Year: 2012

Market Notes Dow Jones Industrial index is now up for a fifth weekly gain, while Dow Jones Transportation has only managed one weekly gain in the last five. I continue to monitor what I believe to be a serious non-confirmational Dow Theory warning signal between these two indices, especially as the VIX remains at extremely complacent levels. … Continue reading

The 2012 partner funded exploration and development program should significantly advance the Terra Project….

It has been a year since gold began its downward biased consolidation out of the acute phase of the Euro meltdown and resulting hysteria.  In that time, the deflation case was released from the jail that had been a heightened public fear of inflation (the pinnacle of which was in spring of 2011, a time … Continue reading

Daily Newsletter nesday, August 8, 2012 In this issue… – Editorial – Gold & Silver, Metals & Stocks – Sponsor News – Premium Snippet Editorial… Sunday we wrote that the short-term outlook was bullish. Go here to learn the reasons why we are confident that the precious metals sector has bottomed and why it will … Continue reading

Quoting the Full Release from Couer D’Alene: Coeur d’Alene Mines Corporation (“Coeur”) (NYSE:CDE)(TSX:CDM) today announced that it has agreed to acquire 1,851,852 common shares (the “Shares”) of Huldra Silver Inc. (“Huldra”) (TSXV: HDA) at a purchase price of C$1.08 per Share, for total consideration of C$2 million. The Shares will be acquired pursuant to a … Continue reading

GDX gained by 1.14% while GDXJ gained by 0.10% and SIL gained by 1.43%   Today’s best Silver and Gold stocks:       Today’s worst Silver and Gold stocks:

“The issuer’s promise” is a phrase I have used recently to describe the backing for fiat currencies.

Back in April we were a bit presumptuous, believing the gold stocks would soon bottom. The ongoing correction was a water torture decline that avoided capitulation. Finally, in the middle of May we were confident that a major bottom was at hand. We argued that the market would make a higher low in July or … Continue reading

So, gold didn’t move below $1,500 and it rallied recently – the worst is behind us, right? It might be, but there are reasons to think otherwise and in today’s essay we will feature two charts (courtesy by http://stockcharts.com) that should make you think twice before investing your whole capital in the gold market.

We have always regarded the markets as a grand casino subject to the manipulations of the Croupier and the House.