Fed Announces Record Low Interest Rates Until Late 2014 and Commodities Soar
Once again the lemmings have jumped off a cliff into what they mistakenly thought was a safe haven(dollar and treasuries). Isn’t that the name of the game, which is to…
Recovery In Mining Stocks? Breakouts Out Of Downtrends And Bases Beginning
The smaller miners have reached compelling valuations that long term, contrarian investors can use to their benefit by adding to positions or initiating purchases in favorite stocks or sectors which…
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…
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…
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…
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…
NGD New Gold Update
Last week we wrote on the blog about New Gold and the opportunity the chart was presenting to us. We put a buy point at $2.50. On Friday it closed…
Market Summary Week Ending 5/29/09
The S&P 500 remains above the 20 and 50 day moving average. The S&P has moved sideways making a base after breaking out to the downside of a rising wedge…
New Gold (NGD) Great Buy
This is a great point to buy New Gold. They have just combined with Western Goldfields. They will produce enough gold to be able to fund their development project in…
Taseko is Up on Higher Volume
The volume is good on Taseko above average today to qualify as a breakout. Let’s hope it closes at the high of the day as more investors pile in and…
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