If we have learned anything in the gold and silver markets over the past three weeks, it is that volatility is the new norm. Nothing has really changed except that the world’s economic situation has gotten worse. The Euro zone is no closer to a real solution to the Greek problem, so they kicked the [...]
Gold has bounced off the bottom of this latest correction and is moving higher in an orderly fashion as it readies for the push through $2,000 to $2,100 later this year. There are strong indications that gold will launch a new move soon. Many factors would have to come together at exactly the same time [...]
Learning how to put gold in your IRA is not a difficult task, but it does take a little thought before you go down that path. There are a few things to consider that might have ramifications down the road. With that being said, let’s take a look at how to put gold in your [...]
SilverCorp Metals (SVM) is under attack by short sellers and the question we are left with is: Who Is Telling The Truth? SilverCorp’s shares got slammed for a 10 % loss on Friday, closing at $7.43 per share. There is more to this story than meets the eye and I think that we may be [...]
It is time for a Silvercorp Metals update! The precious metals stocks have been hammered during this latest correction for gold and silver. The price of silver has plummeted from its high of $48.58 to its current price of $36.51. Gold, on the other hand is within striking distance of $1,550 per ounce. Spot gold [...]
What’s wrong with Kinross, KGC? Let’s start with the present, 2011 and work backwards. Kinross is projected to produce in the range of 2.5–2.6 million ounces of gold at an average cost in gold equivalent of $565 to $610 per ounce. At this Friday’s close of $1,542.40 per ounce, that equates to a profit [...]
With the gold and silver markets working through a correction, it’s time to take a look at Gabelli Funds: GGN. Those of you that follow me know that it was time to take profits a couple of weeks ago as the precious metals markets started this correction. Those of you that sold a third, or [...]
Oil has taken center stage in the world news and I feel that it is important that we look at oil with an eye to investing in oil stocks after the immediate panic calms down and the shares pull back a little. With that said, I want to take a look at Russian oil companies [...]
NovaGold Resources Inc. (NG) announced that it had purchased a 100% interest in the Ambler property in Alaska on December 22, 2010 and the next day the stock went up 15%. This is par for the course for NovaGold’s stock. NovaGold is quietly acquiring more gold, silver and copper with each new property and agreement [...]
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
Recent Comments