Category Archives: Precious Metals

Uranium Miners Hit New Highs

In 1883, a historic cataclysm of 10 days shook the world and vaporized Krakatoa, an island between Java and Sumatra. An umbrella of ash rose 50 miles high and sent sonic reverberations seven times around the world. Deaths numbered 120,000. Scientists of that time were awed by the magnitude of nature’s forces that were being…
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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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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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Market Fails as Fronteer (FRG) Jumps On Long Canyon Discovery

The S&P 500 broke out of a bearish rising wedge pattern last week after failing to hold the 200 day moving average four different times.    My bearish views were confirmed last week with a high volume breakdown after the Federal Reserve gave a sour report on the state of the economy.  Trading became highly…
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Taseko's Prosperity Project, Future of Mining in British Columbia in Jeopardy

Late Friday,  the Federal Review Panel came out with a recommendation that will be forwarded to the Prime Minister and his cabinet assessing the environmental impact of the mine.  The Federal Review Panel did not weigh in the economic affects of this project.  They made environmental recommendations for Taseko to take if the mine is…
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Relative Strength Signals Confirm Breakout in U.S. Gold (UXG)

El Gallo's story is continuing to impress the mining community.  U.S. Gold has invested a lot of capital into drilling El Gallo this year and believe that by 2013 they can be producing up to 10,000,000 ounces of silver a year plus 35,000 ounces of gold.  This drilling program has been extremely successful.  They have expanded the…
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Fear of Deflation, A Weak Economy and Bad Global Debts

Copper is an extremely useful indicator which shows the strength of the global economy and whether the economy is growing or decreasing. At the moment Copper is flashing a "red alert!" A very bearish crossover pattern means that copper could go lower for many months. This pattern is taking place with a broken trend, weakening…
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