West Timmins Mining WTM (TSX) – Buying Pressure Is Building

July 29, 2009

Recently WTM.TO – West Timmins Mining announced impressive drill results. Ever since good things happened. Buying pressure is increasing. The 60 min chart tells me once the 2$ level gets taken out we will probably see a quick move up to 2.50$ and I think ultimately a 3.00$ price target is where the stock is […]

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Bio Extraction BXI (TSX Venture) – Consolidation Pattern Started

July 28, 2009

Lots of traders take some time off during summer. It’s been quite a while since I took a few weeks off. I haven’t decided yet when to do that but August is certainly a month where things will slow down a bit for me. I will closely monitor the markets but won’t be in front […]

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Exotic Metals – Rare Earth Elements, Lithium, Tantalum And Niobium Heating Up

July 27, 2009

As there is not much else I see happening in the markets right now I am just going to restate the obvious: The Rare Earth Elements sector is doing extremely well right now. Personally I don’t think it makes a big difference which specific sector a stock belongs to. For the general public it simply […]

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Ventana Gold VEN (TSX) – Brazilian Billionaire Is Buying Shares

July 23, 2009

Yesterday I talked about the fact I pay attention to other things in addition to the chart and the trend a stock is trading in. I want to draw your attention to this recent piece of news regarding VEN.TO – Ventana Gold. We now have a billionaire buying shares in VEN.TO. By the way the […]

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Evolving Gold – EVG (TSX-Venture) – Technicals Favour Higher Prices Ahead

July 22, 2009

Evolving Gold – EVG.V is my newest public list addition. Some people have asked me how I find new stocks. So I thought it might be interesting to answer that question on my website. As you are probably aware of I somehow am a trend follower. But I am less mechanical in my approach and […]

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Rare Earth Element Stocks – Stick With The Leaders AVL (TSX) And RES (TSX-Venture)

July 21, 2009

In the past I’ve written about sticking to the leader and avoiding area plays. This posting is not about area plays but it is more or less the same rationale I am applying. I am watching lots of different stocks and sectors and my trading philosophy really comes down to betting on the leaders. These […]

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UXG – US Gold Technical Breakout With 4 USD$ Price Target

July 20, 2009

Technically speaking UXG – US Gold broke out of its w-bottom chart pattern today. 4 USD$ should be a reasonable price target. That level used to be both support and resistance in the past. Important price levels tend to attract prices. That’s why this price area should literally act as a price magnet. Predicting is […]

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Special Report Gold 2009: "In Gold we trust" – Erste Group Research

July 19, 2009

Recently I came across a comprehensive 50 pages report on gold. I think it is well worth reading. These are the topics covered in the report: Outstanding risk/return ratio for gold investments Wall Street discovers gold Austrian School of Economics: massive expansion of money supply as basis for a gold bull market? Gold is still […]

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Marc Faber Video Interview On CNBC – Gold, Inflation, Malaysia And Asian Real Estate

July 18, 2009

Eric Sprott was referring to Marc Faber and his recent comments on hyperinflation in his interview. This is not the Marc Faber video he was referring to but it is the most recent interview Marc Faber gave. He still likes gold as he expects inflation down the road. He dislikes long term US government bonds. […]

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Eric Sprott Interview – Gold, Inflation, Stimulus Plans, Quantitative Easing And The Economy

July 18, 2009

Eric Sprott needs no introduction. He is one of the best known fund managers advocating investments in natural resource companies and gold. Without going too deep into the inflation/deflation debate his conclusion is that gold offers protection when currencies are being debased by excessive money printing. He believes that the public still isn’t significantly involved […]

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