HUI

Silver has been red hot lately and the silver shares have joined in the fun. Yet, we haven’t seen a corresponding breakout in Gold or in the gold shares (as evidenced by GDXJ and GDX). In the chart below we show SIL (large silver stocks), Silver, Gold, GDXJ (gold juniors) and GDX (large cap golds). … Continue reading

The gold bull is now on the verge of launching the most spectacular up leg of this 10 year bull market. This spring we should see the final parabolic rally of the massive C-wave advance that began in April `09 with a test of the 1980 high at $860. First off let me explain gold’s … Continue reading

Seems like everyone has now jumped back on the energy band wagon.To be precise energy, solar’s, uranium and rare earths. I hear it constantly in the media. However if something has gone up long enough and far enough to garner the attention of the media it’s usually closer to a top than a bottom. For … Continue reading

Gold begins a new week up a touch from where it ended last week. The spot price as we write is $1,348. Silver is off a few pennies, to $27.45.

We appear to be at the 3rd wave juncture where the large cap producer gold and silver stocks and intermediate precious metals producer/developer stocks tend to start to move much better….

  This essay is based on the Premium Update posted on November 19th, 2010 A recently published paper that studied the stimulus efforts in 44 countries showed some interesting findings. Ethan Ilzetzki of the London School of Economics and Enrique G. Mendoza and Carlos A. Vegh of the University of Maryland argued in their National … Continue reading

Excerpted from the November 7th edition of Notes From the Rabbit Hole: Precious Metals – Wild Man, Stodgy Old Man & 3 Snowmen Let’s begin with a weekly view of the wild man… silver. I am going to tweak the target to 31.50 from the previously noted 33. Before this target is reached, one can … Continue reading

China is the world’s largest producer of gold, but it has plenty of other precious metals and rare minerals as well…..

I am going to step out on a limb in this report and cover what I think to be an intermediate top in the precious metals sector……

The global debt crisis and the war on deflation by the Federal Reserve is causing more producers to find ways to invest their cash.  This low interest rate environment which may continue for some time will force producers whom are sitting on large cash positions to acquire more reserves.  Mergers and acquisitions in the mining … Continue reading