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”
David Skarica is the founder and Editor of the newsletter Addicted to Profits and is the editor of a Gold service published by Newsmax. Skarica entered the financial markets at a young age. At the age of 18 he became the youngest person on record to pass the Canadian Securities Course. In January of 1999 … Continue reading “TheDailyGold Podcast with Dave Skarica 8/17”
CMC Metals shares have broken out to a 3-month high. This junior is set to have near-term cash flow via its bulk sample at Silver Hart and production at the Radcliff Mine in California….
Trade Winds Ventures Inc. (TSX-V: TWD, FSE: TVR) is pleased to announce the start of the second-half drill program of 2011 on Block A (2H 2011), located adjacent to Detour Gold’s Detour Lake gold project….
Savvy and experienced market technicans and traders will laud the concept and importance of relative strength. Relative strength analysis can be used on any time frame. On large time frames it can tell us which sectors could be future leaders. On shorter time frames it can also provide insight to the future. In this analysis … Continue reading “Relative Strength of Gold Stocks Signals the Future”
Click Below to listen to our interview….
In recent months we’ve been talking and writing about a potential acceleration in Gold. The chart said we were close and in all honesty Gold has actually been in a state of gradual acceleration since the 2008 low. Furthermore, we’d noted that in most secular bull markets, accelerations usually begin in the 11th or 12th … Continue reading “An Acceleration in Gold has Begun”
The goal for 2011 is to extract 2,500 tonnes of direct-ship ore. To date an estimated 589 tonnes (SG 3.0) have been excavated…..