Tag Archives: Edgewater Exploration

Caveat Venditor: Gold and Silver Investors Beware Of Selling Shakeout

Caveat Venditor: Gold and Silver Investors Beware Of Selling Shakeout
The Venture is cheap priced at $400 au/oz. This is a ten year low testing 2003 levels. Gold is more than 50% higher than its pre credit crisis highs, the S&P 500 is now breaking through 2007 highs and the Venture is still discounted more than 70%. The Venture appears historically mispriced and discounted indicating its buying time for long term value investors, definitely not selling time.
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Current Weakness In Gold May Be Buying Opportunity

Current Weakness In Gold May Be Buying Opportunity
Despite current weakness in gold around the $1650 area we expect a turnaround in gold with a new leg up to $1800 area and eventual breakout at $2000 in 2013. Despite noises heard in the Fed minutes of a purported exit from quantitative easing, Central Banks around the world have flooded the markets with fiat currency. Around the world gold has outstripped every competitive currency for the past ten years, yet the mainstream fail to understand the importance of owning gold and the gold miners.
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Spain Is Supporting This Junior Gold Miner

Spain Is Supporting This Junior Gold Miner
This junior miner just announced that the government is advancing the gold project as a "Strategic Industrial Project", in order to promote investment and new jobs. This asset receiving strategic status means that it will receive priority expedited permit timelines.
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Gold and Silver Find Support At Long Term Uptrends, Significant Bargain In Miners

Gold and Silver Find Support At Long Term Uptrends, Significant Bargain In Miners
Gold is pulling back to long term support and is able to be purchased at a discount. Investors may be seeking riskier assets due to fears of inflation and higher interest rates. Right now industrial metals such as copper/ nickel, oil and blue chips are outperforming due to their value of being hedges against inflation and represent the riskier assets. Gold and silver which has in the past represented risk off is still in consolidation mode. Eventually investors will realize that the monetary metals can do well in both a deflationary risk off environment as well as an inflationary risk on environment and the trend will turn significantly higher as it has for the past decade. Gold is actually finding support and presenting a potential discount buying opportunity. It is important to accumulate when the public is disinterested. Right now, Pandora, Facebook and Apple are the current fads, while gold is being overlooked and placed on sale by Mr. Market.
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A Cheap Euro Benefits This Emerging European Gold Producer Moving Into Feasibility

A Cheap Euro Benefits This Emerging European Gold Producer Moving Into Feasibility
The major miners are looking for economically viable mines capable of profitable development that are moving into the developmental stage. The big companies are flush with cash and are eager to buy projects at wholesale prices. The Spanish Government is eager to entertain such deals as it will provide employment for hundreds of workers who are currently unemployed. Spain has one of the highest unemployment rates on the continent and these kind of liaisons could provide jobs and growth to a nation that urgently needs both.
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