If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!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…
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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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Interview With Barron’s On Rare Earth Stocks Recent Breakout
The Market Vectors Rare Earth Strategic Metals ETF (REMX) is marching higher today, following a near-breakout yesterday at around $25.50 a share. It closed Wednesday at $25.64 a share, a penny short of its highest finish in 2011. Today, it’s up 1.7%, or 44 cents, at $26.08 a share. Rare earth metals are used in everything…
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Rare Earth Stocks Breaking Out
(This is an excerpt of what was sent to premium readers over the past several days.) Not too long ago in our national history, mining for rare earths (Market Vectors Rare Earth/Strategic Metals (REMX)) was an American enterprise. As in so many other areas, such as nuclear power, automobiles and technolgoy, it was decided that…
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Gold Price Consolidating Near Record Highs
Physical demand for gold and silver is strong as investors seek protection of wealth against uncertainty in the Middle East. It has already been reported that Col. Qaddafi has been a wise gold investor, preparing for this crisis by hoarding a large amount of the precious metal to fund his military and to hedge against…
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Gold Cup and Handle Breakout
It's very difficult for a trader to stick to a plan and not let news events dictate decisions. But every once in awhile there are news items that come along and attempt to trip investors up, forcing some to take their eye off the big picture. Many of us understand the long-term potential of precious…
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Time to Buy Uranium Mining Stocks?
(This is an excerpt of what was sent out to premium readers the morning of 3-16-11.) There's an old saying in investing: Buy a winter coat in the summer. Uranium stocks are certainly out of season and deeply discounted. Media coverage has shifted from the destruction of the earthquake to the negative aspects of nuclear…
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Malaise in Municipal Bonds, Nosedives in Nuclear, and a Green Light for Gold
Last week the Japanese earthquake darkened the skies with an unexpected flock of black swans. On top of an act of nature, we have the persisting presence of eurozone debt fears, currency wars, the Middle East unrest, and the near bankruptcy of many states in America. The Wisconsin problem goes far beyond one local state;…
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Precious Metals Soaring on Earthquakes, Eurozone Fears and Empty State Treasuries
Gold (SPDR Gold Shares (GLD)) is breaking into new 52-week highs and silver (iShares Silver Trust (SLV)) is at its highest point in more than 30 years as Libya, one of the largest oil producers, faces a civil war and as earthquakes and tsunamis rattle Japan. Libya is not following Tunisia and Egypt with a…
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Rare Earth Metal Prices Soaring…Will Miners Follow?
The Middle East turmoil has created a sell-off in equities and a run to the safe haven assets of precious metals and oil. Even though rare earth prices are soaring, many investors have overlooked a key sector which has pulled back providing a bargain opportunity before the rare earth crisis intensifies. US House Rep Mike…
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