Year: 2012

David Morgan discusses this article.

First Majestic is pleased to announce the unaudited condensed interim consolidated financial results for the Company for the second quarter ending June 30, 2012….

From ‘Road to Nowhere’ by the Talking Heads: We’re on a road to nowhere come on inside. Takin’ that ride to nowhere we’ll take that ride. Maybe you wonder where you are I don’t care. Here is where time is on our side  take you there. From the US Federal Reserve’s website and the sub-section The … Continue reading

As we alluded to last week, there is an overflowing amount of evidence that both the metals and the shares have bottomed. Price action, sentiment indicators and fundamentals more than confirm a market bottom. Does this mean the market is ready to zoom much higher? Not necessarily. The sector must contend with some overhead supply … Continue reading

Douglas Ramsey, chief investment officer at Leuthold Group, and Holly Liss, director of global futures at ABN Amro Clearing, talk about the European debt crisis, stock and commodity prices, and their investment strategies. They speak with Stephanie Ruhle and Adam Johnson on Bloomberg Television’s “Lunch Money.”    

GDX declined by -1.36% while GDXJ declined by -1.28% and SIL  declined by -0.52% Today’s performing Gold and Silver Stocks:   Today’s Worst Gold and Silver Stocks:

Here we post charts of three European stock markets as well as an index for Europe itself. Finally, we post some valuation data for Europe. We hope it lends some perspective to the day to day action. Here is Spain. It declined 65% from 2007-2012. Recent price action looks bullish as the market held long-term … Continue reading

Many metaphors have been used for gold but never to our knowledge has the price of gold been compared to the non-barking dog. (This refers to the Sherlock Holmes story, Silver Blaze and the “curious incident of the dog in the night-time.” Holmes infers that the dog made no noise because the villain was someone the dog knew very well.)

Video from KitcoNews:  

Gold closed the week with a slight gain while Silver also closed higher. Today, the metals pushed higher thanks to disappointing manufacturing and bank lending data from China, which reinforced the need for further policy easing. ECB head Mario Draghi’s comments and reaffirmations have helped put a floor under Europe which also strengthened the case for precious … Continue reading