Commentaries

Gold moved sideways for the last six weeks, with each rally and correction sparking either new hopes or new fears about the yellow metal.

Amid continuing inflationary policy, the US Dollar is at a critical juncture by both daily and weekly charts.  Euro targets 142+ and the Yen approaches our target.  Currency war kicks off; gold just sits there biding time. From last week’s eLetter: “A Goldilocks atmosphere was expertly created in large part due to the fact … Continue reading

Last three months were sort of a roller coaster for precious metals investors – gold and silver hit a local bottom at the beginning of November and it looked like nothing could stop a strong rally to follow.

According to Stephen Letwin, CEO of IamGold, we could be at peak Gold right now because the industry has already exploited its best reserves. Global gold production in the first nine months of 2012 fell 1 percent from a year earlier to 61.5 million ounces, according to Bloomberg. The average ore grade of reserves at … Continue reading

Perhaps you have never heard of the Bank for International Settlements (BIS) located in Basel, Switzerland. Perhaps you have never heard of the Basel Committee on Banking Supervision (BCBS), a separate legal entity with headquarters at the BIS. But these two regulatory bodies play a considerably important role in the development of international banking supervisory … Continue reading

Contrarians are you paying attention? Bloomberg reports that hedge funds cut their bets on commodities to a six-month low even as commodities have rallied a bit. Speculators trimmed net-long positions across 18 futures and options by 5.4 percent to 654,443 contracts in the week ended Jan. 8, the lowest since June 19, U.S. Commodity Futures … Continue reading

Aurizon shares finished up 32% today after Alamos Gold offered $792 Million for the company. Bloomberg Reports: Aurizon is considering the proposal, Jennifer North, a spokeswoman for the Vancouver-based company, said during a phone interview. Aurizon rose 34 percent to C$4.57 at 12:55 p.m. in Toronto after earlier rising as much as 36 percent, the … Continue reading

Why is gold in a bull market?

Gold and gold miner stocks have underperformed in 2012 disappointing most traders.

As the market shakes off years of exuberance, Brent Cook, co-editor of the Exploration Insights newsletter, searches for the truly undervalued….