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 that they make. This stock is volatile because it is [...]
Kinross Gold Corp., KGC, has underperformed for this past year. The question now is: where does it go from here? Before we get into this report, I want to let you know that I have owned this stock for a long time and I currently own it. There are a lot of questions in my mind regarding Kinross’ less than stellar performance during gold’s run [...]
Inflation is baked into the cake, while QE-3 is waiting in the wings. It is amazing how the people who created the problem are put in charge of fixing the problem that they never saw coming in the first place. Ben Bernanke is called the foremost scholar on the history of “The Great Depression”. It is unfortunate that he did not spend any time studying [...]
Northern Tiger NTR.V is getting ready to roar! Let me start out by saying that this stock is definitely not for everyone. It is , on the other hand, a stock that should be considered if you think that the gold bull has a lot more to run, because as an exploration company, there is a lot of blue sky potential here that should come [...]
Are we in seeing a gold mania? We are not even close to seeing a gold mania. The average investor has not gotten on board investing in gold and gold stocks. When Joe six pack starts investing in gold, then, and only then, will we see a true gold mania. This latest correction from gold’s high of $1,387 is the latest opportunity for investors to [...]
Goldcorp’s (GG), Penasquito mine in Zacatecas, Mexico, is about to go into commercial production, after nearly 4&1/2 years of construction and $1.7 billion dollars invested. This is a major milestone for Goldcorp which will dramatically increase its bottom line going forward. Goldcorp ranks among the elite of the major miners and Penasquito cements Goldcorp’s position in that group. There is more to this story than [...]
“Quantitative easing” to infinity and beyond! Fed Chairman “helicopter” Ben Bernanke, at the prompting of “The Community Organizer in Chief”, is determined to destroy the dollar in order to restore the economy. Kind of counter productive, don’t you think? This is Keynesian economic mythology to the power of ten. “Quantitative easing” to infinity and beyond! With this second round of “quantitative easing”, the Federal Reserve [...]
The summer doldrums are officially here! Gold has come off its $1,260 high and is slogging around in the vicinity of $1,200 per ounce. The question now is what is gold’s next move? It appears that this trading range will hold, at least temporarily, and until we have a change in direction, the bull market in gold is still on. Look for this to change [...]
Some times you have to call things as you see them. Political ideologues are going after your investments. You can either sit back and get sheared or you can wake up and realize that your feel good politics are threatening your way of life. Now might be a good time to take off the blinders because gold’s warning signs are flashing! “Change” is coming and [...]
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