Category Archives: Precious Metals

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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U.S. Gold Making Major Gains, 90% Gain From Original Recommendation

U.S. Gold (UXG) continues to be one of the best stocks in the overall market completely bucking the previous correction.  Please read my previous post from last week where I highlight the 4 major reasons this stock is moving and why I believe it will continue higher.  Click here for previous post. We will have…
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Buy U.S. Gold (UXG) Price Moving Higher After Cup and Handle Breakout

The cup and handle breakout is a classic pattern which stock market traders search for constantly. A cup and handle pattern means that the stock has made a consolidation where many of the weaker holders sell their shares. Then as the stock breaks into new highs a handle is formed. It is formed because many…
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New Gold (NGD) Showing Great Relative Strength To Gold

After following and investing in the gold mining sector since 2000 I have tried to identify the major leaders in each run and greatest candidates for my capital.  I am looking at great relative strength to the price of gold.  This indicator shows me that this miner has great leverage to the price and even…
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U.S. Gold Leading Junior Miners, Drilling New Areas

U.S. Gold (UXG) is one mining company where the CEO puts his money where his mouth is.  Rob Mcewen believes UXG will be on the SP500 and his aggressive drilling in Mexico is proving to the investment community that he has a major mine there.  Rob owns 21% of the shares much more than any…
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One of the Best Gold and Silver Mining Exploration Stock U.S. Gold

Today U.S. Gold (UXG) came out with exceptional drilling results.  As I announced last week before there meeting in New York, that I believed that important news will come out.  Their El Gallo project is quite impressive as they are observing increasing mineralization and they are continuing to explore the property they acquired from Nevada…
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Car Sales Soar in China

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 have cash flow. Inflation is kicking in and the long term prospects of these companies…
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