic and parabolic rise as investors feel the Fed will…
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British Columbia Looking For Positive Decision On Taseko’s Prosperity Project
I wrote an article on July 5th, 2010 as Taseko was collapsing after a Federal Review Panel concluded that Prosperity would have significant adverse affects on the environment. As the stock was plummeting from the news I wrote to readers that Taseko was reaching a major buy point and an area of support. Since that…
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Dollar Vs. Gold Ratio Putting Pressure On The Fed
In Advance Decline Suggests Stimulus Hasn't Worked I wrote about how the Federal Reserve and Washington DC will do anything possible to save the markets from a bear market before the November election. Unemployment is high, defaults on homes and credit cards are rising, and record amounts of taxpayers’ money have gone to bail out failed banks. The…
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Miners And Base Metals About To Break Out
We have all heard the saying “buy low-sell high” as the mantra of making money in the market. To apply this cliche is much easier said than done. Adhering to this rule is not an easy task and without the use of technical tools to determine buy points and targets, an investor can get caught…
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Watch Out For Dollar Dead Cat Bounce
A couple of weeks ago I mentioned the the dollar was on the verge of a collapse. The dollar has significantly fallen since that time and is now reaching extremely oversold levels evidenced by the stochastics and RSI. So a dead-cat bounce may be beginning in the dollar, which may put short-term pressure on equities…
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Be Careful Chasing Gold and Silver, Overbought Condition Could Lead to Correction
At the end of July I published a series of articles calling an important buypoint in precious metals. To see my archived article from that point click here http://goldstocktrades.com/blog/2010/07/21/trading-method-signals-buy-gold/. In these articles I mentioned a target of $21 by the end of the year. Right now silver has reached that target after making an explosive…
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Homebuilders Reaching Key Resistance At 200 Day Moving Average
The Federal Reserve declared war on deflation Tuesday, stating that they will provide additional accommodations should any deflationary signs occur. I wrote several weeks ago that Washington will provide the relief necessary to rescue markets before the November election. Please click here to see article. President Obama is in the process of changing his entire…
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