Category Archives: Precious Metals

Car Sales Soar in China

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!Base metals soared today as car sales in China are increasing at a rapid pace.  Taseko, New Gold and General Moly are  companies with huge deposits that have not been developed.  TGB and NGD are producing now so they will…
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NGD Update 6-6-09

Notice the break through the trendlines which is confirmed on our point and figure chart. Everything looks OK at the moment.  Be prepared for a breakout of this bull flag pattern as NGD approaches its 20 day moving average.
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Our Stocks 6-4-09

BARE did not trigger a buy as we had the buy point at 10.51...maybe it will hit that tomorrow. TGB was up but it does have resistance at the $2 area which it will take some time to breakthrough. NGD was unchanged and is now building a "handle." UXG was up around 6% and closed…
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Stock Pick for 6-4-09 (NOT a Mining Stock)

I sometimes include on this blog for some of our followers some tradeable picks that are not mining stocks. This pick is gaining popularity as a healthy cosmetic company with environmentally friendly products and excellent earnings growth and return on equity. The company is Bare Escentuals (BARE). BARE is about to break out of a…
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Gold Stock Update 6-3-09

A few days ago (please see my archived post from 5/31/09) we mentioned be careful of chasing the gold sector as it is quite overbought.  We also mentioned to wait for a retracement to the 20 or 50 day moving average.  This is what is happening a retracement to shake out weak holders.  Our students…
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UXG (U.S. Gold)

We posted a morning stock pick at 2.49.  The stock was up over 10% with volume three times normal.  Breaking through 2.75 will be impressive and lead to huge gains.  It seems institutions are looking at exploration companies.  The major companies may need to aquire smaller juniors with interesting exploration activity as their profit margins…
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Our Picks This Week/Market Summary 6/2/09

Let's review our picks so far. 1) TGB (Taseko) Bought at 1.60 Now it is 1.91 19% Gain Recommended on 5/26/09 2) NGD (New Gold) Bought at 2.50 Now it is 3.04 22% Gain Recommended on 5/28/09 3) GMO (General Moly) Bought at 2.00 Now it is 2.68 34% Gain Recommended on 5/28/09 5 trading…
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Morning Stock Pick U.S. Gold (UXG) 6/2/09

U.S. Gold has one of the largest mineral land positions in Nevada and they have just shown quite impressive results in Mexico.  They are owned by Rob Mcewen who built Goldcorp.  Rob has success in building gold companies and rewarding his shareholders.  Rob has decided to invest his own money in exploration as a way…
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GMO Update General Moly

General Moly had a major follow through today closing near the high on huge volume.  If you were following since last Wednesday you would have a nice profit.  I believe this company could run to at least 4.25.   It seems as though institutions are piling into this stock.   China is importing molybdenum as their demand…
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