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We often write about the real price of gold (RPG) as it is a leading macro indicator and leading indicator for gold stock fundamentals. The RPG is simply a measurement of Gold in terms of various markets such as commodities, stocks or currencies. If the RPG is broadly outperforming then it could be signaling credit … Continue reading

We began the week by making a ballsy prediction about the precious metals complex. We believed a major bottom could happen this week. In the wake of the European debt crisis and potential “credit events,” the precious metals became extremely oversold based on a number of metrics. Technically, we saw that Gold and Silver were … Continue reading

Argonaut Gold Inc. (TSX:AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce its financial and operating results for the first quarter ended March 31, 2012….

Normally catching a bottom is not difficult. Bottoms tend to occur instantly while market tops form during a process. Yet, I’ve found that bottoms of long-term significance do not occur instantly. Like tops, they can take time to develop. For example, think about late 2008 to early 2009. Commodities hit their price low in December … Continue reading

First Majestic Reports Strong Earnings of $26.4M in Q1 2012, Up 10% compared with Q1 2011; Revenues top $57.8M, Up 5% from Q1 2011…

Meadow Bay Reports New Results…

Argonaut Gold Inc. (TSX:AR) (“Argonaut” or the “Company”) is pleased to report on exploration results at its San Antonio project in Baja California Sur, Mexico and the La Colorada project in Sonora, Mexico. 2012 Exploration Update: La Colorada 35,962 meters for 244 holes completed since the last update in October of 2011 San Antonio 20,600 … Continue reading

Huldra samples .34 m of 8,739 g/t Ag at Treasure….

Commodities have underperformed in the past year as the US economy gained traction and the need for inflationary and stimulative measures abated, though only temporarily. At the same time, Commodities had embarked on a tremendous advance and a pullback was to be expected. Interestingly, the past can tell us something about the future path of … Continue reading

As the gold stocks continue to fall to new lows and struggle to find a bottom, it is important to keep things in perspective. Before we get to the visual comparison with the 1960s and 1970s, we want to touch on the reasons why the gold stocks have underperformed in recent months and years. First, … Continue reading