Frank Holmes US Global Investors – Gold And Inflation Adjusted Price Targets Video

November 24, 2009

Great video with Frank Holmes from U.S. Global Investors and his thoughts on gold, money supply increase and why he thinks gold price targets will surpass inflation adjusted prices. Here’s a quote taken from his video: Money supply is on fire in the E-7 and G-7 — they’re just printing away…Unless money supply shrinks dramatically […]

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BSK.V – Blue Sky Uranium: Ross Beaty Lumina Capital Investment Building Pressure

November 24, 2009

Tonight’s chart is a good example of how I proceed when I add a stock to my public list. To begin with I look for strong thrusting moves. Most of the time the initial move creates a gap which is accompanied by above average volume. The important thing to keep in mind here is the […]

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Currencies – USD Dollar vs. Euro

November 23, 2009

A new week has started and nothing compelling happened that would induce me to change my mind. I am staying on the sidelines. There are a few stocks that look great and I continue to replenish my public list. Today I added AMZ.V – Amazon Mining. A Brazilian potash play with great potential and a […]

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CSIQ – Canadian Solar: Stock Is Breaking Out On Decent Volume

November 19, 2009

Canadian Solar – CSIQ is a stock I added to my public list today. Along with TSL – Trina Solar, a Chinese solar stock, those two are probably the best looking in the industry. CSIQ – Canadian Solar just broke out of an ascending triangle. Volume is decent. Definitely one to keep on the radar. […]

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RGLD – Royal Gold Breaking Out Without Volume Surge

November 18, 2009

Tonight’s posting is about RGLD – Royal Gold, a stock I’ve been tracking for quite a while. I’ve written about RGLD in the past as the Gold Royalty Concept is a low risk approach I do like. Right now the stock is breaking out to new all time highs. Price wise there is nothing not […]

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UCU.V – Ucore Uranium Sell-Off: Potential Red Flag For Rare Earth Element Stocks

November 17, 2009

Today’s sell-off in UCU.V – Ucore Uranium after news was released is a potential red flag for the Rare Earth Element sector. QUC.V – Quest Uranium was up and is holding up well above the recent private placement level at 2.30. RES.V – Rare Element Resources is doing rather well but is somehow caught in […]

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Volume Divergence Continues

November 16, 2009

Although volume divergences abound – ideally you want rising volume with rising prices – one cannot argue with price itself. I might initiate a few positions soon and test the markets. Not sure yet. EVG.V – Evolving Gold: The stock might have started a separation move away from the private placement level at 0.90. I […]

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Gold Price – HUI Gold Bugs Index Comparison: Divergence And Non-Confirmation

November 13, 2009

A few days ago I added a $GOLD – $HUI chart comparing the Gold price with the Gold BUGS Index (Basket of Unhedged Gold Stocks). Going through several hundreds of charts I still can’t find anything compelling about the markets that would induce me to aggressively go long at this juncture. Even gold and the […]

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GDXJ – Van Eck Market Vectors Junior Gold Miner ETF Starts Trading On NYSE

November 12, 2009

Just a quick posting as a very interesting trading vehicle just started trading. I am referring to Van Eck’s new Market Vectors Junior Gold Miner ETF. I am going to add that one to my public list as Van Eck’s GDX – Market Vector Gold Miners has become a very popular exchange traded fund. GDXJ […]

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S&P 500 Price – Volume Divergence: Potential Non-Confirmation

November 12, 2009

Yesterday I wrote about the volume pattern not confirming the price advance. I used SIO.V – Sensio Technologies as an example. You can spot the same divergence with the S&P 500. Ideally you want volume to confirm a price advance. Actually the S&P 500 chart below is sending two messages corroborating the non-confirmation: Increasing volume […]

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