If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!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…
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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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Investors Rush Into Gold and Silver as U.S. Treasuries Show Signs Of Weakness
Since the emergence of the European Debt crisis in April 2010, treasuries have been in a strong uptrend as investors have been seeking protection from risky assets.April to August 2010 was a deflationary period, similar to the fourth quarter of 2008 when treasuries soared higher before the massive government stimulus. Stocks have been in a…
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Dollar Slices Through 200 Day Moving Average After Bank Of Japan Announcement
Gold broke out of a classic cup and handle pattern yesterday right before the Bank of Japan announcement. The Yen has significantly strengthened since June as this is extremely difficult for the Japanese export companies. The economy in Japan is weakening and they are facing their own sovereign debt issues which have not yet surfaced. …
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Trending or Trading: When To Use Momentum Indicators
Price volume action is showing weakness on this rally and there is a good chance we could see a third failure at the 200 day. Many times, before bear markets ensue you can encounter three or four failed rallies above the 200 day before the primary bullish trend is reversed. Markets take time to transition…
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British Columbia A Mining Friendly Jurisdiction
Check out my recent exclusive with The Gold Report.
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