Year: 2013

In this very brief video we share a few charts and provide a few comments on the current state of Gold & Silver.    

[audio:http://ceo.ca/wp-content/uploads/2013/11/Mark-ODea-Podcast-Nov-15-2013.mp3] Track record is everything in junior mining. Mark O’Dea took Fronteer Gold from a $1 million shell in 2001 to a diversified mine developer that sold for $2.3 billion to Newmont in 2011. The Vancouver-based, 45-year-old Newfoundland-born geologist also created Aurora Energy in 2006, and sold its Labrador uranium assets for $260 million to … Continue reading

The incredible rally in equities in 2013 has begun to stir concern among many that the stock market is now in a bubble.

In our most recent article on gold, USD and Euro Indices we wrote that the outlook for the yellow metal was bearish just as the outlook for the Euro Index and just as it was bullish for the USD Index.

Starting at $1,286 on Monday gold continued with the momentum of last Friday’s fall, bottoming out on Tuesday at $1,261 in US trading.

The weekly chart of the HUI Gold Bugs index asks a question we have been reviewing in NFTRH for some time now; is the bottoming situation implied by the up-triggered weekly MACD (and confirming TRIX) a ‘W’ bottom in the making that saw its low at 206?  Or is it an Inverted Head & Shoulders (IHS), that … Continue reading

StockWatch reports:  The Globe and Mail reports in its Thursday, Nov. 14, edition that CIBC World Markets analyst Jeff Killeen has advanced his rating on Argonaut Gold ($5.65) to “sector performer” from “sector underperformer. The Globe’s Darcy Keith, Eric Atkins and Stephanie Chan write in the Eye On Equities column that Mr. Killeen also positively … Continue reading

Last week I penned an article titled, Gold Bear to End with a Bang. For those of you who prefer video, here is my analysis on video. I warn of the dangerous short-term downside potential in Gold that could mark the end to this bear market. Thus far, this analysis has been on track and … Continue reading

FM produces 3.37M oz Ag-eq and earns $16.3M…

At the end of October, in our essay on dollar and the general stock market we discussed the USD and S&P 500’s implications for the precious metals market.