This pullback to support may represent a major buying opportunity in the long, upward secular arc of gold, silver and precious metal miners.
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Recent Radio Interview With Jeb On Rare Earths, Uranium and The US Deficit Crisis
Recent Radio Interview With Jeb On Rare Earths, Uranium and How The US Can Get Out of This Financial Crisis
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Why You Must Not Give Up On The Rare Earth Sector
The latest news on rare earths this time out of South Africa reveals that big money is putting their faith in rare earths, going full speed ahead. Example: South African Rare Earth miner Frontier Rare Earths (FRO.TO) announces a definitive strategic partnership with a consortium of Korean companies such as Samsung, Hyundai, Daewoo and others. Frontier is up close to 24% on the announcement despite being in a downtrend for 2011. What does this mean to our readers? Essentially, rare earths are far from moribund despite being temporarily down. A rebound in rare earths IS LONG PAST DUE!
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Is Gold Going to Hit $2000 By 2012?
“Gold bullion appears to be forming a bullish symmetrical triangle (technical pattern) on the verge of breaking out to the upside,” Handwerger told clients today. “After 12-weeks of consolidation, a move above the descending resistance line on strong volume could indicate a potential upswing to the $2150 (an ounce) area.”
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Potential Breakout Forming In Gold and Silver
Gold (GLD) is forming a bullish consolidation for eight weeks after hitting its early September high. Look at the rising trend and the pattern of higher lows and increasing momentum. This indicates a possible breakout forming.
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Precious Metals, Rare Earths, Uranium Soar As Banks Boost Liquidity
We are bullish on silver and the miners as they regain their long term trends.
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The Day Is Coming For Nuclear and Rare Earth Stocks
The day will surely come when the true value will be recognized of these extremely bargain priced assets. Timid investors race from the battlefield even before they whiff the smell of gunpowder. Our chosen sectors of uranium and rare earths require patience, whose payoff will result in geometric gains.
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Gold and Silver, Oversold and Reaching Long Term Support
Gold’s accelerated move past $1600 to $1900 indicates we were seeing a path similar to December of 2010. After that move gold retreated for two months to the 150 day moving average. Gold Stock Trades indicated an extremely overbought condition not seen since late 2010 and maintained a hold recommendation as gold failed to break $1900.
Right now gold and silver are selling at long term support levels, which GST considers to be on discount and a secondary buypoint.
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Molycorp Stumbles, Avalon and Lynas Delay, Ucore Shines
Certainly, little David (Ucore) appears to have a certain advantage over the cumbersome and much larger behemoths on the field. Ucore was called to Washington in an advisory capacity as an expert source for the edification of the Senate Energy and Natural Resources Committee.
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Gold Mining Stocks On The Rise
At the same time, the gold miners (GDX) are approaching interim upside targets as the upward breakout in the miners accelerates as it reaches new all time record highs. It is now playing catch up to the underlying bullion which we have been predicting for several weeks. There will be a shrinking of the divergence between miners and bullion to the advantage of the miners
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