GDXJ

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Premium Update #33.4 Junior Gold Stocks & New JR Index

In today’s 31 page premium update we unveiled our new JR Gold Index. It consists of 25 stocks which are equally weighted and most fit in our target range of $100 to $600 million in market cap. How a billion dollar company can be called a junior, is beyond me. The second chart show the … Continue reading

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Gold & Silver Power Update

1. Gold blasted out of the ascending triangle I highlighted this morning right before the breakout. 2. GOLD ASCENDING TRIANGLE 3. Gold blasted off leaving a crowd of top callers and gold worriers behind.  The target of the triangle is 1320. The worst traders I know are pretty much out of gold. 4. The reality … Continue reading

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Gold Miners

Was looking for smaller producers to replace the departed JAG, and once again went to review the GDXJ junior gold miner eft’s holdings and I realized that I will be best to pick my own explorers and juniors. I then went and reviewed the GDX gold miner etf’s holdings. Much more to my liking and … Continue reading

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Gold Price and Volatility Parabola

Let’s get right to business. Here’s the gold juniors chart, via the GDXJ.  I’ve highlighted the key HSR levels in blue.  After hitting my “enhanced selling” HSR $29 area, most of you are back in refill mode now. Click here now to view the enhanced buy zones, current and prospective: GDXJ Daily Chart The one … Continue reading

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On the Gold Field: Stay with the Ball

1.   Nouriel Roubini is back!  So are a boatload of other top economists, all horrified as they watch what they term “the tip of the iceberg”. The Euro crisis has deepened into a catastrophic mess, one that has just started.  While it all looks hopeless, I want to remind you that the “banksters” continue to … Continue reading

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Short-Term Trading Tactics

As someone still learning how to trade better (I hope I never stop learning), I wanted to lay out my thought process for re-entering the GDXJ ETF from the long side over the next week. The following is what I expect to happen, and I will re-adjust if the market doesn’t give me what I … Continue reading

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Gold Set to Keep Chugging Higher

Kitco.com’s own new Gold price measure demonstrates that Gold has reached significant new all-time nominal highs. To quote from their website: “The Kitco Gold Index is the price of [G]old measured not in terms of US Dollars, but rather in terms of the same weighted basket of currencies that determine the US Dollar Index.” In … Continue reading

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Gold Forwards Acting Up

Was looking at the Gold forward lease rates from the London Bullion Market Association (LBMA) website (you can look yourself here if interested). It looks like the 1 and 2 month lease rates have inverted for the past three trading days in a row. When you start getting into lease rates, my brain has to … Continue reading

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Norman Financial Weekly Analysis

As of Friday February 19th, gold is positioned in a rare setup that normally only comes along once or twice every 15-20 months……

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