Monthly Archives: April 2011

What’s Driving Silver Prices?

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!The virtues of gold (GLD) and silver (SLV) are being addressed far and wide. My readers know the steady drumbeat of praise that is reaching a crescendo for the white metal scares the hell out of me. The driving forces…
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Handwerger Interviewed In MarketWatch Article

Silver mania may come to an abrupt end Commentary: Higher prices still on tap, but $50 screams caution By Myra P. Saefong, MarketWatch The following is an excerpt.  Click here to read the complete story. Just how impressive silver’s climb is compared to gold’s. Year to date, silver futures are up 54% while gold futures have…
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Barron’s on Gold Stock Trades: Prepare to Exit Before The Herd

Also, Jeb Handwerger’s newsletter covering precious metals is suggesting this morning in an alert to clients that they start planning exit points to secure profits in GLD and SLV. “You must be prepared to accumulate your products when there is a panic and sell them when there is euphoria,” he notes. The publisher of the “Gold Stock…
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Silver And Gold Continue Explosive Rally As S&P Downgrades U.S. Debt

Regardless of whether a compromise is reached over the approaching lockdown of the United States ceiling and the raising of the debt, this impasse has momentous significance for holders of gold (SPDR Gold Shares (GLD)) and silver (iShares Silver Trust (SLV)). The serious weaknesses of our economic structure is exposing it as a paper tiger.…
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Gold and Silver Soars As U.S. Dollar Crumbles

Gold broke out of its 6 month consolidation and cup and handle pattern. The gold bulls are now in control and short covering should begin to cause an explosive move to my late January target of $1600 on gold and $40 on silver. In late January, gold and silver were in a sell-off and many…
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Rare Earth Stocks Heating Up As U.S. Pushes For Domestic Supply Chain

(This is an excerpt of an archived daily bulletin to my premium readers.  Try a month for free by clicking here.) There have been major developments occurring this week in the rare earth arena, which could hold significance for the expansion into Europe of Molycorp (MCP) and the development of a US domestic supply chain of…
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U.S. Gold Hitting New Highs On Exploration In Nevada And Mexico

(This is an excerpt of what I sent out a few weeks ago to my premium readers.  To get the premium daily reports for free click here.) Many years ago as I was learning to trade junior resource stocks, a grizzled old gold miner -- the owner of a small publicly listed company -- asked me:…
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Uranium Stocks Set To Rebound In 2011

The Cassandras of the media beat the drums of fear concerning Japan’s millennial tragedy, which has been a confluence of perfect storms. There has been a great deal of bad news coming out of Japan which the press has spun into a blanket condemnation of the entire nuclear industry. It is only a matter of…
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Triple Top Breakout For Gold After 6 Month Consolidation

It is the best of times for equities and precious metals and the worst of times for the U.S. dollar.  It is prudent to focus on the sectors with long secular uptrends as these patterns tend to last longer than expected and produce the greatest returns. Gold (GLD) and Silver (SLV) are in a decade long…
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