A cup and handle pattern is a bullish continuation pattern that represents a period of consolidation followed by an eventual breakout, which is the continuation of the previous trend. Typically these patterns last months and not weeks or days. Cup and handle patterns also entail precise price targets. To find the price target, one measures … Continue reading “Silver and Silver Stocks Forming Bullish Cup and Handle Pattern”
Here is our interview with Ian Lambert, President and CEO of Trade Winds Ventures, a sponsor of TheDailyGold. TWD is currently trading at $20/oz in the ground….
In recent commentaries we’ve discussed the relative strength of the gold stocks and in particular the relative strength of the large miners. This relative strength comes at a time when the sector is nearing a potentially historic breakout. We’ve written about this breakout before but now the gold shares are closing in and it could … Continue reading “Gold Stocks Inch Closer to Major Breakout”
Here is out interview with sponsor company, Meadow Bay Gold. This company acquired the past producing Atlanta mine in Nevada and is working update, verify and expand the resource before pushing towards production.
We discuss Gold, Silver and the gold stocks. Visit Jeb here.
CMC Metals Ltd. is providing an update on the progress on the Silver Hart bulk sample. An estimated 1,575 tonnes have…
The following is from the ShortSideofLong Blog: I have to admit, I love the “Safety Crowd.” In case you don’t know what that means, it’s a term I coined for those who interpret every single set of news as bearish, regardless of it being inflationary or deflationary. This group of investors is also known as … Continue reading “ShortSideofLongBlog: Bonds & Gold in Euphoria”
The Gold and Silver business is one that naturally involves consolidation. The industry product is the same and the business is such that mergers and acquisitions are commonplace. As many readers know, the secular bear market of the 1980s and 1990s had an obvious impact on the exploration side of the business. Larger mining companies … Continue reading “The Catalyst for Consolidation in the Gold Sector”
Mr. Ian Lambert reports: Trade Winds Ventures Inc. has released additional drilling results….
In our most recent commentary we wrote about the relative strength in the gold equities. Gold equities have not only bucked the downtrend in the equity markets but in relative terms are breaking to new highs against equity indices. In the chart below we plot precious metals prices, GDX versus the Morgan Stanley World Index … Continue reading “Gold Stocks Break to New Highs Against Equities”