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…
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…
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…
Major resistance is being approached for the DOW. Notice the trendline and resistance where it failed three times in December of 08. Overhead resistance and lack of volume on the…
China is buying gold like crazy! http://www.chinamining.org/News/2009-06-08/1244423563d25443.html…
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…
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…
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…
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…
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