If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!I was just interviewed by Alix Steel from TheStreet.com - watch the video below:
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Major Reversal Day On Gold and Silver, Could Be A Climax Top
After trading through both bull and bear markets and witnessing hysteria and panic, I've learned that whatever method you use to buy stocks, you must have a discipline to sell. When I buy, I look for support levels and oversold conditions so that a reversal could bring about a major gain and the downside risk…
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QE2 News Overshadowing Default Risk In Europe
Ben Bernanke has officially announced quantitative easing and the markets are reacting with rising prices among all asset classes. QE2 is practically an economic tool to artificially raise asset prices to prevent deflationary forces. When asset prices decline due to a lack of demand you have deflation. Quantitative easing essentially is a preventive approach for…
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Buying U.S. Junior Gold Miners During A Dollar Debasing
There have been some exciting mergers and acquisitions (M&As) within the junior mining sector over the past few months. As gold and silver settle from the previous move, many projects will be re-rated and acquired by majors that are struggling with decreasing resources. I believe the industry is undergoing consolidation and we're seeing the beginning…
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General Moly (GMO) and Thompson Creek (TC) Breakout On Supply Concerns
On September 27, I wrote an article mentioning that uranium and molybdenum miners were poised for a breakout. See Finally Time for Caution in Precious Metals. Since that article the molybdenum and uranium miners have made huge gains because of supply concerns globally. While investors are concerned about a global currency devaluation, a global race is…
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Dollar Bounces Higher On Fear of Fed’s Next Move
On October 7, my technical indicators were signaling a major reversal about to occur in gold and silver. Seeing that one-day outside bar reversal in gold and silver on huge volume right before the jobs report raised huge red flags. It indicated to me that some of the smart money was hedging their long gold…
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A Healthy Pullback In Gold And Silver, Will Produce Next Buy Signal
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 a slow and steady way. The plunge in the US dollar, which is still the…
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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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