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The following video is an excerpt of Greg Weldon’s work from his Metal Monitor service. He’s been kind enough to allow me to pass it along to my readers and viewers. Greg offers a free, one-time, 30-day trial of three different research publications: 1)  Weldon’s Money Monitor (global macro);  2) The Metal Monitor (precious … Continue reading

Paulson increases his fund’s holdings in GLD and select gold equities….

Record Revenue of $37.5 Million, Net Income of $11.3 Million and Basic Earnings Per Share of $0.12….

First Majestic is pleased to announce the unaudited condensed interim consolidated financial results for the Company for the second quarter ending June 30, 2012….

As we alluded to last week, there is an overflowing amount of evidence that both the metals and the shares have bottomed. Price action, sentiment indicators and fundamentals more than confirm a market bottom. Does this mean the market is ready to zoom much higher? Not necessarily. The sector must contend with some overhead supply … Continue reading

Here we post charts of three European stock markets as well as an index for Europe itself. Finally, we post some valuation data for Europe. We hope it lends some perspective to the day to day action. Here is Spain. It declined 65% from 2007-2012. Recent price action looks bullish as the market held long-term … Continue reading

Gold closed the week with a slight gain while Silver also closed higher. Today, the metals pushed higher thanks to disappointing manufacturing and bank lending data from China, which reinforced the need for further policy easing. ECB head Mario Draghi’s comments and reaffirmations have helped put a floor under Europe which also strengthened the case for precious … Continue reading

Market Notes Dow Jones Industrial index is now up for a fifth weekly gain, while Dow Jones Transportation has only managed one weekly gain in the last five. I continue to monitor what I believe to be a serious non-confirmational Dow Theory warning signal between these two indices, especially as the VIX remains at extremely complacent levels. … Continue reading

The 2012 partner funded exploration and development program should significantly advance the Terra Project….

Quoting the Full Release from Couer D’Alene: Coeur d’Alene Mines Corporation (“Coeur”) (NYSE:CDE)(TSX:CDM) today announced that it has agreed to acquire 1,851,852 common shares (the “Shares”) of Huldra Silver Inc. (“Huldra”) (TSXV: HDA) at a purchase price of C$1.08 per Share, for total consideration of C$2 million. The Shares will be acquired pursuant to a … Continue reading