If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting! 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…
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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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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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