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Car Sales Soar in China

Car Sales Soar in China

Get a FREE 30-Day Trial of my Members-Only Premium Stock Analysis Service NOW!Base metals soared today as car sales in China are increasing at a rapid pace.  Taseko, New Gold…

GDX Chart Analysis 6-9-09

GDX Chart Analysis 6-9-09

On a previous update I mentioned not to get too excited by buying the miners when they are overextended.  Look for strength as the mining index will come back to…

Molybdenum Companies Increasing Production

Thompson Creek came out with a news item today which states that it will increase production of molybdenum due to the improved market conditions.  This is what we saw here…

New Gold(NGD) Second Chance to Purchase

NGD came to its 20 day moving average and is closing at the high of the day reversing from being down most of the day shaking out weak hands.  Buy…

China Buying Gold

China is buying gold like crazy! http://www.chinamining.org/News/2009-06-08/1244423563d25443.html…

Interesting Stock Chart on China

Interesting Stock Chart on China

Notice the thick blue line and how FXI (25 largest and most liquid China Stocks) crosses that trendline on the point and figure chart.  This shows us the strength of…

Resistance on GDX (Gold Miner ETF)

Resistance on GDX (Gold Miner ETF)

We wanted to show a 2 year chart on GDX gold miner etf.  There is major resistance at the $45 dollar area which needs to be broken.  In order to…

Geithner and Bernanke

How hypocritical!  Bernanke came out yesterday requesting Congress to curb budget deficits after increasing the money supply exponentially.  Use this time period to look for additional opportunities to get into…