Category: Gold and Silver Stocks 2014
The analysis published under this category are as follows.Friday, December 26, 2014
A Gold Stocks Golden Opportunity On Hope’s Doorstep / Commodities / Gold and Silver Stocks 2014
Some 1,200 junior resource exploration and development companies are located in Vancouver, British Columbia. Vancouver is well known as a hub for mining expertise and is one of the greatest mining centers in the world.
Not many of those 1200 companies can claim to have a mine, let alone one with:
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Tuesday, December 16, 2014
Gold and Silver Stocks Bottom - Are We There Yet? / Commodities / Gold and Silver Stocks 2014
One can only draw so many lines on a chart before they become completely confused on what trendline is actually important. Many will just starting connecting two top points and two bottom points and calling it a pattern. That's not how you find a chart pattern. A chart pattern shows the fight between the bulls and the bears. Lets use a triangle as an example of the fight between the bulls and the bear in an uptrend.
If the stock is in an uptrend the first reversal point will be when the initial top takes place. This can be on any time frame. Next you need to see the bears take control and drive prices lower creating the first reversal point starting at the top. At some point the bears will run out of gas and the bulls come charging back rallying the price backup to another high that is slightly lower than the first reversal point number one high, before they run out of strength to move the stock higher. Once the lower high is in place you can put a number 2 under the first low inside the triangle.
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Tuesday, December 02, 2014
Australian Gold Sector Are We There Yet? / Commodities / Gold and Silver Stocks 2014
The Australian gold sector index (XGD) topped during the week of 15th April 2011 at 8498.9. The first fact to consider from this article is that this occurred nearly 5 months ahead of the peak in gold when the king of metals had just reached the high US$1400. As you well know gold went on to rise to US$1920.8 approximately $430 higher than when the gold stocks peaked. To make the same point again this index reached a previous top at 8448.4 in the week of the 12th November 2010 when gold closed at US$1368.5. That was approximately 10 months ahead of the top in gold. This is a critical point to understand as we grind through the remainder of this painful correction in gold.
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Wednesday, November 26, 2014
Gold - So Bad It's Good: Surviving 2014 / Commodities / Gold and Silver Stocks 2014
As we approach Thanksgiving in the States, Streetwise Reports reached out to some of our most popular experts for perspective on the natural resource market during this volatile time. While some thought 2014 was so bad it was good—for contrarian investors—others will be all too happy to see the year in the rearview mirror.
Streewise Reports: What is the 2014 development for which you are most grateful?
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Friday, November 21, 2014
Junior Gold Miners (GDXJ) Breaking Three Month Downtrend? / Commodities / Gold and Silver Stocks 2014
For several weeks I have been expecting a major secular bottom in precious metals and the junior miner. I told you to watch for the accumulation after a shakeout. See the full article from several weeks ago by clicking on the following link.
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Friday, November 14, 2014
Gold Stocks Apocalypse / Commodities / Gold and Silver Stocks 2014
This latest capitulation by gold-stock investors has left this hated sector at truly apocalyptic lows. Bearish consensus is so extreme that pretty much everyone believes the gold miners are doomed to spiral lower forever. But today’s horrendous gold-stock price levels aren’t righteous, they’re a temporary emotional fiction conjured by epic fear. Trading at fundamentally-absurd levels, gold stocks are due to mean revert far higher.
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Friday, November 14, 2014
Silver Wheaton and Agnico Eagle Mines Gold and Silver Stocks Chart Analysis / Commodities / Gold and Silver Stocks 2014
Silver Wheaton Corp (SLW)
Silver Wheaton Corp (SLW) is the largest precious metals streaming company in the world and is listed on the Canadian Stock Exchange (TSX) with a market capitalisation of over CAD$6.5b. The company generally focuses on low cost, long life gold and silver assets and currently has 19 operating mines around the globe. Price last traded at $20.41. To learn more about the company, please visit its website at www.silverwheaton.com
Let's investigate the technicals beginning with the yearly chart.
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Thursday, November 13, 2014
Gold Long Short GDXJ, DGZ ETF Technical Analysis / Commodities / Gold and Silver Stocks 2014
The analysis includes GDXJ which is a long gold fund and DGZ which is a short gold fund.
GDXJ Market Vectors Junior Gold Miners ETF
The Market Vectors Junior Gold Miners ETF (GDXJ) is an equity index that provides exposure to small and medium sized companies that generate at least 50% of their revenues from gold and/or silver mining. It is listed on the American Stock Exchange (AMEX) with price last trading at $25.73.
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Wednesday, November 12, 2014
Silver and Gold Producers – a CALL TO ARMS! / Commodities / Gold and Silver Stocks 2014
How much longer are you going to let Wall Street determine the price you are permitted to charge for your product?
How much longer will you stand by and watch as computer traders raise and mostly lower the price of your product, by selling contracts in the futures market for metal they do not own, and do not produce?
(Bud Conrad at Caseyresearch.com has just written an excellent article, with a number of charts, on this subject titled: “Paper Gold and its effect on the Gold Price.”)
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Friday, November 07, 2014
Could Gold Stocks Bottom at 2008 Credit Crisis Low Prices? / Commodities / Gold and Silver Stocks 2014
The commodity equities are selling off as The Fed halts QE3. However, we are reaching oversold levels and support areas where short covering could soon begin. Commodities, metals and the junior miners are hitting multi year lows and falling below 2008 credit crisis levels. This crash is not based on fundamentals only on an artificially inflated dollar due to Yen and Euro weakness.
This is not a time to panic but continue to accumulate as the bear market may be reaching the final capitulation stage. This decline may be a sign that the quantitative easing may have lifted stock market indices, but it did little to improve demand and growth in the economy reflected by demand for energy and metals.
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Friday, October 31, 2014
Pretium - Canadian Golden Elephant / Commodities / Gold and Silver Stocks 2014
Elephants are the world’s largest land animals. And though there aren’t many, they can still be found scattered across the planet. In the mining industry, super-large-sized deposits are often referred to as elephants. Like the animal, these deposits aren’t all that common. But also like the animal, they can still be found.
Elephant country is somewhere miners tend to gravitate towards in their hunt for meaningful discoveries, as elephants can usually be found in herds. And one of the world’s most prolific gold herds is found in British Columbia’s Golden Triangle.
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Wednesday, October 29, 2014
Gold and Silver Junior Miners Buying Opportunity Comes Once Every Six Years / Commodities / Gold and Silver Stocks 2014
Risk taking is a natural part of life, especially in the capitalist system where the greater the risk, the increased potential reward. The TSX Venture Index which is made of the Canadian start ups in junior mining and high tech is hitting lows not seen since 2002 and the 2008 Credit Crisis. Investors are now risk adverse, but as the charts shows below that could change.
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Sunday, October 26, 2014
Mining CEO Calls on Fellow Miners to Halt Physical Silver Sales to End the Paper Manipulation / Commodities / Gold and Silver Stocks 2014
I have always been in favor of mining companies holding back the sale of a portion of their metals when prices dip. Furthermore, they should hold reserves beyond the amount needed to run daily operations in gold and silver, not fiat cash. It can always be converted if and when necessary. Lastly, offer an option to pay dividends in physical metal, cutting out the middlemen.
Keith Neumeyer of First Majestic Silver was one of the first mining CEOs to do this and I applaud his actions. In the latest quarter, First Majestic held back 35% of their production, rather than selling it at deeply discounted paper prices.
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Saturday, October 25, 2014
Gold Price Rebounds but Gold Miners Struggle / Commodities / Gold and Silver Stocks 2014
Several weeks ago the entire precious metals space was extremely oversold and due for at the least, a reflex rally. Gold was down in nine of twelve weeks with Silver down in eleven of those twelve weeks. The miners experienced a nasty September and were down five consecutive weeks. With Gold rallying from $1185 to $1255, we would expect Silver and the mining stocks to rebound strongly in percentage terms. However, those markets have lagged Gold badly. The mining stocks are essentially back to their lows and Silver hasn’t fared much better. The recent stark underperformance of Silver and the mining stocks especially is a warning sign of further downside.
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Friday, October 24, 2014
Blood in the Streets to Create the Gold Stocks Investor Opportunity of the Decade / Commodities / Gold and Silver Stocks 2014
By Laurynas Vegys, Research Analyst
Gold stocks staged spring and summer rallies this year, but haven’t able to sustain the momentum. Many have sold off sharply in recent weeks, along with gold. That makes this a good time to examine the book value of gold equities; are they objectively cheap now, or not?
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Sunday, October 19, 2014
Gold Stocks Analysis – FNV, CG, NCM, SBM / Commodities / Gold and Silver Stocks 2014
FRANCO-NEVADA CORP (FNV)
Franco-Nevada Corporation (FNV) is the Big Daddy of the Canadian gold market. It is listed on the Toronto Stock Exchange (TSX) with a market capitalisation of around CAD$7.8b. Its main interests are its North American gold assets but it is a truly global company with investments in several other countries including Mexico and Australia. Price last traded at $60.25. To learn more about the company, please visit its website at www.franco-nevada.com
Let’s take a top down approach to the technicals beginning with the yearly chart.
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Monday, October 13, 2014
Powerful Reversal and Shakeout in the Junior Gold Mining Stocks at May Lows Around $33 / Commodities / Gold and Silver Stocks 2014
Summary
- Three years ago in early 2011, I cautioned my readers to be careful to chase gold and silver higher as it was moving parabolic. Now it is oversold and ignored.
- Be careful now of parabolic rises in the S&P500 (SPY), Long term US Treasuries (TLT) and US dollar (UUP). Investors are scared and looking for liquidity.
- Silver (SLV) is trading below $17, Gold (GLD) is testing major support at $1200. The GDXJ has been outperforming and has not violated 2013 lows.
- If $1180 does not hold, gold (GLD) may test lower prices near $1050 as that is the approximate 50% retracement of the 2001-2011 bull market.
- Some smart traders are expecting a triple bottom at $1180 on gold with a bounce off current oversold levels with a small pullback in December for tax loss selling.
- Junior Gold Mining ETF (GDXJ) Makes Bullish Reversal at May Lows around $33.
Wednesday, October 08, 2014
Gold and Silver Stocks Apocalypse Now, Bear Market Review / Commodities / Gold and Silver Stocks 2014
In part I, Phase III-Dead Ahead, we established the macro case for the final phase of the gold stock bear market. As the bear market progresses the economies key constraint remains the level of debt, specifically the size and composition of the national balance sheet which has baked in the cake a deflationary outcome. It is this wave of deflation that will drive the final phase of this bear market to unimagined lows. The good news, however is when it's finally over the precious metals will transition into the next bull market. We will examine this process and the sign posts along the way as we complete phase III of the bear market and transition into the beginning of the next bull market in the precious metals.
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Friday, October 03, 2014
Nevada’s Newest Gold Miner / Commodities / Gold and Silver Stocks 2014
Nevada is well known as the United States’ top gold-mining jurisdiction. The numerous mines within its massive gold trends combined to produce a whopping 5.4m ounces in 2013, which accounted for 74% of total domestic output. This output ranks Nevada as the world’s fourth-largest gold producer, behind only the countries of China, Australia, and Russia.
With Nevada’s geopolitically-stable mild desert region pumping out more gold than global juggernauts South Africa, Peru, and Canada, it is naturally a top destination for mining companies looking to hit it big. And emerging producer Midway Gold has hit the trifecta with a trio of advanced-stage projects poised to add to Nevada’s gold-mine tally.
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Thursday, October 02, 2014
Trading Impulse Moves in Gold and Silver Stocks / Commodities / Gold and Silver Stocks 2014
For the last two months, and especially the month of September, I've been trying to prep you for the impulse move that we currently find ourselves in right now. You don't have to wait any longer wondering when it's going to begin. We've been in this impulse move down since the last high was made on August 14th, which is the 4th reversal point in that blue triangle consolidation pattern, we've been following so close. I've been showing you countless H&S top patterns in all the big cap precious metals stocks a long with smaller consolidation patterns that are breaking out. I've shown you how the Japanese Yen and the eruo that have been collapsing and how closely gold and precious metals stock indexes are following the Yen lower. I don't know how I can make it any more clearer that the move we've been waiting for, for 15 months or so, is already six weeks old.
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