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iiTrader: Gold Bias to Upside But Limited
Rich Ilczyszyn chief market strategist of iitrader.com speaks with Kitco News. He discusses his outlook for Gold in Q1 2013.
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Rich Ilczyszyn chief market strategist of iitrader.com speaks with Kitco News. He discusses his outlook for Gold in Q1 2013.
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This post includes charts of our silver producers index which contains 14 silver producers and is partially weighted by market cap. A few weeks ago, volume (smoothed) hit a 5-year low as the index was trying to make a new low. Note how the index was supported by a 13-year trendline. A closer look … Continue reading
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In early November we turned bearish on the precious metals with the expectation that the sector was about to begin a final plunge that would lead to a V shaped bottom. In our last editorial, we asserted that the bear market was in its final throes. Interestingly, the plunge in precious metals stocks may have … Continue reading
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Gold is set to post its biggest annual loss in more than three decades as rallying U.S. equities and optimism about a synchronized global economic recovery lowered its….
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Since I do not have a crystal ball, it is remarkably difficult to answer that question. I could answer the above question with a yes or a no…..
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TORONTO, ONTARIO–(Marketwired – Dec. 30, 2013) – Argonaut Gold Inc. (TSX:AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce they have finalized the agreement for the Company to acquire the San Agustín project, located 10 kilometers from the their El Castillo project in Durango, Mexico, from Silver Standard Resources (TSX:SSO) (“Silver Standard Inc.”). The terms … Continue reading
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According to recent BCA Research, it is difficult to see precious metals accelerating on the downside in the medium term, despite Fed’s announcement of tapering……
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The Fed decision was the catalyst for the final breakdown in precious metals. On Thursday Gold closed at a new low, below $1200 and the gold shares also closed at a new low. Last week we wrote: “The bulk of the evidence leads me to believe that we probably have not seen the bottom though … Continue reading
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Balmoral Resources Ltd. has released the highest-grade gold intercept to date from the Martiniere West gold zone on its….
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This chart compares Gold’s current correction to the bursting of four bubbles: Dow in 1929, Gold in 1980, Japan in 1990 and Nasdaq in 2000. If Gold’s secular bull market was over it would correct similarly to the bursting of these bubbles. We don’t see that whatsoever.